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McLaren Automotive Company created as an independent

The McLaren P11 will be the first of McLaren Automotive's new cars in 2011 The whole road car business at McLaren is to be made an independent company – McLaren Automotive – and is aiming to produce 1,000 cars a year by 2011 and 4,000 a year by 2015. McLaren plans that the cars they produce will be more exclusive, and more expensive, than the competition from Italy. The ball will start rolling with the McLaren P11, a car aimed squarely at the F430/Gallardo market.

Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).

New Toyota Prius to match Honda Insight on price

New Toyota Prius to match Honda Insight on price. [ad#ad-1] The next generation Toyota Prius is upon us, and it looks like Toyota are taking the threat from the Honda Insight very seriously indeed. When the Honda Insight was announced, and it was clear that Honda was intent on pitching the Insight below the Toyota Prius price, reports from Japan said that Toyota were going to continue to make the outgoing Prius, but pitch it beneath the price of the Honda.