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McLaren profits could quadruple on strength of P1

McLaren has had success on the track for the last 50 years, but its recent move into also building road cars full time is paying big dividends. The British automaker says that it expects revenue to double this year and pre-tax profit on deliveries to be four-times higher, thanks in no small part to selling out of its million-dollar P1. "It's the main year in which we deliver McLaren P1s. You can expect quite a strong impact on our turnover and profits," said McLaren Chief Financial Officer Paul Buddin to Bloomberg. The business announced in November 2013 that it had sold the entire 375-car production run of the P1 sooner than it had originally planned. Since launching the MP4-12C, McLaren has made it no secret that it wants to keep its product fresh by launching a new model each year. It initially followed the 12C coupe with the 12C Spider and P1, and this year, it has the 650S, while the 12C is reportedly being phased out. Next year's introduction is expected to be the Porsche-fighting P13. P14 and P15 models, plus a more powerful 650S, are rumored to be even farther down the track. In just a few years of building production cars, McLaren has shown that it can already construct a vehicle with world-class performance. Its next step is growing the company's sales further. It hopes to move around 4,500 units annually in the next two or three years. With over a hundred grand prix wins in its history, the team is showing it's got a good shot at translating racing victory into financial success. Featured Gallery 2015 McLaren P1: First Drive View 39 Photos News Source: BloombergImage Credit: Copyright 2014 Matt Davis / AOL Earnings/Financials McLaren Performance mclaren p1 mclaren 650s mclaren p13

Autoblog's Editors' Picks: Our complete list of the best new vehicles

It's not easy to earn an “EditorsÂ’ Picks” at Autoblog as part of the rating and review process that every new vehicle goes through. Our editors have been at it a long time, which means weÂ’ve driven and reviewed virtually every new car you can go buy on the dealer lot. There are disagreements, of course, and all vehicles have their strengths and weaknesses, but this list features what we think are the best new vehicles chosen by Autoblog editors. We started this formal review process back in 2018, so there's quite of few of them now. So what does it mean to be an EditorsÂ’ Pick? In short, it means itÂ’s a car that we can highly recommend purchasing. There may be one, multiple, or even zero vehicles in any given segment that we give the green light to. What really matters is that itÂ’s a vehicle that weÂ’d tell a friend or family member to go buy if theyÂ’re considering it, because itÂ’s a very good car. The best way to use this list is is with the navigation links below. Click on a segment, and you'll quickly arrive at the top rated pickup truck or SUV, for example. Use the back button to return to these links and search in another segment, like sedans. If youÂ’ve been keeping up with our monthly series of the latest vehicles to earn EditorsÂ’ Pick status, youÂ’re likely going to be familiar with this list already. If not, welcome to the complete list that weÂ’ll be keeping updated as vehicles enter (and others perhaps exit) the good graces of our editorial team. We rate a new car — giving it a numerical score out of 10 — every time thereÂ’s a significant refresh or if it happens to be an all-new model. Any given vehicle may be impressive on a first drive, but we wait until itÂ’s in the hands of our editors to put it through the same type of testing as every other vehicle that rolls through our test fleet before giving it the EditorsÂ’ Pick badge. This ensures consistency and allows more voices to be heard on each individual model. And just so you donÂ’t think weÂ’ve skipped trims or variants of a model, we hand out the EditorsÂ’ Pick based on the overarching model to keep things consistent. So, when you read that the 3 Series is an EditorsÂ’ Pick, yes, that includes the 330i to the M3 and all the variants in between. If thereÂ’s a particular version of that car we vehemently disagree with, we make sure to call that out.

McLaren gunning for Ferrari 458 Speciale with hardcore 12C

Since the launch of the MP4-12C back in 2011, McLaren has rolled out endless variations on the theme. The original coupe was followed by the 12C Spider, the GT3 racing version, the Can-Am hardcore track toy (pictured above), the GT Sprint mild track version and more special editions than we could count. But Woking isn't done yet. Not by a long shot. The latest word coming in from the UK has it that McLaren is preparing an even more focused version of the 12C to take on the Ferrari 458 Speciale. That should mean some trimming of the fat and upgrading of equipment to raise that all-important power-to-weight ratio. According to Autocar, the House that Bruce Built plans to boost the 3.8-liter twin-turbo V8 from its current 616 horsepower to around 650 – which shouldn't be too difficult since the same engine has already been optimized to produce 727 hp in the McLaren P1, even before the hybrid boost is taken into account. Standard carbon-ceramic brakes are expected to help keep the extra power in check, while some aerodynamic enhancements are said to be in the mix as well. The hardcore 12C is also tipped to get a new front-end treatment reminiscent of the P1 that's then slated to make the transition to other versions of the 12C to give the derivatively-styled supercar more personality and family resemblance. Featured Gallery McLaren MP4-12C Can-Am Edition View 10 Photos News Source: Autocar McLaren Coupe Performance mclaren mp4-12c mclaren 12c