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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.

Spyker & Youngman D8 SUV & Phoenix Joint Venture

Spyker and China’s Youngman are launching joint ventures to build the Spyker D8 SUV and develop the Saab Phoenix platform. Did you really think Victor Muller would come out of Saab with nothing? Especially after he told is in April he was looking for investors to push the Spyker D8 SSUV in to production? Muller’s Spyker and China’s Youngman – putative seller and buyer of Saab – are teaming up with a pair of joint ventures that will see Spyker’s long awaited Super SUV – the once D12 SUV and now D8 – coming to market, and Saab’s Phoenix Platform exploited.

Hyundai iX35 (2010) and Santa Fe (2010) 4x4s scooped

By Richard Webber First Official Pictures 16 July 2009 15:50 We’ve scooped a brace of spy shots showing the next generation of Hyundai 4x4s – a facelifted Santa Fe and the iX35, the all-new successor to the Tucson. Both will use Hyundai’s high performance ‘R’ turbodiesel engines and the choice of a manual or new automatic six-speed ‘box. It’s largely derived from the iX-onic concept shown at Geneva in March 2009, including the snake-eye side glass profile (which has been obscured at the rear on this mule) and at least some of the muscle on the wings.