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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.

BMW M3 (2007): first official pictures

By Phil McNamara First Official Pictures 06 April 2007 10:51 BMW M3: the lowdown This is the first look at BMW’s new M3 production car. You’ve seen the concept, you’ve heard the new V8 engine howl on this website, but today (April 7) CAR Online brings you eight pictures of the flagship 3-series coupe. The big news with the fourth-generation M3 is the switch to a 4.0-litre V8 engine, which produces some 80bhp more than the outgoing 3.2-litre six.

Ssangyong Motor unveils new Design Center at Pyeongtaek plant

Ssangyong has opened a new Design Center at its Pyeongtaek plant in South Korea. The new Design Center, which took 13 months to complete, has been opened to further integrate research and development into the company during the production process with the aim of "enabling synergies in diverse fields throughout the development process". Ssangyong designers will now be working in a facility spanning around 8,700 square meters compared to their previous building of just over 6,000 square meters in Anseong.