British manufacturer McLaren has revealed that its revenue accelerated 36.4 per cent to £697.6m in the six months to the end of June this year, driven largely by a surge in sales of its top-of-the-range 211mph supercar. The £750,000 Senna, which is named after three-time Formula One champion Ayrton Senna, launched in March 2018 and over the second half of last year McLaren sold just 10 of them. However, sales rocketed to 217 in the first half of 2019, fuelling a £176.7m increase in the revenue of McLaren's automotive division. Supercar surge: Sales of the £750,000 McLaren Senna have helped McLaren revenue in the first half of the year increase by more than a third Sales across McLaren's entire range increased seven per cent to 2,335 cars. The biggest boost came from the US market, which grew by around a third to comprise almost half of all the orders. As the sales were weighted towards McLaren's more expensive 'Ultimate' range, which includes the … [Read more...] about McLaren revenue accelerates 36% in first half of 2019
Q. I am about to purchase a Certified Used 2016 Toyota Corolla LE with 44,400 miles on it. The dealership is suggesting I purchase a Toyota Extra Care Platinum vehicle service contract and a Tire and Wheel Protection Platinum Plus Plan for a total cost of $2,324. I’m retired, and I only drive about 1,200 miles per year. I hope to keep this vehicle as long as possible. The loan I’m considering would be for six years. I would like your opinion as to whether these plans would be worth purchasing. A. The Toyota Corolla is a very dependable vehicle, and — considering the limited mileage you drive — I don’t see the extra coverage as necessary. Regarding the loan: If you financed $12,000 at 3.5 percent interest for six years, you would pay $13,321 for the car. If you shorten the loan to three years, you would pay $12,658. Only you can decide if lower payments are worth the extra overall cost. John Paul is AAA Northeast’s Car Doctor. He has over 40 … [Read more...] about Should I get the ‘extra care’ coverage on a used car?
More than two thirds (69 per cent) of people expect electric cars to be simply known as 'cars' by 2030, a new survey suggests. The poll also indicated that 33 per cent believe seeing their family and friends driving electric vehicles (EVs) changes the way people perceive the technology. Go Ultra Low, the Government-backed electric car awareness campaign, commissioned the survey of 2,000 adults. Electric cars currently hold a 1% share of the UK´s new car market, but that's expected to balloon in coming years Adventurer Ben Fogle, an ambassador for the initiative, said: 'It's really encouraging to see that people expect EVs to be the norm in just over a decade. 'Our research shows that as we become more aware of the benefits of owning an electric car, the choice of models available and the rapidly growing charging infrastructure, people are more likely to consider going green and buying an EV.' RELATED ARTICLES Previous 1 Next Government invests £70m to double the … [Read more...] about People expect electric cars ‘to be known as cars by 2030’
The high-occupancy vehicle lanes, or carpool lanes, north and south of Boston are not really what they’re cracked up to be. The HOV lanes, which are intended to give vehicles with at least two occupants a more efficient travel lane, are overwhelmingly used by cars with only a driver, Transportation Secretary Stephanie Pollack said Tuesday. ’’I was shocked to find out that there is a closed Twitter group for people who use your carpool lane where they tweet at each other and say, ‘there’s no cops, it’s OK for single cars to use it,’’’ Pollack told municipal officials at a Local Government Advisory Commission meeting. “And we think as much as 80 or 90 percent of the traffic is actually just individual people in cars and it’s not functioning as a carpool lane.’’ … [Read more...] about Single drivers are taking over Mass. carpool lanes
London major, Sadiq Khan, said the reduced 20mph zone will 'help protect more people walking and cycling' in central London Transport for London has confirmed that a proposal to lower speed limits to 20mph in central London has been given the green light. Speed limits within the Congestion Charge Zone and at Aldgate Gyratory from 2020 will mirror those already put in place by boroughs around the centre of the capital in a bid to reduce the number of traffic-related fatalities, TfL said. The changes mean that that tw- fifths (39 per cent) of London streets from next year will be 20mph. Existing speed cameras within the zone limits will be recalibrated to enforce the reduced limits, as will mobile cameras used in the area. Drivers face a minimum £100 fine and three penalty points if they're caught breaching the reduced restriction with all revenues generated going to the Government, not City Hall. RELATED ARTICLES Previous 1 Next Drivers' fury as Sadiq Khan … [Read more...] about Central London roads to have 20mph speed limits from 2020