Search results
Results from the WOW.Com Content Network
Between 1994 and 2010, McLaren Cars was registered as a 'dormant company', before the founding of McLaren Automotive in 2010. McLaren Automotive replaced McLaren Cars in 2010. The new company was originally separate from the existing McLaren companies to enable investment in the new venture, but was brought together in July 2017 after Ron ...
McLaren Automotive (/ m ə ˈ k l ær ə n / mə-KLARR-ən; formerly known as McLaren Cars) is a British luxury automotive manufacturer based at the McLaren Technology Centre in Woking, England. The main products of the company are sports cars , which are produced in-house in designated production facilities.
Bahrain's sovereign wealth fund Mumtalakat has entered into an agreement to sell McLaren Automotive to Abu Dhabi's CYVN Holdings.
On 10 December 2024, it was reported that CYVN Holdings have acquired the automotive business of McLaren from Mumtalakat, a deal which will see the high-performance automobile company weathers through the financial woes and builds its first electric supercar. The deal will also see CYVN hold a non-controlling stake in McLaren's racing business. [8]
CARMEL, Calif. — McLaren CEO Michael Leiters believes that the British luxury supercar maker can succeed much like Ferrari has — but in a somewhat different way.
Chief executive Zak Brown warns there is "a lot of work still to do" as McLaren unveil their new car. McLaren: Zak Brown 'realistic' about 2024 as team launch new MCL38 car Skip to main content
Ojjeh was the CEO of TAG, which owned 14.32% of the McLaren Group, [3] whose assets include McLaren Automotive and the McLaren Formula One team since the 1970s and 2000s. He was at one time the owner of TAG Heuer and Farnborough Airport. He also owned 10% of the upmarket jewellers Asprey and Garrard. [4]
Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.