Revenues generated by McLaren Automotive peaked at 928.3 million British pounds in 2018. This was an increase of 43 percent compared to the previous year. The British manufacturer of sports cars is a subsidiary of the McLaren Group, which also encompasses McLaren Racing and McLaren Applied Technologies. It was founded as McLaren Cars in 1985 and currently operates production facilities in the United Kingdom.
McLaren ramps up sales volume
The increase in revenues generated was mainly due to a growth in sales output by the company. In 2018, McLaren sold 4,829 cars, which included 259 wholesales of its new model, the McLaren Senna. The Senna had started production in June 2018 and came with a heavy price-tag of 750,000 British pounds.
Market outlook
The global sports car market was forecast to remain relatively stagnant. Latest projections by Statista see revenues fall to 22.9 billion U.S. dollars by 2023, in line with a steady steady decline in vehicle sales.
Annual turnover of McLaren Automotive from 2012 to 2018
(in million GBP)
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Turnover in million GBP
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Companies House. (May 24, 2019). Annual turnover of McLaren Automotive from 2012 to 2018 (in million GBP) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/699596/mclaren-automotive-revenue/
Companies House. "Annual turnover of McLaren Automotive from 2012 to 2018 (in million GBP)." Chart. May 24, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/699596/mclaren-automotive-revenue/
Companies House. (2019). Annual turnover of McLaren Automotive from 2012 to 2018 (in million GBP). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/699596/mclaren-automotive-revenue/
Companies House. "Annual Turnover of Mclaren Automotive from 2012 to 2018 (in Million Gbp)." Statista, Statista Inc., 24 May 2019, https://www.statista.com/statistics/699596/mclaren-automotive-revenue/
Companies House, Annual turnover of McLaren Automotive from 2012 to 2018 (in million GBP) Statista, https://www.statista.com/statistics/699596/mclaren-automotive-revenue/ (last visited July 22, 2024)
Annual turnover of McLaren Automotive from 2012 to 2018 (in million GBP) [Graph], Companies House, May 24, 2019. [Online]. Available: https://www.statista.com/statistics/699596/mclaren-automotive-revenue/