McLaren targets profits before EVS

CEO predicts "difficult year" as firm sets out plan to restructure and improve quality

- MARK TISSHAW

McLaren will look to extend its range beyond its core mid-engined supercar models, but not before 2028.

Speaking to Autocar at Goodwood, McLaren CEO Michael Leiters said the firm's immediate priorities were to complete a reorganisation and recapitalisation of the company "to bring the company on the right road to profitability" when asked how plans for a long-rumoured crossover model were progressing.

"If we are on the right road for profitability, we will think about extension across all segments," he added. "We call it 'shared performance'. Shared performance could be everything that has more than two doors and/or more than two seats.