(Thumbnail image: McLaren Automotive)

Move over Ferrari -- British motorsport manufacturer McLaren revealed the first in a series of commercial sportscars.  McLaren says its line of sportscars will compete with the likes of Aston Martin and Lamborghini. 

We're taking a look at the economic impact with perspectives from The Wall Street Journal, CNBC and Zath.

This isn't the first time McLaren has branched out from motorsports into commercial autos.  McLaren released its F1 model sports car in the early 90s in the midst of a recession, and only built about 100.

In an article from The Wall Street Journal, an automotive specialist says the market is ready for another run.

“It certainly would seem that there is demand for very high-end vehicles."


On CNBC, a McLaren rep says high demand for sports cars and luxury spending is back-- some car enthusiasts will shell out the $200,000 price tag.

 

“Initially in the U.S. market in the first year we want to deliver just about 300 cars.  But we think for that level of demand for a car that does offer significant performance improvements with respect to its competitors, and it’s a car you can drive every day because of its drivability, there is going to be plenty of demand for that type of car.  We’ve already had well over 500 very strong intentions to purchase from the U.S. market.”

On the U.K. blog Zath, an automotive analyst says McLaren's new model shows a revival in the U.K. auto industry.
 

"British motor car manufacturing has not exactly been fruitful in recent years. Although McLaren cars may not be ten a penny, what they have produced in the past has done our nation proud with the quality and performance they offer, whatever the price."

We leave you with this video from BBC News, detailing some of the McLaren sportscar's features.

Writer: Courtney Cebula

Producer: Newsy Staff

British Sports Car to Compete With Ferrari

by Christina Hartman
0
Transcript
Mar 19, 2010

British Sports Car to Compete With Ferrari

(Thumbnail image: McLaren Automotive)

Move over Ferrari -- British motorsport manufacturer McLaren revealed the first in a series of commercial sportscars.  McLaren says its line of sportscars will compete with the likes of Aston Martin and Lamborghini. 

We're taking a look at the economic impact with perspectives from The Wall Street Journal, CNBC and Zath.

This isn't the first time McLaren has branched out from motorsports into commercial autos.  McLaren released its F1 model sports car in the early 90s in the midst of a recession, and only built about 100.

In an article from The Wall Street Journal, an automotive specialist says the market is ready for another run.

“It certainly would seem that there is demand for very high-end vehicles."


On CNBC, a McLaren rep says high demand for sports cars and luxury spending is back-- some car enthusiasts will shell out the $200,000 price tag.

 

“Initially in the U.S. market in the first year we want to deliver just about 300 cars.  But we think for that level of demand for a car that does offer significant performance improvements with respect to its competitors, and it’s a car you can drive every day because of its drivability, there is going to be plenty of demand for that type of car.  We’ve already had well over 500 very strong intentions to purchase from the U.S. market.”

On the U.K. blog Zath, an automotive analyst says McLaren's new model shows a revival in the U.K. auto industry.
 

"British motor car manufacturing has not exactly been fruitful in recent years. Although McLaren cars may not be ten a penny, what they have produced in the past has done our nation proud with the quality and performance they offer, whatever the price."

We leave you with this video from BBC News, detailing some of the McLaren sportscar's features.

Writer: Courtney Cebula

Producer: Newsy Staff

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