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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.

Volvo to shake up S, V, C and XC badges

Volvo will overhaul its naming system in the coming years - removing some of the uncertainty over odd numbers in the same range, such as the S40 and V50.Chief executive Stephen Odell today admitted he found Volvo's badges confusing when he first joined Volvo two years ago. 'When I arrived at Volvo I struggled to understand the nomenclature,' he admitted. 'Yes, we will be changing it.'Under the new naming system, the S40 and V50 would carry the same number.

2012 Honda Civic: First detail, photo and video

2012 Honda Civic - suitably disguised If you think about Honda cars the first car that probably springs to mind is the Honda Civic because the Civic seems to have been around for ever. In fact, the 2012 Honda Civic will be the ninth generation of the Civic over nearly 40 years. The original Civic arrived in 1972 with all its Japanese build quality and reliability intact from the start, and it was something of a revelation for a motoring public that were still buying new Austin 1300s and the later model Humber Sceptres.