McLaren made non-matured cars before, claims CEO

British supercar marquee McLaren's CEO Michael Leiters had said that the automaker's previous products launched before the Artura were non-matured ones. In an interaction with Evo, he said that the brand has learnt from its past mistakes and using that knowledge as a remedy to future problems. He also believes that such decisions to introduce non-matured products have left the company in a risky financial position.

By: HT Auto Desk
| Updated on: 10 Dec 2022, 08:47 AM
Follow us on:
Follow us on:
McLaren 765LT Spider at McLaren India showroom.
McLaren 765LT Spider at McLaren India showroom.
McLaren 765LT Spider at McLaren India showroom.
McLaren 765LT Spider at McLaren India showroom.

Also Read : How to pay off car loans smartly: Five smart tips

Interestingly, McLaren had to stop deliveries of the Artura because of some teething problems. Talking about the past cars, Leiters has said that in the past, the company accepted a non-mature product and would launch it and deliver it to the customers. However, Artura was the first product where McLaren didn't do that, claimed the automaker's CEO. "What I heard from my team here is that in the past, we accepted a non-mature product and would launch it and deliver it to the customers. The Artura was the first project where we didn't do that. We saw that the car wasn't mature, so we stopped deliveries. We already had a significant delay in our production line at the time, and we reduced production to zero cars a day to fix our quality problems," he said.

The McLaren CEO's confession comes just a few days after the automaker reportedly sold its collection of historic cars or at least a part of that in a bid to fund the financial requirements for the Artura project. The automaker has reportedly sold the cars to Bahrain's sovereign wealth fund Mumtalakat Holding, which currently owns nearly 60 per cent stake in the auto company. The Bahrain firm reportedly purchased the cars for an amount of $121.7 million.

Similar Products

Find more Cars
Mclaren Gt (HT Auto photo)
Mclaren Gt
3994 cc | Petrol | Automatic (Dual Clutch)
₹3.72 Cr***Ex-showroom price
Mclaren 720s (HT Auto photo)
Mclaren 720s
3994 cc | Petrol | Automatic (Dual Clutch)
₹4.65 - 5.04 Cr***Ex-showroom price
Ferrari Purosanguesuv (HT Auto photo)
UPCOMING
Ferrari Purosanguesuv
 
₹3 - 3.35 Crore* *Expected Price
Lamborghini Urus (HT Auto photo)
Lamborghini Urus
3996 cc | Petrol | Automatic (Dual Clutch)
₹3.1 Cr***Ex-showroom price
Lamborghini Urus Facelift (HT Auto photo)
UPCOMING
Lamborghini Urus Facelift
3996 cc | Petrol Manual
₹3.15 - 3.43 Cr* *Expected Price
Lamborghini Huracan Evo (HT Auto photo)
Lamborghini Huracan Evo
5204 cc | Petrol | Automatic (Dual Clutch)
₹3.22 - 3.73 Cr***Ex-showroom price

Meanwhile, the UK-based automaker is currently planning to introduce a front-engined petrol model and even an SUV as well. Also, an electric sedan to rival the Porsche Taycan and Audi E-Tron GT is under consideration.

First Published Date: 10 Dec 2022, 08:47 AM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing
Rs. 269 Rs. 604
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
20% OFF
Involve Your Senses One Musk Organic Car Perfume Bar, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g Car Accessories interior car perfumes and fresheners
Rs. 320 Rs. 399
65% OFF
ELV Car Mount Adjustable Car Phone Holder Universal Long Arm, Windshield for Smartphones - Black
Rs. 349 Rs. 999
14% OFF
Jopasu Car Duster
Rs. 749 Rs. 869
9% OFF
ShineXPro Microfiber Car Cleaning Cloth - OG Soft 500 GSM Extra Large (35x75 cm) Microfiber Cloth for Car and Bike - Suede Edging for Scratchless Drying and Detailing (Pack of 2)
Rs. 499 Rs. 549
7% OFF
Pidilite WD-40, Multipurpose Car care Spray, 420ml Rust Remover, Lubricant, Stain Remover, Powerful Chimney Cleaner, Degreaser, and Bike Chain Cleaner & Chain Lube (341g)
Rs. 347 Rs. 375
68% OFF
ORJILO Super Soft Microfiber Car Duster Exterior with Extendable Handle, Car Brush Duster for Car Cleaning Dusting - Grey
Rs. 319 Rs. 999
28% OFF
Pidilite WD 40, 170 G Multipurpose Spray for Auto Maintenance, Rust Remover, Lubricant, Loosens Stuck & Rust Parts, Removes Stain & Sticky Residue, Descaling, All purpose Protectant & Cleaning Agent
Rs. 166 Rs. 230
65% OFF
Portronics AUTO 12 in-Car Bluetooth Receiver for Handsfree Calling, Music System, Supports All Smartphones (Black)
Rs. 529 Rs. 1,499

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city