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McLaren 12C Spider confirmed for July 3 reveal

McLaren Automotive officially announced on Friday that it will reveal the 12C Spider, an open-top version of the MP4-12C supercar, on July 3. There has been much speculation about an open-top version since the release of the original MP4-12C. In a video interview, McLaren Formula One driver Jenson Button extols the virtues of open-top driving.

Porsche Panamera

Porsche today revealed the first official photos of its new four-door grand touring sports car, roughly nine months before its scheduled market launch. Joining the 911, Boxster and Cayman sports cars as well as the sporty Cayenne SUV, the Panamera is Porsche's fourth model series. The designers of the Panamera sought to position their latest offering as a brand-new and truly different model while retaining the defining Porsche look.

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.