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VW CEO Winterkorn happy with rebounding Seat, Skoda

Martin Winterkorn is a happy man: Volkswagen is putting up big numbers in North America, its latest field of dreams, Audi, is breaking records every month, there are exciting cars in the pipeline - from Bugatti down to the XL1, Porsche's digestion continues, and now Skoda and especially Seat are turning in no-questions performance.
It seems Skoda has been on the ups for years, making the most of keen pricing and modern redesigns of the chassis and tech it gets handed down from big brothers VW and Audi. Winterkorn predicts the Czech brand will just about double its 2010 sales by 2018, going from 762,000 to 1.5 million.
Seat, on the other hand, wasn't just on the hotseat a year-and-a-half ago, phrases like "uncertain future" - code for "possible demise" - were rumbling in the background. A new CEO was brought in, new money and new models were thrown against the wall, and the efforts have stuck. The Spanish brand has hit three strong chords with Winterkorn, with increased sales, strong performance in China and anticipated models due. If this keeps up there won't be much left for him to do but, a la Alexander the Great, break down and cry with no worlds left to conquer.

McLaren Sports Series promises at least seven variants

Just how many different supercars can McLaren offer? The answer may yet surprise us even more than we anticipated. The British racing outfit is building a growing range of models around the same basic architecture that has already bred five different variants across two families: the Super Series (with the 625C, 650S and new 675LT) and the Ultimate Series (P1 and P1 GTR). That's already impressive as it is, but the addition of the upcoming new Sports Series promises to expand Woking's model line even further. Much further. According to the latest from Car and Driver, which sat down with McLaren's affable chief executive Mike Flewitt at the Geneva Motor Show last week, the new Sports Series will come in enough flavors to put an ice cream parlor to shame. We've known for some time that the company's upcoming entry-level range would come in at least three body styles, if not four. There'll be a coupe, a convertible and an unconventional GT version. But there will also be a number of engine specs available. The base model will wear the letter C, like the pared-down Asian market 625C. The next step up will be distinguished by the letter S, like the 650S. Both will be offered right from launch. But a third version could follow to serve as a baby brother to the new 675LT. Even if the latter is only offered in one body style, that means the Sports Series will come in seven different versions – giving potential buyers a similar array of choices they'd find if they went for a Porsche 911 or Audi R8. Pricing is similarly expected to target the upper end of the 911 range, landing somewhere between the 911 Turbo and 911 Turbo S, which sell for $152k and $184k, respectively, in the US. Even at the upper end of that range, that's still substantially less than the $265k starting price for the 650S. To make up the difference, the Sports Series will do without active aero and suspension, but will still employ a similar carbon monocoque chassis and 3.8-liter twin-turbo V8 engine mated to a seven-speed dual-clutch transmission – albeit de-tuned from upwards of 600 horsepower to somewhere in the 500-horse range. We'll have to sit tight and wait for more details, but the wait won't be long now as the McLaren Sports Series is set to debut at the New York Auto Show next month. News Source: Car and DriverImage Credit: McLaren New York Auto Show McLaren Convertible Coupe Supercars mclaren sports series

McLaren Automotive posts first yearly profit

The automotive division of McLaren has just returned its first yearly profit, netting 4.5 million pounds ($7.5 million at today's rates) in pre-tax profit and 12.4 million pounds ($20.7 million) in operating profits on revenue of 285.4 million pounds ($478.1 million). McLaren is only expecting things to get better, too, with the announcement of the sub-650S P13 set to increase sales to 4,000 units per year. As for the brand's latest model, the 650S, there are already over 1,000 orders for the new coupe and convertible. The British brand will also offer a limited run of track-based P1 hypercars, although they'll only be available to the 375 fabulously wealthy customers who ordered the road-going version of the high-performance hybrid. Part of making money is reinvesting, which is why McLaren saw its research spending jump by 2.5 million pounds ($4.1 million) in 2013, to 70.6 million pounds ($118.2 million). Take a look below for the official press release from McLaren. McLAREN AUTOMOTIVE ON TARGET FOR LONG-TERM SUCCESS Jun 4, 2014 Key information: Profit before tax - GBP4.5m Operating profit - GBP12.4m Turnover - GBP285.4m (up from GBP266.6m) Investment in future models - GBP70.6m (up from GBP68.1m) Turnover and profit both expected to grow in 2014 McLaren Automotive's next model, codenamed P13, to go on sale during 2015 Limited run of track only McLaren P1™ hypercar confirmed for introduction in 2015 McLaren 650S international sales already strong – more than 1000 orders received McLaren Automotive made both an operating and pre-tax profit for the first time in 2013, during only its third year of car production. This is a significant achievement for an independent British car company operating in such a highly competitive global market. McLaren Automotive's improved profitability proves the company's longer term business model, which is able to invest continuously in R&D in order to develop and sell the world's most exciting and technologically advanced high performance cars. McLaren Automotive has also confirmed that its next all-new sportscar, codenamed P13, will be available before the end of 2015 and will take its range into a lower price-point - making McLaren more accessible, while retaining its commitment to excellence, performance and innovation. P13 will be a comfortable, usable, and beautiful mid-engined two seater sportscar, built around a carbon fibre chassis.