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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.

Mazda Hazumi Concept previews new Mazda2 – teased for Geneva Motor Show

The Mazda Hazumi Concept (pictured) teased ahead of Geneva Mazda are gearing up for the Geneva Motor Show next week with the first teaser image of the Mazda Hazumi Concept. The Hazumi Concept – which apparently means ‘Spring up’ or ‘bound’ (as in ‘bound around’ not ‘bound up’) – is the firts clear view of the next generation Mazda 2 featuring the latest iteration of Mazda’s Kodo design language and clearly takes design cues from the new Mazda3. We’ll get more details on the Hazumi/new Mazda2 as Geneva approaches, but we’re expecting it to spawn a production version of the next generation Mazda 2 that will go on sale before the end of 2014.

Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.