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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.

EV charging points 'to top 100,000 by 2020'

THERE will be more than 10 times the number of electric car charging points as petrol stations by 2020 – and that’s just one of the planned networks. According to POD Point CEO Erik Fairbairn, the conditions are beginning to emerge to allow electric and plug-in hybrid cars to flourish, leading to an explosion in charge point installations in the coming years that could top 100,000 just in POD Point’s own infrastructure. There are currently fewer than 9,000 petrol stations on British roads.

Porsche Panamera reveals technology firsts

Porsche Panamera - Lots of technology firsts [ad#ad-1] We thought the release last week of the UK Car pricing for the new Porsche Panamera was pretty much the end of the drip, drip of info on the Panamera, at least until Porsche gets round to launching the Diesel and V6 models. But we were wrong! Porsche has today revealed information on a number of technology firsts on the Panamera.