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Executives

How McLaren aims to match Ferrari, Lamborghini on profitability

McLaren CEO Michael Leiters in car Arc 2024_0.jpg
“Our product plan right now is much less focused on volume than it was in the past to get higher average pricing; more revenue with less volume,” McLaren CEO Michael Leiters said, adding that on average the automaker sells it cars for 240,000 pounds (about $304,500). (MCLAREN)
NG
By:
Nick Gibbs
AN
By:
Automotive News Europe
|
August 12, 2024 04:00 AM

McLaren Automotive is looking for a partner that will supply technology, platforms — and hopefully cash — to help it develop a new SUV or similar “shared performance” model, CEO Michael Leiters told Automotive News Europe on the sidelines of the Goodwood Festival of Speed in southern England in July.

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