“We’re both fairly strong minded individuals so we did have the odd debate about things. https://www.luxury-insider.com/features/2015/interview-mike-flewitt Acceleration is phenomenal, as you'd expect, but it's the braking that has got the aficionados excited. As we were speaking, Boris Johnson was about to announce at his public address that bars and restaurants had to close at 10pm and office workers should work from home. Having furloughed staff, McLaren Automotive has since cut around 670 jobs – about 25% of the company. Mike Flewitt is the Chief Executive Officer of McLaren Automotive. The plug-in model will now launch in the first quarter of next year. There’s a lot to do to rebuild the business over the next year or two first – we need to come out of this and get back to the kind of figures we had at the end of 2019 and then building on successfully from that. “In a way, then, you're moving away from motoring into just transportation. “When the market comes back, we will have a better, leaner structure than before with a better, leaner cost base,” he said. Last year was strong for McLaren, with an 11% increase in revenues to £1.2 billion revenues delivering around £130 million profit, he said. The skills, experience and enthusiasm of the people within the McLaren Group is the engine that drives our development. “Initially it affected us with parts supply because our suppliers weren’t able to operate. Then, if the market comes back, great. Das britische Pionierunternehmen für Luxus- und Supersportwagen McLaren Automotive und die britische Premium-Sportbekleidungsmarke Castore haben eine Kooperation geschlossen, um ihre erste Kollektion mit Sportfunktionskleidung für Herren zu präsentieren. "You only need one manufacturing location for 5,000 cars a year," Mike Flewitt, chief executive officer of McLaren told CNBC's "Street Signs." “But they mustn’t do it so they break the automotive industry doing it. But is very hard to know.”. McLaren Mike Flewitt has told Automotive News the next Ultimate Series model will be a follow-up to the P1 hypercar and it's due to hit the market by 2025. Der brandneue Supersportwagen, der in der ersten Jahreshälfte 2021 auf den Markt kommen soll, wird für McLaren eine neue Ära der Elektrifizierung einleiten, nachdem die Produktion der Sports Series abgeschlossen ist. As a result of the COVID-19 pandemic, McLaren’s 2020 sales will drop to around 2,700 vehicles globally, CEO Mike Flewitt forecasts, a significant decline from last year’s sales of 4,662.Flewitt, 58, anticipates that sales will rebound to around 3,500 in … See Artura in AR. "We have to do what we’re good at, and keep doing it. Under his leadership, McLaren Automotive has introduced three car divisions (The Sport Series, The Super Series, and the Ultimate Series), as well as nine new cars. If not, we’re still solvent.”. Join us as Hagerty CEO McKeel Hagerty speaks with Mike about his passion […] Despite the crisis, McLaren had pushed ahead with the launch of its new supercar, the 765LT, which sells at a basic price of £280,000 going up to around £400,000 for a carbon fibre body. It has a very low share price and market cap but is actually generating significant free cash. So we’ll stick with what we’re good at. The … Hailing from an enviable racing heritage that dates back to the 1960s, it would almost be an understatement to say that McLaren is an iconic sports car marque. But it has pressed on with the launch of a new model over the summer and has a clear roadmap –forgive the pun - to recover and maybe even float on the stock market in 2022. Mike Flewitt is Chief Executive Officer at Mclaren Automotive Ltd. See Mike Flewitt's compensation, career history, education, & memberships. After a struggle with shareholders, Dennis retired in 2017. “I think we have a bit of journey to get back to 2019 levels. Getting from A to B. But being conservative with the cost structure protects us. “Then it knocked our customers’ confidence. McLaren trimmed weight in the 765LT by using a thinner ... "I think the reason 765LT has not been affected is that everybody already understands what an LT is," CEO Mike Flewitt … “We need to get back to 2019 levels but then we could consider it. “There are still enough ultra high net worth individuals and so it could spring back very quickly indeed. “Our shareholders are investors because they love the business but also because it’s a good financial investment. Flawless finishes. “Let confidence return in the world and then maybe a good way of realising value is to consider a public offering of some sort.”. Says Flewitt: “It was great that we could launch this beautiful car at a time like this. “But I don’t get the market cap. Being in charge of any company is challenging, but few CEOs are as connected to their customers as McLaren’s CEO, Mike Flewitt. He seems a more jeans and tees kind of guy. It will go forward,” he said. We will be ever searching for safer, cleaner cars and there’s a belief that one day autonomous cars will present the ultimate answer to that journey. Flewitt spent most of his career in the mainstream car sector, rising from his start on the shopfloor at Ford to end up running its entire European manufacturing operation, making 9000 cars a day. PS. “Elon Musk? They have adapted their strategy as the crisis evolved.”, He added that while mistakes had been made by most countries, there was little point criticising. I think I could see us going public at some time in our future. They’ve stimulated interest, made it relatively accessible from a price perspective, but I do think other companies are going to come along with very competitive EVs.”. Mike Flewitt with the new McLaren 765LT. Since becoming CEO, he has presided over the significant growth of the business, in terms of product development, turnover and profit. We have coffee with McLaren CEO Mike Flewitt, discussing the new 765LT, a "horrible" year and McLaren’s plugged-in hybrid future. I can’t see how that works. McLaren CEO Mike Flewitt has spent decades working with cars. It did, however, push back the launch of a new hybrid supercar by six months. The Evening Standard caught up with chief executive Mike Flewitt last night at a thrilling Silverstone test drive for the new 765LT (starting price: £280,000) for a wide-ranging chat about the industry, McLaren and his plans for the future. Zusätzlich: 17 Feb. 2021 | Identifikation: 12943, Zusätzlich: 17 Feb. 2021 | Identifikation: 12944, Zusätzlich: 17 Feb. 2021 | Identifikation: 12941, Zusätzlich: 23 Nov. 2020 | Identifikation: 12767, Zusätzlich: 17 Feb. 2021 | Identifikation: 12946, Zusätzlich: 17 Feb. 2021 | Identifikation: 12933, Zusätzlich: 17 Feb. 2021 | Identifikation: 12932, McLAREN ENTHüLLT DIE NäCHSTE GENERATION DES HOCHLEISTUNGS-HYBRID-SUPERSPORTWAGENS - DEN McLAREN ARTURA, BRANDNEUER ARTURA ALS McLARENS HOCHLEISTUNGS-HYBRID-SUPERSPORTWAGEN DER NäCHSTEN GENERATION BESTäTIGT, EINE WIEDERGEBORENE IKONE: DER NEUE LEGO® TECHNIC™ McLAREN SENNA GTR WIRD ENTHüLLT, McLAREN AUTOMOTIVE UND CASTORE SPORTSWEAR STELLEN EXKLUSIVE NEUE DESIGNGEFüHRTE, LEICHTGEWICHTIGE UND TECHNOLOGISCHE SONDERKOLLEKTION VOR, New McLaren Artura Global Reveal | Credit: Getty Images, McLaren Artura High-Performance Hybrid all-new V6 Engine, McLaren Artura High-Performance Hybrid Graphic, Daniel Ricciardo | New McLaren Artura Global Reveal | Credit: Getty Images, © Copyright McLaren Automotive Limited. "No, because we don’t want to, but also No, because this is where all our expertise lies; all the engineers, all the technology we developed, all the processes, are about making supercars. From running a large chunk of the "volume" carmaker, he left to join the niche player McLaren in 2012, so he has seen both ends of the market. So McLaren boss Mike Flewitt was sitting in rainy England rather than Switzerland when CarAdvice caught up with him, but there weren’t any shortage of topics for discussion. All those on furlough were either rehired or let go from 1 August, he said, with everyone across the company taking pay cuts. McLaren CEO Mike Flewitt has a clear idea for the performance brand's future, and the strategy doesn't include crossovers in stark contrast to … As a result of the COVID-19 pandemic, McLaren's 2020 sales will drop to around 2,700 vehicles globally, CEO Mike Flewitt forecasts, a … 205 MPH Top speed. Having begun his career more than 35 years ago in a Ford assembly plant, his array of directorships and management positions span some of the industry’s most well-respected names, including Volvo and Rolls-Royce. It had good funding, if not an ideal product, says Flewitt, and a name that was known around … They have to take the industry and customers with them. A question that McLaren CEO Mike Flewitt often hears is – will McLaren be building SUVs or fully electric vehicles? Flewitt is not so sure if his life would have been any better: “I don’t know if would have been easier. “The buying public aren’t buying EVs as much as the excitement and chatter around it because frankly, they don’t offer, yet, from a cost perspective or useability or range or charging a competitive solution with a conventional car.”, He said that would come in time but politicians needed to lead, with subsidies and taxes to promote them. The market’s pretty saturated. His favourite EVs are the Porsche Taycan sports car or the i3 commuter car from BMW. That has knocked confidence,” Flewitt said. Der neue LEGO® Technic™ McLaren Senna GTR ist wie sein ikonenhaftes Pendant aus dem wirklichen Leben durch und durch extrem, bietet Sportwagenliebhabern und Motorsportfans den ultimativen Nervenkitzel bei ihrer nächsten baulichen Herausforderung. 330. km/h. In another life, Mike Flewitt, boss of McLaren Automotive, helped to dismantle a large part of Britain’s car manufacturing industry.. "We don’t know what the end of Covid is. Career []. 671 lbhp Power. This will have knocked us back a couple of years”. 531 lb-ft Torque. McLaren owners don't want an SUV or an EV, says CEO. Is 2021 going to be a good year or will we still be struggling through Spring?”. Mike Flewitt joined McLaren Automotive as Chief Operating Officer in June 2012 and became Chief Executive Officer in July 2013. “Our clients have often made their money in business and this is a difficult, uncertain, time for them. Production of around 300 models for 2020 had sold out and orders for 2021 had already exceeded its production capacity. Enhance our market position. All of that is there but we’re in a stressed position in the world. Flewitt cautioned, however, that while electric vehicles (EVs) get a majority of airtime in the talk around car shows, they only represent around 2-3% of sales. Da der neue McLaren Elva kurz vor der Produktion steht, können Kunden und Fans der Marke im Oktober und November dieses Jahres an mehreren Standorten in Europa und dem Nahen Osten eines der exklusivsten McLaren Autos aus nächster Nähe betrachten. If the market comes back more strongly, wonderful. We’re competitors with Ferrari and Lamborghini today and I want us to be head and shoulders the best in the world. Since becoming CEO, he has presided over the significant growth of the business, in terms of product development, turnover and profit. — Mike Flewitt, McLaren CEO So why McLaren? “Hybrid comes first – next year – I think it will be late in this decade before we do an EV supercar.”, “Frankly, it is something we are always thinking about, where a development’s going.”, Pointing at a 765LT in the pit lane, he adds: “But you know, I love cars like this. “The answer is no, we’re not,” Flewitt … City bankers have argued that raising finance to get through the financial crisis has been easier for plcs with a wider base of shareholders and access to capital markets. Asia, source of around 30% of its business, had picked up since the pandemic, but Europe and particularly the key US market – 35% of McLaren’s business - has been tough. The real world is that we do need greener energy solutions and hybrid is a part of that journey.”, He added that EV was also only a partial solution because of the pollution effects of producing the batteries needed. There’s a lot of value in our business so it was always going to be able to raise the money whether through a debt route or an equity route. Is it useful to spend a lot of time debating if we could have done better?”. “It was really hard, but we took the view that we had to get costs to a manageable position so we are operating at breakeven. “No!" “If I’m optimistic it’s 2022, worst case 2023 perhaps. Tim Murnane Group Legal Director, McLaren Group Read more. Advanced features. He took McLaren from 1980 to 2017 and transformed the company to where it is now, so I’ve huge admiration for that. CONFIGURE YOUR ARTURA. McLaren CEO Mike Flewitt is steeped in the culture of sports cars. AR. Reproduction free for editorial use only, MEDIA ADVISORY: McLaren Group supports drive to produce more medical ventilators, McLaren enthüllt die nächste Generation des Hochleistungs-Hybrid-Supersportwagens - den McLaren Artura, McLaren 765LT bei den Automobile Awards in Paris zur "Supercar Revelation of the Year 2020" gewählt, Brandneuer Artura als McLarens Hochleistungs-Hybrid-Supersportwagen der nächsten Generation bestätigt, Eine wiedergeborene Ikone: der neue LEGO® Technic™ McLaren Senna GTR wird enthüllt, McLaren Automotive und Castore Sportswear stellen exklusive neue designgeführte, leichtgewichtige und technologische Sonderkollektion vor, Zwei Ikonen des Speeds in einem spektakulären Auto vereint: Weltpremiere für McLaren Elva Gulf Theme von MSO bei der Goodwood SpeedWeek, McLaren Elva geht auf Tournee durch Europa und den Nahen Osten, McLarens brandneuer Hochleistungs-Hybrid-Superwagen geht in die Endphase der Erprobung. Mike Dodd/McLaren. 720. McLaren Automotive wird im nächsten Jahr mit der Einführung des neuen Artura, eines High-Performance Hybrid (HPH), sein gesamtes Know-how im Bereich der Hybridantriebstechnik in die Supersportwagenklasse einbringen, entwickelt mit dem Wissen, der Erfahrung und den technischen Errungenschaften von McLaren aus mehr als einem halben Jahrhundert bei Renn- und Straßenfahrzeugen. he shouts in mock outrage. “We’ve had to make significant cost savings across the business to be viable at what was probably 60% of where we were in sales in 2019. "Next year we might be back to nearly 75% of where we were. See Artura in AR. Nm. Mike Flewitt, Chief Executive Officer of McLaren Automotive reveals his road to the future for the iconic sports car marque. You ought to be able to earn back the value. Mike Flewitt. “If, with hindsight, you could have done better, so what? 23 September 2020. Build the Artura you want to drive. B. ritish supercar maker McLaren Automotive has had a … But I’ve huge admiration for the man. "There’s a desire for these cars, the money exists to buy them. Jim Armitage @ArmitageJim. Rumor has it that to this day, if you wish to work for McLaren, it helps if you own, or at least owned a Lotus Elan at some point in your life. McLaren Automotive, CEO. The company plans to make 765 of the cars in total, following the established supercar model of restricting supply to keep up the rarity (and resale) value. July 27, 2019 ‘Enjoy the Journey’: McLaren’s CEO Mike Flewitt on His 36-Year Career in the Automotive Industry The man behind one of the most significant marques shares some sage career advice. Der Luxus-Supersportwagenhersteller McLaren Automotive feiert heute die Premiere des McLaren Elva Gulf Theme by MSO, eine Hommage an die erneuerte Beziehung zwischen McLaren und der Marke Gulf Oil und ein weiteres Beispiel dafür, wie Designs aus der McLaren Renngeschichte die heutigen Kunden der Marke inspirieren. “This is a setback but it’s only a setback. ritish supercar maker McLaren Automotive has had a tough year thanks to Covid-19’s impact on both its suppliers and customers. Mike Flewitt, boss of McLaren Automotive since 2013, is a rarity among car company CEOs as an instinctive and passionate lover of cars both at work and when his time is his own.. A float could be a partial offering for them to realise those gains.”. As you screech into a sharp, slow turn from doing 180MPH down the straight, you can see what they're talking about. It’s been a sign of confidence improving for us and great from an external point of view.". Is it that they discover a vaccine tomorrow and it will all be over or is there a longer journey?”. There is a lot of caution,” he said. I think he’s a brilliant marketer. Der brandneue McLaren Artura wird heute enthüllt und markiert den Beginn eines neuen Kapitels für das wegweisende Unternehmen für Luxus-Supersportwagen und einer neuen Ära der Supersportwagen-Technologie und -Performance. Since moving into the McLaren Technology Centre ... Mike Flewitt Chief Executive Officer, McLaren Automotive Read more. The Artura debuting Wednesday will start at 185,500 pounds ($258,000) and can drive about 30 kilometers (19 miles) on battery power alone, Chief Executive Officer Mike Flewitt said in … But McLaren CEO Mike Flewitt is an entirely different proposition; a ruddy-faced, wispy-haired Liverpudlian who began his working life building Ford Escorts on the Halewood assembly line in the early 1980s. There is no precedent, no rule book. “Take the opposite, Ford. “I think the private structure works for our shareholders today. “That’s a little bit where I still am,” Flewitt tells Wheels. Asked about Tesla’s staggering stock market value ("market cap" in the jargon) he said he was, frankly, baffled. Mike Flewitt, chief executive of supercar maker McLaren Automotive, explains how he became boss of one of the world's most exclusive motor firms. Zusätzlich: 17 Feb. 2021 | Identifikation: 12945.
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