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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren
Wed, 02 Apr 2014The 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.
Fiat 500 in New York
Sat, 06 Jun 2009The Fiat 500 on Wall Street - Image by AP Fiat has obviously taken a good look at what BMW has managed with the MINI and thought ‘We can do that’. After all, the Fiat 500 is a car very similar in concept to the MINI. Designed to evoke a motoring icon, but made very much 21st century in its execution, both the MINI and the Fiat 500 have gone down a storm in Europe.
New Infiniti teased. Infiniti M Coupe? Nope
Sat, 22 May 2010The Infiniti Teaser for two Pebble Beach reveals Infiniti – Nissan’s luxury lot who are struggling to get a foothold in the UK and Europe – like the Pebble Beach Concours d’Elegance. They launched the new Infiniti M there last year and the event opened with the Infiniti Essence Concept. Which is hardly a huge surprise as the US is Infiniti’s biggest market. It competes on even-ish terms with Lexus across the Pond, whereas it had managed to sell just 60 cars in the UK up until February.