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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.

Electric paint that lights up!

Walking through the lobby between the North and Central Halls at SEMA we saw a more or less standard customized motorcycle. Then we saw it light up! Not with a light shining on it, and not with neon lights shining under it.

Nissan says the Leaf electric car will snag Toyota Prius owners

Owners of Toyota Motor Corp.'s fuel-efficient Prius hybrid will succumb to the charms of the Nissan Leaf electric sedan, predicts Nissan Division Vice President Al Castignetti. More than half of the 130,000 hand-raisers who have expressed an interest in the Leaf so far have been Prius owners, he said. "That's a pretty significant signal to us," Castignetti said last week as Nissan North America Inc.