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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.
Toyota recalls 2.5 million vehicles for fire risk
Wed, 10 Oct 2012Toyota is recalling 2.5 million vehicles in the U.S. over a power window switch that could catch fire. The company says the switch may have a “notchy” or “sticky” feel.
TVR Griffith gathering set for June 24-26 at Mid-Ohio
Wed, 15 Jun 2011If our story last month on the TVR Griffith whet your appetite for these rare Brits, set your nav system for the Mid-Ohio Sports Car Course in Lexington, Ohio, and be there June 24-26. The Griffith Motorcar Club International will be hosting Richard “Dick” Monnich, the first TVR importer in the United States and the catalyst for the Ford 289-powered TVR Griffith, as part of the fifth-annual Gathering of Griffiths & TVRs. Event organizer and former Griffith factory test driver Mike Mooney claims all three Griffith body styles will be present, along with a British-produced TVR 500.