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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.
Ferrari sales drop off a cliff
Tue, 09 Dec 2008And there’s us thinking Ferrari was immune to the chaos that’s beset car makers all over the world. It’s been revealed that Ferrari’s sales in November dropped by a colossal 85% to just 92 cars, from a normal monthly production of around 600. How can this be?
Peugeot 2008 DKR gets 340 bhp turbo diesel to fight the Dakar Rally
Sat, 05 Jul 2014Peugeot 2008 DKR (pictured) gets 340 bhp turbo diesel to fight the Dakar Rally The days of Peugeot’s motorsport activities being integral to the brand’s identity are long gone, but Peugeot are still playing motorsports with a few headline grabbing projects like Sebastian Loeb’s Pikes Peak car. But Peugeot’s motorsport activities at the moment are extending a bit further than hitting Pikes Peak (and the Goodwood hillclimb) in a monstrous Peugeot 208 T16, and a 2008 to take on the Dakar Rally was revealed back in April. Then, we got to see the Peugeot 2008 DKR in all its Mad Max glory, but Peugeot were being a bit circumspect about what was underneath their Apocalypse-taming Rally Raid Monster.