You are here
Home > Business > Super car Maker McLaren denies Apple

Super car Maker McLaren denies Apple

Super car Maker McLaren

Super car Maker McLaren

McLaren has denied it is in acquisition talks with Apple after claims the iPhone maker was preparing a billion-pound bid for the British super car manufacturer. McLaren makes luxury super cars and has an advanced technology unit that develops cutting-edge electronics. Earlier media reports said that the iPhone maker was considering buying McLaren for about 1 billion pounds.

Super car Maker McLaren
Super car Maker McLaren

British Super car Maker McLaren

British super car maker McLaren said today it was not in talks with Apple about a possible acquisition by the US tech giant, denying a report in the Financial Times. “We can confirm that McLaren is not in discussion with Apple in respect of any potential investment,” a spokesman for the company said in a statement to AFP. “Owning McLaren would be Apple waving a big flag over its intention to enter the car industry,” said Jasper Lawler, a market analyst with CMC Markets in London. “As a high-end technology company, Apple appears to want to be at the high, cutting-edge end of the car industry too.”

Super car Manufacturer McLaren

McLaren has an interest in materials like carbon fiber and aluminium, which overlaps Apple’s current materials of choice for its technology products. McLaren currently sells luxury super cars. The California technology group, which has been working on a self-driving electric vehicle for more than two years, is considering a full takeover of McLaren or a strategic investment, according to three people briefed on the negotiations who said talks started several months ago.

Engine Power

The base Super car Maker Mclaren’s is the MP4-12C features a carbon fibre composite chassis, and is powered by a mid-mounted McLaren M838T 3.8-litre V8, twin-turbo engine developing approximately 592 hp and around 443 lb·ft of torque. Power is transmitted to the wheels through a seven-speed seamless shift dual-clutch gearbox. It features a powerful engine and is somewhat track oriented, but not to the degree that it compromises everyday usability and comfort.

Leave a Reply

Top