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CYVN Holdings
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McLaren’s £500m UK bet brings 1,000 jobs and its first SUV
McLaren Automotive will invest around £500 million in UK manufacturing, engineering and product development, creating at least 1,000 jobs by 2032 as new owner L’IMAD pushes the supercar maker into SUVs, in-house powertrains and a broader luxury portfolio.
McLaren commits £500m to UK expansion and first SUV in push for Ferrari-like margins
McLaren Automotive will invest £500 million in UK manufacturing and engineering, develop its first SUV and bring more drivetrain capability in-house as the loss-making supercar maker tries to expand volumes without sacrificing luxury positioning.