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McLaren P1 track version confirmed for 2015

By Tim Pollard Motor Industry 05 June 2014 12:08 Wrapped up in yesterday's announcement about McLaren Automotive breaking into profit for the first time was the news that a new, hardcore McLaren P1 track version will be launched next year. It seems incredible to think that anyone would want an even faster, more focused McLaren P1. But Woking has consulted the 375 owners and found out that their appetite for speed apparently knows no bounds.

Lexus RC Coupe revealed at Tokyo Motor Show

The Lexus RC coupe debuted on Wednesday at the Tokyo motor show. The RC coupe will available with two different powertrain options; the RC 350 will use a 3.5-liter V6 producing 314 hp, coupled with an eight-speed automatic gearbox including paddle shifters. The RC 300h will be fitted with a 2.5-liter inline four producing 176-bhp combined with an electric motor.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.