Daily Archives: May 18, 2014

Classic car collection discovered after 61 years up for Auction

Classic car collection discovered after 61 years up for Auction

A collection of classic US automobiles has been discovered after spending over six decades languishing in a salvage yard.

McLaren plans more models, more dealers, higher margins

McLaren Automotive turned a profit in 2013 – which was ahead of schedule – and plans to remain in the black while aggressively adding models and dealers over the next three years.

Beyond that the supercar maker’s “dream” is to achieve profit margins closer to those of rivals Ferrari or Porsche within five years, CEO Mike Flewitt told Automotive News Europe.