McLaren Monaco exhibits at the Monaco Yacht Show

McLaren Monaco exhibits at the Monaco Yacht Show

McLaren Monaco exhibits at the Monaco Yacht Show

  • McLaren’s second year at the Car Deck luxury car exhibition at the Monaco Yacht Show
  • The recently launched McLaren 720S second-generation Super Series and the new 570S Spider – the first Sports Series convertible – will both be on display
  • McLaren Automotive is represented in Monaco by Monaco Luxury Group

McLaren Monaco will this week premiere the two newest McLaren models at the 27th edition of the Monaco Yacht Show, which runs from September 27 – 30. Returning for a second year after a successful first experience exhibiting at the Car Deck exhibition space for luxury cars, McLaren Monaco will be displaying the McLaren 720S and the McLaren 570S Spider on Quai Antoine 1er in Port Hercules.

The new McLaren 720S is the second-generation McLaren Super Series, the supercar at the heart of the McLaren brand. Shown at the Monaco Yacht Show in Glacier White body colour with a Cassis interior, the 720S exemplifies the hand-crafted luxury and advanced technology inherent in a McLaren, demonstrated by features such as the revolutionary+ new McLaren Driver Interface that comprises a Folding Driver Display and Central Infotainment Screen.

McLaren Monaco exhibits at the Monaco Yacht Show

The McLaren 570S Spider makes its Monaco debut on the Car Deck. The most attainable McLaren Spider to date in the McLaren Sports Series. The new 570S Spider displayed in Monaco features Onyx Black exterior paint with details in Dark Palladium and a By McLaren Designer Sport Design interior in Almond White and Carbon Black, with the addition of the Luxury Pack.

The 570S Spider, which has a retractable hardtop, combines the exceptional dynamism and refinement of the 570S Coupé with the extra exhilaration of open-air driving. There are no performance compromises versus the Coupé, the Spider maintaining the same electrifying pace, dynamic excellence and impressive refinement.

The McLaren 720S and McLaren 570S Spider making their debut in Monaco at the 27th Edition of the Monaco Yacht Show, are the first two of the 15 new McLaren models or derivatives that will be introduced by the end of 2022 under the McLaren Track22 Business plan.

courtesy: media.mclarenautomotive.com

McLaren Automotive chooses Chantilly Arts & Elegance to showcase its two most recent new model introductions

McLaren Automotive chooses Chantilly Arts & Elegance to showcase its two most recent new model introductions

McLaren Automotive chooses Chantilly Arts & Elegance to showcase its two most recent new model introductions

McLaren Automotive will again participate in the ‘Chantilly Arts & Elegance Richard Mille’, having been at every edition of the glamorous gathering that this year celebrates its fourth anniversary. Sunday September 10, 2017 will see yet another stunning display of automotive excellence at Domaine Chantilly, including two new models recently introduced by McLaren, the McLaren 720S and the five-star awarded McLaren 570S Spider, the first convertible in the McLaren Sports Series. McLaren is particularly excited to be a part of the event this year as it provides an opportunity to celebrate McLaren’s new partnership with Richard Mille, the title sponsor.

An ambition of Chantilly is to bring back the elegance of the 1920s when vehicle manufacturers and fashion houses often joined forces to showcase the future of the motor car and couture. This year McLaren Automotive is paired with Columbian born designer, Haider Ackermann and will take part in the Concept-Cars parade with a McLaren 720S finished in Memphis Red. Known for his minimalist approach, Ackermann is an interesting pairing for McLaren, both brands being regarded for their unique aesthetic.

The 720S in Memphis Red in Performance Specification comes with a black, harissa red and carmine interior trim with visible carbon fibre a satin diamond cut wheel finish to complement the 10-spoke super light-weight forged wheels. The brands have chosen a stunning monochrome trouser suit with a twisted off the shoulder detail from the Haider Ackermann Fall Winter 2017 collection, a collection which was awarded enormous praise from the fashion industry.

McLaren Automotive chooses Chantilly Arts & Elegance to showcase its two most recent new model introductions

McLaren Automotive will be looking to repeat their success from last year when they won the best match between couturier and car with their collaboration with avant-garde designer Jean-Paul Gaultier. McLaren showed a stunning MSO 570GT in Pacific Blue which was complemented by an exquisite design from Gaultier’s Spring Summer 2016 collection.

In addition to the 720S, McLaren will also be showing its newest car in the Sports Series, the 570S Spider. Launched in the UK earlier in the summer, the convertible has already received five-star reviews. The model on display at this year’s Chantilly Arts & Elegance, is a Luxury Edition in Vega Blue, an exclusive launch colour for the Spider. The specification includes a beautiful dark palladium roof, tan nappa leather interior and silver calipers to match the 10-spoke diamond cut wheels.

McLaren Automotive confirmed its partnership with watch specialist, Richard Mille, earlier this year. The Chantilly Arts & Elegance is an opportunity for both brands to celebrate the partnership and they will jointly be hosting a series of customer events during the weekend.

courtesy: media.mclarenautomotive.com

McLaren Automotive takes a new approach to open-top cars

McLaren Automotive takes a new approach to open-top cars

McLaren Automotive takes a new approach to open-top cars

McLaren Automotive has teamed up with The Step2 Company, LLC, a large North American toy manufacturer, to create a unique model tailored to appeal to a small but very important audience.

The revolutionary 570S Step2 Push Sports Car was designed with family in mind, providing practical support for modern living by allowing parents to carry out their daily tasks or simply enjoy a leisurely stroll in the park without needing a conventional stroller. With a handy storage area under the seat that is perfect for stowing snacks and multiple cup holders to house that vital morning coffee and bottles of water, this stylish car lets toddlers rest their weary legs when the excitement of running around has worn off.

With its enthusiastic spirit to develop and create ground-breaking toys, Step2 shares many values with McLaren Automotive: just as McLaren is recognised as pioneering carbon fibre technology – used in all its cars since 1981 – Ohio-based Step2 is recognised as pioneering the ‘push car’ and its expertise and knowledge of the needs of children and parents alike was vital to the project.

The design brief for the 570S Push Sports Car was to create something fun that would captivate the intended audience, displaying engineering and design prowess. Designers from McLaren Automotive and Step2 worked closely together to replicate the essence of the real McLaren 570S; Step2’s Whisper Wheels™ give the car a smooth ride, the flat-based steering wheel offers excellent feedback and electronic sounds provide an exhilarating experience for mini-racers.

The new McLaren 570S Push Sports Car, which is officially licensed by Step2, launches initially in Ventura Orange. It will be available exclusively through Amazon.com US in September before rolling out later this year through leading global retailers and Step2.com. The RRP is $79.99.

courtesy: media.mclarenautomotive.com

McLaren Automotive accelerates to fourth consecutive year of profitability from record sales in 2016; confirms business plan on track with launch of new Super Series and Sports Series models

McLaren Automotive accelerates to fourth consecutive year of profitability from record sales in 2016

McLaren Automotive accelerates to fourth consecutive year of profitability from record sales in 2016

British sportscar and supercar manufacturer, McLaren Automotive, today announces yet another record-breaking year in respect of vehicle sales and financial performance.

Profit before tax of £9.2M from an annual sales revenue of £649.8M in 2016 gave McLaren Automotive a fourth consecutive year of profitability in only six years, since start of sales in 2011. This was an increase in profit before tax of 70% compared to the £5.4M reported in 2015.

Operating profit of £65.8M in 2016 was the company’s highest ever, standing at 10% of turnover and representing a 180% increase over 2015. The strong financial performance in 2016 was underpinned by record sales, with a total of 3,286 cars purchased; this was a 99% increase over 2015 and exceeded the company’s own expectations by almost 10%, with all geographic regions achieving sales growth.

“The positive financial performance in 2016 was underpinned by a 44% increase in sales revenues and is further proof that McLaren Automotive’s growth plans are both achievable and sustainable,” said McLaren Automotive Chief Executive Officer, Mike Flewitt. ”Investment in R&D and future product during the period of £129.1M – 20% of turnover – reaffirms our commitment to the Track22 Business Plan that will produce 15 new models or derivatives by the end of 2022 and the focus going forwards will be on successfully delivering these new products and managing continued profitable growth.”

In its first full year of production, the Sports Series family accounted for 2,031 deliveries, the majority of which came from the recently-introduced McLaren 570GT and 570S models. The Super Series also continued its success story thanks, in large part, to the McLaren 675LT Coupé and Spider models. Having both sold out in a matter of weeks, the limited production, even more driver-focused and higher-performance derivatives of the Super Series started production in mid-2015 but continued through 2016. In total, 1,255 Super Series cars were sold in 2016.

In March 2017 the second-generation McLaren Super Series, the new McLaren 720S, was launched. The new car generated immediate customer interest and some 1,500 orders have been taken to date. A new convertible Sports Series model, the 570S Spider, was announced on 14th June 2017 and makes its world debut this week in the UK at the Goodwood Festival of Speed.

“The McLaren Automotive business continues to perform strongly, with 2016 returning a fourth consecutive year of positive financial results,” said McLaren Automotive Chief Financial Officer, Paul Buddin. ”Profit before tax was up by 70% to £9.2M, from our highest-ever operating profit of £65.8M, an increase of 180% over 2015. These results were driven by vehicle sales totalling 3,286 in 2016 – 99% up year-on-year and another record – and significant growth in revenues from McLaren Special Operations (MSO) and McLaren Automotive Aftersales operations.”

Sales increases in all regions

Geographically, in 2016 North America continued to be McLaren Automotive’s single largest market with deliveries of 1,139 cars, a 106% increase over 2015. Europe ended 2016 selling 996 cars in total, an increase of 153%, whilst the rapidly-developing market in China sold 228 cars in total. The Asia Pacific region grew by 90% while the newly combined Middle East, Africa and Central and South America region grew by a notable 69%. In addition, the global footprint of the McLaren retailer network continued apace in 2016, with new dealer facilities opened in Bristol (UK), Boston and Palm Beach (USA), Gold Coast (Australia) and Fukuoka in Japan.

In parallel with the vehicle sales success, McLaren Automotive also saw substantial growth in non-car-related activities. McLaren Special Operations (MSO), the company’s bespoke division, posted an increase in revenue of 147%, while the Aftersales function recorded turnover growth of 37% for the year.

”2016 was an extraordinary year for McLaren Automotive, with a near-doubling of sales and the completion of our 10,000th car,” commented McLaren Automotive Executive Director – Global Sales and Marketing, Jolyon Nash. “While we will never again see another jump in sales volume of this magnitude, the reception to the new 720S and the new 570S Spider has been incredibly positive and initial orders for both are beyond our expectations. Having the new, second-generation Super Series and the first-ever Sports Series convertible in showrooms will give every one of the 80 McLaren retailers worldwide the opportunity to contribute strongly to another record year for the McLaren Automotive business in 2017.”

On-going investment in Research & Development and new products

During 2016, McLaren Automotive invested £129.1M in new projects, across the Sports Series, Super Series and Ultimate Series product families. The Track22 Business Plan sees McLaren investing an industry-leading percentage of turnover (20% in 2016) in R&D activities over the period of the plan. This will take the company towards its objective of producing more than 4,500 vehicles annually by the end of 2022, with at least 50% of these cars featuring hybrid powertrain technology. The Business Plan also includes the development of a fully-electric powertrain for a concept car to evaluate its possible use in a future Ultimate Series. In 2016, the early prototype stages of the development work commenced.

McLaren Automotive is also investing in senior management infrastructure to support its product development plans. Dr Jens Ludmann was announced in May 2017 as the company’s new Chief Operating Officer. Reporting to the CEO, Dr Ludmann will oversee the launch of 13 new models or derivatives during the next five years and focus on further developing internal working processes, relationships and disciplines across Product Development, Purchasing, Supplier Quality Assurance and Manufacturing.

A year of transition for the McLaren Production Centre

The McLaren Production Centre (MPC), the sole location for the hand-assembly of McLaren Automotive sportscars and supercars, underwent signficant operational changes during 2016 calendar year. A second shift was implemented in January to meet demand for Sports Series models, leading to the creation of 250 new jobs within the manufacturing, quality and logistics departments. This strategic development took capacity at the MPC from 10 cars a day to 20, supporting annual production in the region of 5,000 units.

McLaren Composites Technology Centre to bring chassis production in-house

McLaren Automotive announced in February 2017 that it will construct a new Composites Technology Centre (MCTC) that will be responsible for the development and manufacture of the Monocell and Monocage carbon fibre chassis used in future McLaren models. Located in Sheffield, UK, the MCTC project is a partnership between McLaren Automotive, the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) and Sheffield City Council. Combined investment of approaching £50M will create the facility and more than 200 jobs. When commissioned and running at full production from 2020, the MCTC is targeted to deliver cost savings of around £10M annually compared to today and the chassis supply will increase average percentage (by value) of a McLaren car sourced in the UK by around 8%, from its current average of around 50% (depending on model).

courtesy: cars.mclaren.press