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  • Apple is buying the supercar maker McLaren?
    21 Sep 2016

    Apple has been linked with a shock deal which might cost the company around £1.5bn, but it could possibly buy on this money something really worth it the McLaren Technology Group, the Formula One team owner and supercar maker. Apple is most likely about to make this huge investment in the company.   On a question if McLaren is in talks with Apple about a possible purchase, the car brand has denied these rumors, saying a business will always be involved in some confidential conversations with many other companies, but these talks need to be kept confidential, and not disclo...

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  • People are spending less on autos?
    14 Sep 2016

    Strong U.S. consumer spending might lose a pillar of support. Auto sales have been a bright spot for overall U.S. retail sales of late, mostly holding up in good months and bad. Even in July, when retail sales missed expectations, sales at autos and parts dealers rose.  But disappointing auto-industry figures unveiled earlier this month are a concern. And it is the auto dealers that might go from positive catalyst to deterrent in Thursday’s retail-sales report, one of the final major economic data points the Federal Reserve will consider before its highly anticipated policy mee...

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  • US GM sales slow down, but start rising in China
    14 Sep 2016

    It's absolutely clear to everyone now that the U.S. auto sales begin to ebb, that is the main reason why the American auto giant General Motors is eyeing growth in China as an even more crucial component of its business. GM auto sales in China through the first eight months of the year jumped 8.1% to 2.38 million, compared with a 4.2% drop to 1.96 million in the U.S.. That included 293,537 autos sold in August, a monthly record and up 18% from the year-ago period.  The president of GM China has admitted that this growth was expected by the company, and this year has really been r...

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  •  U.S. auto sales slowed down this month because of U.K. leaving E.U.
    06 Jul 2016

    U.S. auto sales this year have reached 17.5 million vehicles from 17.8 million, which means the demand is slowing down from individual buyers. The U.K.'s decision to leave Europe Union has left a big fingerprint on U.S' sales and it is already being felt because of the low demand on autos.  Considering the deliveries last month were at a seasonally adjusted annual rate of 16.6 million, the analysts consider it is an impact of Brexit's decision. The softness in used cars must be also remembered, because people started to buy more used cars than in previous years. The ...

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  • McLaren announced the opening of 4 new showrooms in USA
    24 Jan 2016

    McLaren Automotive has opened four dealerships in the U.S. The new locations bring the company's North American presence up to 22 showrooms, and its global dealer network up to 80. See the new location:McLaren Bergen County          995 Route 17 South          Ramsey, NJ 07446          Temporary location during construction:          670 Route 17 North          Paramus, NJ 07652          Phone: 201.576.1600McLaren Boston    &nb...

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