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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.
Honda P-NUT concept (w/ Video)
Thu, 03 Dec 2009Honda revealed the three seat P-NUT concept at the 2009 LA Auto Show. Designed at the company's Advanced Design Studios in Southern California, the P-NUT is the Japanese automaker's vision for the future of personal mobility. For more details and to read our opinion of the futuristic design study see our 2009 LA Auto Show Highlights.
Who's Where: Gorden Wagener to head Mercedes Advanced Design NA
Mon, 20 Feb 2006German designer Gorden Wagener, 37, has been appointed President of Mercedes-Benz Advanced Design of North America. Beginning his new position on January 1. 2006, Wagener now focuses on products specifically for North America, including production and show cars as well as advanced projects.