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Concept Car of the Week: Matra Laser (1971)

Founded in 1937, French company Matra began its activities by manufacturing military equipment such as aeronautics and weaponry. In the mid ‘60s, under Jean-Luc Lagardere's ambitious direction, the company bought Automobiles Rene Bonnet to expand its portfolio with street and racing cars. The first model solely developed by Matra was the bonkers, but brilliant, 1967 M530, which took its name from the company's surface-to-air missile the R530.

GM moves Nesbitt back to design group in management shake-up

General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline. The goal is to reduce layers of management under Mark Reuss, GM's president for North America. Among the key changes: -- Designer Bryan Nesbitt, who was made chief of the Cadillac brand last fall, is going back to the design group.

McLaren plans three models, including £60k sports car

By Tim Pollard Motor Industry 28 October 2008 14:36 McLaren Automotive is readying a family of sports cars to sell alongside its hardcore P11 supercar – including a bargain-basement, £60,000 sports car.  We’re following developments at McLaren’s Woking HQ with interest and – weeks after we published world-exclusive pictures of the P11 styling buck (above) – today we can reveal that McLaren is readying three separate model ranges. McLaren Automotive, the car-building arm of the McLaren Group, is plotting a three-tier range of sports cars, CAR understands. Under the McLaren Development Plan, Ron Dennis and the other directors plan to expand the manufacturing base dramatically.