Flying cars that take off vertically will be in UK streets within ten years, says Hyundai’s UK chief Flying cars that take off vertically will be in UK streets within ten years UK streets should brace themselves for flying cars as a senior automotive chief claims they will be deployed within the next ten years. Michael Cole, the president and chief executive of South Korean car maker Hyundai’s UK and European operations, said the technology will cut congestion and emissions. Speaking at a conference organised by the [...]
Rolls-Royce newest convertible is picnic ready Rolls-Royce built a bespoke convertible for an unknown individual Rolls-Royce have released details of a new convertible which contains cocktail tables, fridges for champagne and a matching parasol – all custom made for a single, ultra-wealthy, individual. Named the ‘Boat Tail’, the rear of the car is shaped like a racing yacht. It was hand-built and took four years to make. Rolls-Royce have not [...]
McLaren sells minority stake in F1 team to MSP Sports Capital McLaren sells minority stake in F1 team to MSP Sports Capital McLaren has sold a 33 per cent stake in its F1 team to US-based MSP Sports Capital as part of attempts to raise extra cash amid the coronavirus pandemic. The sports investment group will pay £185m for its share of McLaren Racing, valuing the team at £560m. It comes just days after the supercar maker [...]
Square Mile gears up for luxury summer car show June 2, 2019 Thousands of City motorheads are gearing up for a luxury car show in the Square Mile later this week. FTSE bosses, top investors and even a mystery rockstar are on the guest list for this year’s London Concours event, where over a hundred iconic cars worth in excess of £70m will be on display. Read [...]
Aston Martin remains in short sellers’ sights despite Soros cash-out, as stock continues to fall December 16, 2018 Aston Martin's struggling stock continues to be targeted by short sellers, with London-based Adelphi Capital raising its bet against the carmaker to £15m last week. The manufacturer behind James Bond’s vehicle of choice would have wished to slip under the radar of hedge funds after its shares crashed from an initial £19 in October to £11.49 [...]
Will Aston Martin vanquish the doubters? September 21, 2018 The auto sector has had a tough time of it recently with concerns over the implementation of tariffs on their products, as well as the bad publicity around emissions cheating and investigations into other cartel like behaviour weighing on the sector in recent months. Putting aside those concerns there are certain brands that have [...]
Race to the top: Ferrari revs up hybrid and limited edition strategy in bid to double profits September 18, 2018 Ferrari plans to ramp up its production of hybrid and limited edition supercars in a move to double the firm’s earnings by 2022. As part of a revamp to raise its earnings to €2bn (£1.78bn) over the next four years, the Italian luxury car maker is widening its product range and embracing hybrid technology. The ambitious [...]
Tyred of the same old stuff: Ferrari supercar opens to the public as race for limited edition models heats up September 18, 2018 A new supercar dubbed as the closest thing to a Formula 1 racer that has ever been built for the public at large has been unveiled today. Less than 500 of the carbon-fiber vehicles will be put up for sale by Ferrari as part of a five-year strategy to ramp up sales of limited-edition supercars. [...]
Car review: New McLaren 675LT is fast, furious and everything you could hope for in a supercar August 4, 2015 Those 500 people who took a gamble on signing up for McLaren’s new £259,500 supercar before test-driving it can breathe a sigh of relief: the 675LT is sensational. Sensational to look at, sensational to drive and sensationally fast. But first, a quick lesson on the McLaren stable: there’s the core 650S range, offered as [...]
Showing off in your supercar will soon be a crime in Kensington & Chelsea July 26, 2015 Revving engines, super-fast acceleration and loud music pumping out of Ferraris and Lamborghinis as they cruise past will no longer be part of daily life in Kensington & Chelsea. Read more: UK trader arrested in Hong Kong for running over security guard in his Ferrari 458 Spider supercar Fed up with young male drivers [...]