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McLaren turns the corner, posts first profits
Wed, 04 Jun 2014By 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.
Subaru Outback (2009) first official pictures
Wed, 28 Oct 2009Subaru is launching the new 2009 Outback into the UK's competitive crossover segment. Back in 1996, the first European Outback was one of the pioneer crossover estates (along with the Volvo XC70 and Audi Allroad). Can the new 2009 Outback still please farmers and city folk alike?
Aston Martin to continue with V12 engine as well as new Mercedes AMG V8
Sat, 03 May 2014Aston’s Flagship cars, like the Vanquish (pictured) will still offer the V12 engine Aston Martin has certainly been looking to the future with renewed optimism over the last year as a series of deals gave them a lifeline to remain competitive in an increasingly corporate car world. Extra funding came in thanks to the involvement of Investindustrial’s new stake in Aston Martin, and a deal has been done with Mercedes AMG to supply new V8 engines and electronic architecture. Not only that, but Aston Martin are developing a new platform for their future range of cars, with the biggest investment in Aston Martin’s history.