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More than four million UK drivers aged 70 or over

The number of older people with driving licences has exceeded the four million mark for the first time, reveals a report by the RAC Foundation. Data shows that there are a record 4,018,900 men and women aged 70 or over who hold a valid full British licence, with the motoring research charity predicting that number is set to rise even further. IAM: more old drivers than ever not bad news It isn’t older drivers we should fear – it’s the young This prediction is backed by the government, which has said that of the UK citizens alive today, around 10 million will reach their 100th birthday.

McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.

Detroit will be back, Schwarzenegger tells SAE conference

Borrowing his most famous movie line, California Gov. Arnold Schwarzenegger stepped into the heart of the domestic car industry today, declaring that the Detroit automakers will recover from the economic crisis. "Yes, they're wiped out.