McLaren sells historic cars to raise cash for Artura upgrades

Mclaren artura — The McLaren Artura plug-in hybrid supercar.

B

By:

Bloomberg

December 02, 2022 01:55 PM

McLaren has recently sold some of its prized heritage car collection to Bahrain’s sovereign wealth fund Mumtalakat Holding to raise capital to upgrade its Artura supercar.

Featured Stories

Here’s how the tariff changes will impact parts, vehicles and more

Automotive News breaks down how the April 29 tariff adjustments will affect the auto industry, what information remains unclear, and what’s next for tariffs on cars and parts.

Here’s how the tariff changes will impact parts, vehicles and more

Toyota and Waymo tie-up could reshape the self-driving tech landscape

Toyota and Waymo tie-up could reshape the self-driving tech landscape

Stellantis says 80% of parts in U.S-made vehicles comply with USMCA

Stellantis says 80% of parts in U.S-made vehicles comply with USMCA

Amid tariffs and EV uncertainty, suppliers signal cautious optimism about green tech

Amid tariffs and EV uncertainty, suppliers signal cautious optimism about green tech

Latest News

Daily 5 report for April 30: The uselessness of guidance and forecasts in 2025; what’s next for GM, Stellantis, others

Live updates on tariffs: Automakers revise earnings guidance amid uncertainty

Rivian stockpiled EV batteries from Asia ahead of Trump tariffs

Trump says he’ll meet with PM Carney at the White House ‘within the next week’

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Dacia Sandero edges Peugeot 208 for March sales title in Europe

VW could launch extended-range EVs in Europe, executives say

Daily 5 report for April 23: China’s inescapable influence on the auto industry live from Shanghai

U.S. will aim for U.K. to cut its automotive tariff to 2.5% from 10%, report says

Staying current is easy with newsletters delivered straight to your inbox.