Woking: On target for long-term success, McLaren Automotive confirm new models

McLaren Automotive made both an operating and pre-tax profit for the first time in 2013, during only its third year of car production – a significant achievement for an independent British car company operating in such a highly-competitive global market.

The company’s improved profitability proves its 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. It will be available in more than one derivative and once fully on sale, McLaren Automotive’s total annual production will increase to around 4,000 units per year.

At the other end of its range, McLaren Automotive has also confirmed that it will produce a limited run of track-only editions of its award-winning McLaren P1 hypercar.  Available only to clients who have ordered one of the 375 road legal versions, the car will be the company’s most powerful yet.  It will also be its rarest.

Commenting on the results, Ron Dennis, chief executive and chairman of the McLaren Group and chairman of McLaren Automotive, said: “Since launch, McLaren Automotive has outperformed predictions and rivals, setting new benchmarks in the sportscar market with a range of models that push boundaries through innovation and technology, while remaining true to the core values of the brand. The latest financial results, and returning a profit so early in the life of the company, are a real credit to the tremendous team within McLaren Automotive, and reflect their hard efforts.”