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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.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.

17 definitive concept cars feature in new Atlanta exhibition

Atlanta's High Museum of Art is gearing up for the opening of a new exhibition featuring some of the world's most influential concept cars. Dream Cars: Innovative Design, Visionary Ideas runs from 21 May to 7 September and includes 17 concept cars – and associated drawings and models – from the 1930s to the 21st Century. The aim of the exhibition is to demonstrate how these vehicles shifted the notion of The Car from that of a purely functional device to an embodiment of future possibilities.