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McLaren turns the corner, posts first profits
Wed, 04 Jun 2014By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.
Why are Jaguar sales falling?
Tue, 09 Oct 2012Jaguar Land Rover sales are up, but they’re being driven by Land Rover and Range Rover sales with Jaguar sales dropping by over 10 per cent. But why? We’ve got used to Jaguar Land Rover reporting ever increasing sales, and this year is no different.
Rude roads hit house prices
Tue, 25 Feb 2014STREETS with rude-sounding names like Crotch Crescent, Turkey Cock Lane, Bell End and The Knob could turn out to be a haven for property hunters looking to snap up a bargain, research suggests. The study for website NeedaProperty.com looked for evidence of what impact living in a street with a suggestive name could have on the value of your home. Properties on streets with innuendo-laden names were found to be around one fifth or £84,000 cheaper on average than other homes situated nearby.