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McLaren P1 Track confirmed as McLaren Automotive goes in to profit

McLaren 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.

Peugeot Exalt concept (2014) first official pictures

By Ben Pulman First Official Pictures 10 April 2014 09:00 This is the Peugeot Exalt concept car – another confident sign from Peugeot it’s back to building handsome, desirable creations with some innovative tech to back up the fashion-show lines. Not quite: this is only a design study previewing future ideas. The Exalt is set to be shown at the Beijing motor show later in April 2014.

Changes coming to LA Auto Show

The toughest opponent for the Greater Los Angeles Auto Show has never been the weather, which is always perfect, nor the location, in car-crazed Southern California. It's been the calendar. After decades of being run on the exact same dates as the larger and more globally recognized Detroit auto show, LA finally stepped out of the shadow of the Motor City several years ago and grabbed its own spotlight -- in November.