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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The 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.

Land Rover reveals rejigged Discovery at the 2013 Frankfurt Motor Show

Land Rover has revealed a surprisingly comprehensive facelift for the Discovery range here at the 2013 Frankfurt Motor Show – and the firm has underlined the changes with some new badging for the Discovery range. Instead of having ‘LAND ROVER’ on the bonnet, the new Discovery has, well, ‘DISCOVERY’ lettering. That’s because Land Rover wants to make Discovery into its own brand, a bit like Range Rover: here at Frankfurt 2013, we’re seeing the first steps in this rebranding.

Ferrari launches 12-year Power Warranty

Have you managed to save enough pennies for a new Ferrari 458 Italia, only to find yourself reluctant to take the plunge? Perhaps you’re fearing the ongoing cost of running such a thoroughbred supercar, you know, should things go wrong. But worry no more, because Ferrari has launched a new ‘Power Warranty’.