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McLaren P1 lapping the Nurburgring in UNDER 7 minutes in stunning new video

The McLaren P1 laps the Nurburgring in under 7 minutes Ever since Ron Dennis claimed the McLaren P1 would be able to lap the Nurburgring in under seven minutes, we’ve been waiting for McLaren to prove it. It seems their initial attempts failed to get below the magic 7 minute barrier – unlike the Porsche 918 Spyder which lapped the Nurburgring in 6m 57s – but last month we reported that the P1 seemed to have achieved its goal by going 10 seconds faster than the Porsche in  an almost unbelievable 6 minutes 47 seconds. Unfortunately, we still don’t know officially just how quickly the P1 got round the Nurburgring, but we do now know that it was under 7 minutes thanks to a new video just released by McLaren.

Porsche makes £14k on every car it sells, Bentley makes £12.7k

Porsche made £14k on every car sold in 2013 If you need an illustration of how much more profitable high-end sports and luxury cars are than mainstream cars, VW Groups sales figures demonstrate it perfectly. At the extreme ends of the profit per car spectrum, Porsche made an enviable £13,931 for every car it sold in 2013 and VW made just £615 (although SEAT actually lost £330 on every car it sold) . In fact, although you might expect the higher-priced Bentley range to make more per car than a Porsche, Bentley only managed a creditable second place on VW Group’s profit per car table, turning in £12,700 profit for every car it turned out (11,000 of them in 2013).

Fisker gets funding for Karma & NINA

The Fisker Karma - should move to market quickly with new funding But late yesterday the DOE in the US approved loans to Fisker of $528 million (around £323 million). That should help. The loan is aiming to secure production of a plug-in hybrid in the US, which probably means the lower cost car Fisker has been talking about for some time.