McLaren launches a six year investment programme
Just over six years after the company was formed, McLaren Automotive has announced details of its Track22 Business Plan, taking it through the next six years through to 2022.McLaren will continue to focus purely on the development of two-seater sports and supercars.
At the heart of the Business Plan is a commitment to its industry leading 20-25 percent of turnover invested in Research and Development for future products and technology, over the six-year Business Plan period. This represents an investment of £1,000,000,000 billion and will lead to the launch of 15 all-new cars or rehashed.
The launch of the new 570GT at the Geneva Motor Show represented the culmination of new model introductions for 2016. McLaren also confirmed the addition of a Spider rehashed within its Sports Series family in 2017.
McLaren Automotive also confirmed that at least 50 percent of its cars will feature hybrid technology by the end of the Business Plan period.
Mike Flewitt, Chief Executive Officer of McLaren Automotive commented: "Our next hybrid vehicle will launch towards the latter part of our six year plan, and we will see at least 50 percent featuring hybrid technology by 2022. Hybridisation has obvious CO2 and fuel consumption advantages but for us, it is all about delivering the performance and enjoyment of a McLaren."
