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The Latest Breaking News from Michael Leiters

Porsche: 'We Were Wrong' About Axing An Important Gas Model

As of January 1, Oliver Blume is no longer Porsche’s CEO. The 57-year-old executive oversaw the Zuffenhausen brand for a decade before stepping aside to make way for former McLaren CEO Michael Leiters. Blume, who remains Volkswagen Group CEO, candidly admitted in an interview with Frankfurter Allgemeine Zeitung that discontinuing…

Motor1

Porsche Finally Has A New CEO. He's Big On Hybrids

Porsche’s new head honcho spearheaded the development of the first Cayenne hybrid and helped Ferrari launch its first hybrid supercars.

InsideEVs

Porsche Has a New CEO

After months of internal pressure and mounting dissatisfaction from investors, Porsche has announced that it will replace CEO Oliver Blume. The company confirmed today, via an official statement from the Supervisory Board, that negotiations have begun for an early and mutually agreed termination of Blume's mandate as head of Porsche…

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Ferrari to Manual Gearbox Fans: Just Buy Used

Ferrari had its reasons for abandoning manual gearboxes after the 2012 California. Only two or three convertibles were ever sold with a stick shift, but the low take rate wasn’t the only factor behind the gated shifter’s demise. Back in 2016, former tech boss Michael Leiters explained there’s no manual…

Motor1

After Just Three Years, McLaren Has Another New CEO

McLaren has a new CEO. The company announced Tuesday that Nick Collins will replace former CEO Michael Leiters, effective immediately. Leiters, who previously worked as an executive at Ferrari and Porsche, has held the position since 2022.

Motor1

McLaren Has a New Owner (Again)

Mumtalaket, the sovereign wealth fund of Bahrain, purchased the McLaren Group earlier this year. That gave the company full ownership of the struggling British supercar maker and its racing subsidiary. But as of today, McLaren's automotive arm already has another owner.

Motor1

The Average Selling Price of a New McLaren Is Too Low

McLaren wants its $312,000 average selling price to increase—even if it means selling fewer cars.

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McLaren Working On PHEV SUV That Isn’t An SUV: CEO

Making money in the supercar market inevitably leads to an SUV. Just don’t call it that, though.

InsideEVs

McLaren Says The 750S Is The Beginning Of The End For Pure V8 Supercars

There might be limited-run V8-only models but the 750S is quite possibly the last of the breed among series production cars.

Motor1

What Mystery Supercar Will McLaren Show Next Month?

The debut will be at the Velocity Invitational from November 10 through 12 at Sonoma Raceway in California.

Motor1

McLaren Boss: "Real Supercars" With Electric Power Won’t Arrive Until 2030

Low weight remains one of McLaren's top priorities.

Motor1

McLaren Claims An Electric Hypercar Doesn't Need 2,000 HP, It Must Be Lightweight

The P1 successor won't have crazy power when it arrives later this decade.

Motor1

McLaren Wants To Make Money Before It Launches SUV

The brand has more important goals than joining the SUV craze.

Motor1

McLaren Artura Deliveries Pushed Back By Four Months To Improve Quality

Production is delayed to implement extra quality control procedures.

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McLaren Hires Bentley's Design Boss As Its New Chief Design Officer

This marks the return of Tobias Suhlmann, who left McLaren for Bentley in 2021.

Motor1

McLaren Artura Already Recalled Due To Risk Of Fuel Leak Causing Fire

There are 164 potentially affected supercars.

Motor1

McLaren CEO Admits Past Models Were Sold As 'Non-Mature Products'

The Artura had the same teething problems, which is why the new boss stopped deliveries.

InsideEVs

First McLaren EV Might Be Porsche Taycan-Rivaling Sedan

The British sports car manufacturer is not yet ready to commit to making a full-blown electric supercar.

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McLaren Electric Sedan Being Planned, Hypercar Not Happening: Report

A possible four-door McLaren is allegedly in the pipeline, taking the fight to the Porsche Taycan.

InsideEVs

Fully Electric McLaren SUV Reportedly In Development

McLaren is reportedly working on its first electric vehicle, which will seemingly be an SUV.

Motor1

McLaren SUV Is In Development, And It's All-Electric: Report

McLaren CEO Michael Leiters has considerable super SUV experience with Porsche and Ferrari.

Motor1

McLaren's New CEO Loves SUVs, Says The Segment Is "Really Important"

Michael Leiters took over the reins in July and recently told Autocar that a McLaren SUV was at least being discussed.

Motor1

Former Ferrari CTO Named As New McLaren Automotive CEO

Michael Leiters begins his new role on July 1.

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