Precision 6266 Gen2 Turbo on 2040-parts.com

Mitsubishi will offer plug-in hybrid in 2013

Mitsubishi will launch a plug-in hybrid SUV in 2013, the head of the company's electric vehicle business unit said. The SUV will be similar to the Px-MiEV concept car shown at the 2009 Tokyo auto show, said Yoshikazu Nakamura, senior executive officer of Mitsubishi Motors Corp.'s global electric vehicle business. The plug-in hybrid is in its final stages of development, he said.

Commentary: Auto China 2008

China is a country that's been trading its bicycles for a more modern mode of transport: the car. And while modernization as a whole can be viewed as a good thing, the alarming rate of growth can also be a severe drawback. Our recent trip to Beijing for Auto China 2008 is case in point.

McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren

The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.