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TrueCar announces women's racing initiative

TrueCar, publishers of new-car-transaction data, revealed plans for a multiyear push into motorsports sponsorship but with a twist. TrueCar will throw its money behind female racers in premier series and up-and-coming ones in numerous development series. "TrueCar is built upon the foundation of empowering individuals with the tools and resources they need to become expert car buyers," TrueCar founder and CEO Scott Painter said.

McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.

Audi A3 Cabriolet 1.2 TFSI hits UK

The Audi A3 1.2 TFSI Cabriolet arrives in the UK The Frankfurt Motor Show last year was – as is often the case these days – something of a ‘Green-fest’. We had BMW’s Vision Concept and the first outing for an Audi e-tron (is that really only six months ago?), but we also had the introduction of the smallest engine Audi have ever stuck in a car – the 1.2 TFSI. It may be the smallest engine, but it’s not the least powerful thanks to the turbo.