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McLaren turns the corner, posts first profits

By 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.

Kia pro_cee’d GT goes on sale – price from £19,995

The new Kia pro_cee’d GT (pictured) is now on sale in the UK The Kia pro_cee’d GT – a decent stab at a hot hatch from Kia – arrived in January, ahead of a public debut at the 2013 Geneva Motor Show. And now it’s on sale in the UK. The pro_cee’d GT gets Kia’s 1.6 litre petrol aided by a turbo to produce appealing figures of 201bhp and 195lb/ft of torque, enough to scoot the GT to 62mph in 7.4 seconds and on to 143mph.

McLaren reveals new London dealership

So where’s the posh new London dealership for the new McLaren MP4-12C? Just a stone’s throw from the old Park Lane McLaren site, it's emerged. One Hyde Park is the new home for the company in the UK’s capital city, and McLaren predicts that the flagship London store will be the busiest of the planned global outlets for the MP4-12C supercar, thanks mainly to the prime Knightsbridge location.