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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren
Wed, 02 Apr 2014The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.
Ferrari FF technology focused on performance, less weight
Fri, 21 Jan 2011At 660 hp, the Ferrari FF matches the horsepower output of the 2002 Enzo, becoming the most powerful production Ferrari ever. The company built just 349 units of the Enzo from 2002 to 2004, while Ferrari plans to build about 1,000 FFs a year. Other technical innovations introduced by Ferrari on the FF: -- The company's patented four-wheel-drive system, called 4RM.
Porsche engineer Rolf Frech named engineering chief at Bentley
Wed, 28 Sep 2011The Porsche-ization of luxury-car maker Bentley moved another step forward on Wednesday as Rolf Frech was named as its engineering chief. Frech, who has been Porsche's director of the complete vehicle engineering group for the past decade, replaces Ulrich Eichhorn, who is set to become head of the VDA, the German auto-industry association. Eichhorn, 50, joined Bentley as engineering chief in 2003 from Volkswagen, where he had been in charge of research and development.