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Inside MP4-12C's new McLaren Production Centre

McLaren today opened the doors to its new McLaren Production Centre which will build the MP4-12C and all future supercars from Ron Dennis's fledgling sports car brand. British prime minister David Cameron attended the event, hailing the economic benefits of manufacturing. He said the UK car industry was helping reshape the national economy from a service-based one enriching the minority to one which actually made things again - to the benefit of a wider slice of society.

Strong results for Maserati

By Chris Hope Motor Industry 27 July 2007 02:27 This week has thrown up some surprising financial results for struggling car manufacturers from all corners of the industry. Last February, at the release of the Quattroporte Automatica saloon, chief exec Roberto Ronchi promised an end to Maserati’s financial woes. Five months later, the Italian supercar maker sees black for the first time in its 17-year Fiat stewardship.

CAFE standards set to rise to 54.5 mpg for 2025

President Barack Obama on Friday revealed ambitious plans to raise the corporate average fuel economy standard for cars and light trucks to 54.5 mpg by the 2025 model year, a landmark move that will dramatically remake carmakers' product portfolios and consumers' buying habits. Unlike the first CAFE standards passed by Congress in 1975, the Detroit automakers now publicly support the high requirements and have begun retooling their fleets to adapt the changes. “[This] represents the single most important step we've ever taken as a nation to reduce our dependence on foreign oil,” Obama said in a morning press conference.