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McLaren P1 Track confirmed as McLaren Automotive goes in to profit
Wed, 04 Jun 2014McLaren are building a track version of the P1 (pictured) for P1 customers only It’s only three years since McLaren Automotive entered the hugely competitive market for high-end supercars (well, it’s four years, but only three since the first 12C went to a customer), but it’s already in profit. McLaren made an operating profit in 2013 of £12.4 million (and a pre-tax of £4.4 million) on sales of £284.4 million and did so – as predicted – by hitting their sales targets – McLaren sold 1359 12Cs and 36 of the McLaren P1 hypercar. And that looks to be just the start.
McLaren P1 GTR OFFICIALLY previewed – debuts at Pebble Beach Concours d’Elegance
Fri, 25 Jul 2014The McLaren P1 GTR (pictured) will debut at Pebble Beach 2014 We learnt last month that McLaren had decided to produce a P1 for the track – a la the Ferrari FXX programme – and in the process revive the GTR moniker from the iconic McLaren F1 GTR to create the new McLaren P1 GTR. Now McLaren are previewing the debut of the P1 GTR at next month’s Pebble Beach Concours d’Elegance with a design sketch of the P1 GTR ahead of its real life reveal in California. Following in the giant steps of the F1 GTR – and those of the road-going P1 – will be no easy task, but what’s on offer certainly offers lots of promise.
NADA asks U.S. to suspend clunkers program
Thu, 20 Aug 2009National Automobile Dealers Association officials asked the government to suspend the cash-for-clunkers program because a survey by the group found that the $3 billion fund has been exhausted, NADA Chairman John McEleney said. "We asked them to put a halt to the program--I think we said 'very soon'--but a suspension at midnight tonight would make sense," McEleney said in an interview Wednesday. "Our survey opened the eyes of the Transportation Department." A suspension would allow dealers to submit all pending claims and permit the government to process them so that a precise determination could be made of how much money, if any, is left in the program, he said.