McLaren Looks to Asia and Hybrid Cars to Stay on Track

McLaren Looks to Asia and Hybrid Cars to Stay on Track
The 2016 McLaren 570S at the New York National Auto Show. Larry Dye/Epoch Times
Reuters
Updated:

DETROIT—British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Dec. 2.

“We need to put more cars into Asia,” McLaren CEO Mike Flewitt said in a meeting with reporters in Detroit. Sales of McLaren’s carbon fiber and aluminum sports cars, which start at about $200,000 in the United States, have fallen in the United Kingdom, its largest market. Flewitt said that reflects uncertainty over Brexit.