McLaren Puts £500m Behind Its First SUV
The company will build its own engines and transmissions and expects 1,000 jobs by 2032 as it expands its product lineup.
11 Articles
11 Articles
McLaren will make a suv. A sentence that until a few years ago would be sounded incompatible with a brand built around light, low and fast supercars. And instead it will be just a performance sport utility one of the protagonists of the next phase of growth of the British house, which has officialized the entry into new segments of the market together [...] The article McLaren breaks the taboo: comes the first suv. And starts a plan of 500 milli…
McLaren Is Spending £500 Million to Add an SUV and Chase Ferrari’s Economics
McLaren is putting £500 million behind its first performance SUV, a second British assembly plant and in-house engine and transmission development. The plan is larger than a new-model launch: its Abu Dhabi owner is funding an attempt to turn a roughly 2,000-car-a-year supercar maker into a broader luxury manufacturer with margins closer to Ferrari’s. The…
McLaren Automotive expands UK operations with £500m investment
McLaren Automotive has announced a £500m (US$673m) investment program to expand its UK manufacturing, engineering and operations, enabling it to accelerate the development of its next generation of models. Nick Collins, chief executive officer of McLaren Group and McLaren Automotive, said, “This investment gives us the platform to grow, develop and build on what makes [...]
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