Automakers

McLaren cash crisis eases but more trouble looms

McLaren 765LT-MAIN_i.jpg
McLaren said about 50% of its order book for 2020 is for high-series cars, including the 765LT (shown).
July 09, 2020 11:17 AM

LONDON -- McLaren Group says falling sales of its vehicles means that it will need to raise further funds, despite securing a life-saving 150 million pound ($190 million) loan in June.

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