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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.

Nissan lowers vehicle prices to boost Internet shopping

Jockeying for better position in Internet shopping sites, Nissan will cut the manufacturer's suggested retail prices on seven key models, effective Friday. The price cuts range from a $580 reduction on the brand's volume leader, the Altima, which was redesigned for 2013 and was the best-selling car in the nation in March, to $4,400 off of the Armada full-sized SUV. The price adjustments affect vehicles that represent two-thirds of the brand's U.S.

MOTORPOINT GETS A NEW TRAINER

MOTORPOINT has appointed Minty Singh as its new training manager. Minty joins the Derby-based car supermarket giant from British Gas, where until recently she was the Renewals Manager within its Business division, responsible for a team of 50 advisors. She started her career as a foreign language teacher at her former school in Loughborough.