McLaren announces profits, Turnover and income for the last business year, all is great.

McLaren Automotive accelerates to fourth consecutive year of profitability from record sales in 2016; confirms business plan on track with launch of new Super Series and Sports Series models

• Record 3,286 McLaren cars sold in 2016 drives 70% increase in profit before tax
• £65.8M operating profit for period is 180% gain on 2015 and fourth consecutive year of operating profit in only sixth year of selling cars
• Sales revenues of £649.8M in 2016, up by 44%
• Turnover of bespoke sales division, McLaren Special Operations, grows by 147% compared to 2015, with Aftersales revenue also increased, by 37%
•  Continued significant investment in Research and Development, at £129.1M (20% of turnover) in 2016
• Workforce grows by further 8%, to manage company growth and meet product demand
• Track22 Business Plan confirmed as on track to deliver ongoing success for McLaren Automotive as a manufacturer of luxury sportscars and supercars
• First car launched under Track22 was McLaren 720S, in March 2017; sold out for this year with 1,500 orders taken
• Second car is new McLaren 570S Spider, which makes world debut at Goodwood Festival of Speed as the first convertible in the McLaren Sports Series

British sportscar and supercar manufacturer, McLaren Automotive, today announces yet another record-breaking year in respect of vehicle sales and financial performance.

Profit before tax of £9.2M from an annual sales revenue of £649.8M in 2016 gave McLaren Automotive a fourth consecutive year of profitability in only six years, since start of sales in 2011.  This was an increase in profit before tax of 70% compared to the £5.4M reported in 2015.

Operating profit of £65.8M in 2016 was the company’s highest ever, standing at 10% of turnover and representing a 180% increase over 2015. The strong financial performance in 2016 was underpinned by record sales, with a total of 3,286 cars purchased; this was a 99% increase over 2015 and exceeded the company’s own expectations by almost 10%, with all geographic regions achieving sales growth. 

“The positive financial performance in 2016 was underpinned by a 44% increase in sales revenues and is further proof that McLaren Automotive’s growth plans are both achievable and sustainable,” said McLaren Automotive Chief Executive Officer, Mike Flewitt. ”Investment in R&D and future product during the period of £129.1M – 20% of turnover – reaffirms our commitment to the Track22 Business Plan that will produce 15 new models or derivatives by the end of 2022 and the focus going forwards will be on successfully delivering these new products and managing continued profitable growth.”

In its first full year of production, the Sports Series family accounted for 2,031 deliveries, the majority of which came from the recently-introduced McLaren 570GT and 570S models.  The Super Series also continued its success story thanks, in large part, to the McLaren 675LT Coupé and Spider models. Having both sold out in a matter of weeks, the limited production, even more driver-focused and higher-performance derivatives of the Super Series started production in mid-2015 but continued through 2016.  In total, 1,255 Super Series cars were sold in 2016.

In March 2017 the second-generation McLaren Super Series, the new McLaren 720S, was launched. The new car generated immediate customer interest and some 1,500 orders have been taken to date.  A new convertible Sports Series model, the 570S Spider, was announced on 14th June 2017 and makes its world debut this week in the UK at the Goodwood Festival of Speed.

“The McLaren Automotive business continues to perform strongly, with 2016 returning a fourth consecutive year of positive financial results,”  said McLaren Automotive Chief Financial Officer, Paul Buddin. ”Profit before tax was up by 70% to £9.2M, from our highest-ever operating profit of £65.8M, an increase of 180% over 2015. These results were driven by vehicle sales totalling 3,286 in 2016 – 99% up year-on-year and another record – and significant growth in revenues from McLaren Special Operations (MSO) and McLaren Automotive Aftersales operations.”

Sales increases in all regions

Geographically, in 2016 North America continued to be McLaren Automotive’s single largest market with deliveries of 1,139 cars, a 106% increase over 2015. Europe ended 2016 selling 996 cars in total, an increase of 153%, whilst the rapidly-developing market in China sold 228 cars in total.  The Asia Pacific region grew by 90% while the newly combined Middle East, Africa and Central and South America region grew by a notable 69%.  In addition, the global footprint of the McLaren retailer network continued apace in 2016, with new dealer facilities opened in Bristol (UK), Boston and Palm Beach (USA), Gold Coast (Australia) and Fukuoka in Japan.

In parallel with the vehicle sales success, McLaren Automotive also saw substantial growth in non-car-related activities.  McLaren Special Operations (MSO), the company’s bespoke division, posted an increase in revenue of 147%, while the Aftersales function recorded turnover growth of 37% for the year.

”2016 was an extraordinary year for McLaren Automotive, with a near-doubling of sales and the completion of our 10,000th car,”  commented McLaren Automotive Executive Director – Global Sales and Marketing, Jolyon Nash. “While we will never again see another jump in sales volume of this magnitude, the reception to the new 720S and the new 570S Spider has been incredibly positive and initial orders for both are beyond our expectations. Having the new, second-generation Super Series and the first-ever Sports Series convertible in showrooms will give every one of the 80 McLaren retailers worldwide the opportunity to contribute strongly to another record year for the McLaren Automotive business in 2017.”

On-going investment in Research & Development and new products

During 2016, McLaren Automotive invested £129.1M in new projects, across the Sports Series, Super Series and Ultimate Series product families.  The Track22 Business Plan sees McLaren investing an industry-leading percentage of turnover (20% in 2016) in R&D activities over the period of the plan. This will take the company towards its objective of producing more than 4,500 vehicles annually by the end of 2022, with at least 50% of these cars featuring hybrid powertrain technology.  The Business Plan also includes the development of a fully-electric powertrain for a concept car to evaluate its possible use in a future Ultimate Series. In 2016, the early prototype stages of the development work commenced.

McLaren Automotive is also investing in senior management infrastructure to support its product development plans.  Dr Jens Ludmann was announced in May 2017 as the company’s new Chief Operating Officer.  Reporting to the CEO, Dr Ludmann will oversee the launch of 13 new models or derivatives during the next five years and focus on further developing internal working processes, relationships and disciplines across Product Development, Purchasing, Supplier Quality Assurance and Manufacturing.

A year of transition for the McLaren Production Centre

The McLaren Production Centre (MPC), the sole location for the hand-assembly of McLaren Automotive sportscars and supercars, underwent signficant operational changes during 2016 calendar year.  A second shift was implemented in January to meet demand for Sports Series models, leading to the creation of 250 new jobs within the manufacturing, quality and logistics departments. This strategic development took capacity at the MPC from 10 cars a day to 20, supporting annual production in the region of 5,000 units.

McLaren Composites Technology Centre to bring chassis production in-house

McLaren Automotive announced in February 2017 that it will construct a new Composites Technology Centre (MCTC) that will be responsible for the development and manufacture of the Monocell and Monocage carbon fibre chassis used in future McLaren models.  Located in Sheffield, UK, the MCTC project is a partnership between McLaren Automotive, the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) and Sheffield City Council. Combined investment of approaching £50M will create the facility and more than 200 jobs.  When commissioned and running at full production from 2020, the MCTC is targeted to deliver cost savings of around £10M annually compared to today and the chassis supply will increase average percentage (by value) of a McLaren car sourced in the UK by around 8%, from its current average of around 50% (depending on model).

		2016	2015	% change
Deliveries to customers	Cars	3,286	1,654	99%
Employed	People	1,606	1,492	8%
Sales revenue	Million GBP	649.8	450.6	44%
Operating profit	Million GBP	65.8	23.5	180%
Operating profit as % of sales		10%	5%
Profit before tax	Million GBP	9.2	5.4	70%
Profit after tax	Million GBP	7.3	2.8	161%
Capitalised development costs	Million GBP	129.1	123.9	4%
Capitalised investments as a % of T/O		20%	27%

BAC and the supercar MONO has built a olice version of its car for the Isle of Man.

• Briggs Automotive Company (BAC) has joined forces with the Isle of Man Government and provided the world’s first BAC Mono police car
• BAC works closely with the Isle of Man to perfect the unique driving characteristics of its single-seater supercar and even hosts annual Mono Experience Weekends on the island with its clients and friends
• The pair’s latest union celebrates great British innovation and engineering, together with the great traditions of island policing
• BAC has used the Isle of Man as its playground since launch in 2011, and it’s now showcasing its commitment to road safety with the deployment of the Mono police car

Briggs Automotive Company (BAC) has teamed up with the Isle of Man Government to unleash a stunning and completely unique BAC Mono police car.

The world’s only single-seater, road-legal supercar has captured the hearts of petrolheads around the world for offering the purest driving experience possible, and the Isle of Man police will now benefit from having the ultimate driver’s car at their disposal.

A true first for the Isle of Man police force, the supercar will now become an active member of the fleet and will also be on show at a number of local festivals to encourage safe and responsible driving.

BAC and the Isle of Man have enjoyed a special bond ever since the Mono was launched in 2011, with BAC exploiting the stunning driving roads of the island and using it to explore and develop necessary changes to its creation.

The BAC team recently descended on the picturesque island with clients and friends for a special Mono Experience Weekend, in which a record 12 Monos came together to enjoy the very best of the Isle of Man on the road and track with full support from the Government in closing and de-restricting roads.

The Liverpool-based company has always stayed fully committed to road safety during its time on the island, and it’s once again showing its devotion to keeping Isle of Man roads safe with this latest collaboration.

Isle of Man’s Mono is basked in official police livery and benefits from all of the bespoke touches that made the supercar such an icon. PC Andy Greaves, who is an advanced driver, police motorcyclist and collision investigator, is the force’s dedicated Mono driver and was full of excitement when discussing his new model:

“It’s a remarkable vehicle, and clearly will be of huge interest to bikers and car drivers alike. We are here to promote safe use of the road, and it’s amazing how many people want to talk to you when this is your transport.”

By taking to the cockpit of the Mono, Greaves will be able to spread the good word on road safety and keep drivers both interested and entertained all the while. Greaves continued: “Every opportunity we get, we stop and talk to visitors. Having a show-stopper like a BAC Mono police car on the fleet makes that so much easier.”

Thousands of visitors head to the Isle of Man every year to enjoy the most idyllic driving roads and scenery in the world, and with the Mono on side, the police can go one step further to ensuring their absolute safely.

BAC Co-Founder and Director of Product Development, Neill Briggs, said: “We have a very special affinity with the Isle of Man and we’re absolutely delighted to bring this extra-special Mono to a remarkable police force. The Government has been nothing but amazingly supportive to BAC and the BAC dream, and we’re honoured to be able to play our part in making their roads a safer place. This is a world first for both BAC and the Isle of Man and something both parties are incredibly proud of.”

The BAC MONO Supercar is ow available in Canada via limited run contract.

• Briggs Automotive Company (BAC) continues to break new ground across the globe by teaming up with Canadian group Pfaff Automotive Partners
• Pfaff is one of North America’s leading dealer groups, and it will now sell BAC’s One-of-a-Kind Mono supercar to its track-loving market
• Pfaff signed a limited-run deal with BAC, with Monos going up for grabs from the company’s Ontario base
• BAC has exported the highly acclaimed Mono to over 30 territories worldwide since its launch

Briggs Automotive Company (BAC) is continuing to take the world by storm, as the maker of the One-of-a-Kind Mono supercar has joined forces with leading Canadian dealer group Pfaff Automotive Partners – famed for its dealings in motorsport and high-performance vehicles.

Pfaff deals with some of the biggest marques in the world from its Vaughan, Ontario, base – just north of Toronto – including McLaren, Porsche, BMW, Audi, Pagani and Singer Vehicle Design. And it’s now added BAC to its armoury on a limited-run deal, with intense interest from automobile and racetrack enthusiasts expected.

The bespoke Mono has been something of a revelation since its launch in 2011 and become a true British success story. BAC has exported the car to over 30 territories around the globe and is continuing to break new ground.

Signing on the dotted line with such a high-profile partner further demonstrates BAC’s supercar domination and opens the Mono world to a new and enthusiastic market.

BAC’s venerable creation has earned plaudits all over the globe for its unique vehicle aesthetics and impeccable driving characteristics. It’s forever demonstrated its track prowess around the world, and the Canadian market can exploit its credentials to the full around the likes of Canadian Tire Motorsport Park and Area 27.

The supercar already has a big presence in North America after the launch of BAC USA earlier in 2017, and its venture north into Canada represents breaking even more ground.

Pfaff Automotive Partners prides itself on providing the very best customer service, which makes it the perfect partner for BAC. The Liverpool-based manufacturer tailors every aspect of the Mono to the driver, including a made-to-measure seat and steering wheel.

Neill Briggs, BAC Co-Founder and Director of Product Development, added: “We’re absolutely delighted to join forces with Pfaff Automotive Partners and continue our rapid expansion around the world. Having a specialist dealer group in Canada is testament to just how impressive a machine it is and just how competitive it is as a track car. Canadians love their cars and, clearly, they’re big fans of pure driving characteristics of the Mono.”

BAC and it's supercar the Mono, are taking over the Isle of Man for the next Customer Experience time.

• Briggs Automotive Company (BAC) is gearing up to bring Mono Mania to the Isle of Man from Thursday 11th – Sunday 14th May
• An army of 12 Monos will hit the island as part of a special customer experience weekend, comprising road and track driving with the full support of the Isle of Man Government
• The Isle of Man prides itself on offering the perfect setting for extreme sports, driving and cycling, and BAC will use its playground to full effect to allow customers to extract the best of both the setting and the car
• BAC enjoyed remarkable success with its inaugural Mono Experience trip in February, as customers took to the frozen lakes of Sweden 

Briggs Automotive Company (BAC) is preparing to host an extra-special experience weekend on the Isle of Man with an army of its One-of-a-Kind Mono supercars and valued customers. 

Fresh off the back of a hugely successful inaugural experience weekend on the frozen lakes of Sweden in March, BAC is taking over its Isle of Man playground and teaming up with the local Government to give its customers exclusive access to some of the best roads on the planet. 

The Isle of Man is one of the world’s most ideal locations for driving thanks to its all-weather terrain and remote mountain areas, and the Government has given full support to BAC by de-restricting and closing roads purely for customer enjoyment. 

As many as 12 of the road-legal, single-seater supercars and 20 clients – representing 10 countries around the world – will head to the island on Thursday 11 May for four unforgettable days of no holds barred Mono fun. 

Guests will be staying in the finest hotels on the island with the very best hospitality from BAC members of staff – including Co-Founders Neill and Ian Briggs – but the real appeal of the experience is sampling all the Mono has to offer on road and track. 

After settling in on the opening day, Friday 11 May will see BAC’s guests head to the Jurby Circuit, where they’ll receive expert guidance from the BAC team before letting loose on the tarmac. 

On Saturday, the Monos will descend to the picturesque south west coast of the island to enjoy fully marshalled driving on specially de-restricted and closed roads. The cars will then line up at Castletown ahead of a private lunch, before the team hit the iconic TT Course to enjoy the Mono in perfect Isle of Man surroundings. 

Only BAC could offer such a remarkable experience to its loyal and valued customers, as it takes pride in being more connected with its clients than any other supercar manufacturer. 

It’s forever giving back to those who gave the brand its phenomenal stature around the globe, and taking to the Isle of Man is one of many ways BAC is repaying its nearest and dearest. 

BAC Co-Founder and Director of Product Development, Neill Briggs, said: “When Ian and I first set about creating the Mono, we did so with the vision of sharing it with friends – giving them access to the purest driving experience in the world. 

Our trip to Sweden in March saw that dream become a reality, and we’re once again relishing being able to showcase our creation to those who share our vision. We work closely with the Isle of Man and are very excited to show everyone what this wonderful place has to offer; we’d also like to extend our thanks to the Government for making part of the trip possibly and allowing us to sample idyllic roads in the best car possible.” 

For full information on Isle of Man road closures, please see below 

Isle of Man Road Closure Information

Friday 12th May 

Jurby Raceway from 09:00 – 16:00 approx. 

Saturday 13th May 

A36 Sloc and Shoulder Road from a point just West of the entrance to the Scard Farm to the Round Table Crossroads - from 09:00 - 1400 

Castletown Market Square will be closed from 12:00 – 15:00 approx. to accommodate a vehicle display

The ultimate in street legal supercars and the best Lotus Exige yet - if only i could get in one LOL

• The fastest to, from, and around the race track
• 0-60 mph in just 3.4 seconds
• Dry Weight from 1,057 kg
• Dramatic bodywork revisions boost downforce to 200 kg
• Limited to 60 editions worldwide, confirming collector status

Without equal and without compromise, the ballistic new Exige Cup 380 coupe provides the perfect balance between fully type approved road car and genuine race car to deliver the ultimate track-and-back street-legal Lotus.

Evolved from the hugely successful and capable Exige Sport 380, this latest Lotus supercar is the purest manifestation yet of the company’s Cup concept for sports cars. Genuinely eligible for competition yet undeniably elegant, just 60 editions of this extreme Exige are planned for worldwide markets – assuring its status as one of Lotus’ most collectable road cars.

With a purity of drive unheard of in road cars, and a power-to-weight ratio of 355 hp per tonne, the Exige Cup 380 delivers genuine race pace, with 0-60 mph in 3.4 seconds (0-100 km/h in 3.6 seconds) and top speed of 175 mph (282 km/h). Key to the Exige Cup 380 reaching its low weight of 1,057 kg is the comprehensive adoption of carbon fibre and extreme engineering. Making their first appearance on a road-going Lotus, heavily revised bodywork elements contribute to the increased downforce of the Exige Cup 380, with the car generating up to 200 kg, 43% more than the Exige Sport 380. Making the most of this aerodynamic downforce and maximising mechanical grip, the Exige Cup 380 features larger rear tyres (285/30 ZR18 Michelin Pilot Sport Cup 2) as standard.

Jean-Marc Gales, CEO, Group Lotus plc said, “Developing the Cup 380 has allowed us to indulge our motorsport ambitions on a car that can be used and enjoyed every single day. This is an Exige that’s not just unbeatable point-to-point but also capable of winning highly competitive races. The biggest surprise for many is that it’s fully road legal – a considerable achievement considering the car’s performance capabilities. Unlike some rivals’ cars, this is something that really can drive to a track, set the fastest lap and take the win, before heading home. It’s supremely usable, yet outrageously fast.”

About the Exige Cup 380

At the heart of the new Exige Cup 380 lies a concept from the core of one of Lotus’ founding principles. With an unrivaled lineage, the new thoroughbred Lotus Exige Cup 380 is endowed with race car sensibilities and road car manners.

Honing the Exige Cup 380’s high speed abilities was paramount in its development, and the inclusion of new wind tunnel developed aerodynamic elements allow this road-going Exige to deliver up to 200 kg of aerodynamic downforce at a top speed of 175 mph.

Located over the wheels, the front louvers equalise the pressure differential within the wheel arches, increasing downforce at high speed and under hard braking, whilst the cut-out sections behind the rear wheels work with the aero blades mounted either side of the race diffuser. Even the Exige’s windscreen wiper has been aero tuned – now resting in a vertical position to avoid disrupting air flow.

To harness the huge hike in downforce, and provide increased mechanical grip, wider 285/30 ZR18 rear tyres are required – a step up from the 265/35 ZR18 as fitted to the Sport 380. With the two elements working in combination, this huge boost in grip allows the car to corner harder and faster which, given with the Exige’s existing reputation as a driver’s car, elevates it to a whole new level.

An integral part of the car’s aerodynamic prowess, the high-gloss, hand-made carbon fibre components include new front splitter, front access panel, bargeboards, roof, diffuser surround, new larger aperture air-intake side pods, a new one-piece tailgate and a straight-cut high efficiency motorsport derived rear wing.

The new design one-piece carbon rear tailgate reduces weight by 6.5 kg and the removal of gas struts deletes 1 kg. The new carbon side pods save a further 0.5 kg.

Inside the Exige Cup 380, the carbon continues with visible-weave, handmade sections including beautifully detailed carbon race seats and door sills as standard. Cumulatively these composites contribute to the Exige Cup 380’s low weight, but every part of the car has been considered, even down to the removal of the boot carpet, to reduce mass. Optional carbon fibre components include one-piece inner door panels, HVAC console and face-level vent surrounds, which together offer an additional 1 kg reduction over the standard car.

In addition to the Exige’s strong, stiff and durable aluminium chassis architecture, the Cup 380 comes with a T45 steel roll over bar as standard. Tremendously strong, yet light compared to alternatives, its cost means that it’s only used in the highest of motorsport applications. Other racing additions include a towing eye at the front and a fabric tow strap at the rear.

Extremely quick off the line, the Exige Cup 380 laps the Hethel track in 1 minute 26 seconds – a record for a road-legal Exige. Packing the same 3.5-litre supercharged V6 engine as the Exige Race 380, the new Exige Cup 380 boasts 375 hp at 6,700 rpm and 410 Nm (302 lbft) of torque at 5,000 rpm.

Available as standard with a close-ratio, six-speed manual transmission, the Exige range features Lotus’ now famous open-gate manual gearbox design.

There are four user selectable ESP modes (Drive, Sport, Race and Off). Sport, Race and Off increase throttle response, lower traction slip thresholds and remove understeer recognition to provide a finer degree of driver control before intervention and utilises an engine exhaust bypass valve which reduces exhaust back pressure at higher engine speeds. In a new development, the Lotus Exige Cup 380 includes a variable traction control function which is linked directly to the ECU and allows the amount of wheel slip to be set by the driver. The six-position rotary switch is located on the steering column and is only available with ESP switched off, with the percentage of target wheel slip from 1% to 12% in five settings and “off”, displayed via the instrument cluster.

The Exige has long been regarded as delivering benchmark handling, but owners of the Exige Cup 380 can configure the set-up, thanks to the Nitron two-way adjustable dampers and Eibach adjustable front and rear anti-roll bars fitted as standard. The substantial Michelin Pilot Sport Cup 2 tyres (285/30 ZR18 rear and 215/45 ZR17 front) are fitted to ultra-lightweight forged alloy wheels, available in red, black or silver as standard. Stopping power is provided by AP Racing forged, four-piston brake calipers and grooved performance two-piece brake discs.

The optional full exhaust system in titanium removes 10 kg from beyond the rear axle, and buyers can specify a number of additions and deletions, including FIA compliant roll cage, full race harness, electrical cut-off and fire extinguisher controls as well as airbag deletion and a non-airbag steering wheel.

Despite its pure performance credentials, the new Lotus Cup 380 retains its dramatic aesthetic thanks to the high-gloss, visible-weave carbon fibre, but complementing this are a range of five hand finished paint options, including Essex Blue, Metallic White, Metallic Silver, Metallic Grey and Metallic Black. Further accentuating its shape, a unique red highlight line defines the Exige’s front access panel, while key details, including the front canard wings, are finished in matt black. Coordinating wheels, spoiler uprights and mirror caps in red, silver or black contrast with the main paint colour, and the whole car is finished with unique Cup 380 badging.

The hand finished nature of the Exige Cup 380 continues inside, with Lotus’ carbon fibre sports seats trimmed in Alcantara®, with leather or tartan as a no cost option, with contrast stitching and an Alcantara® steering wheel. As standard, lightweight carbon fibre sill covers reduce the weight by 0.9 kg and provide easier ingress and egress by up to 10 mm, thanks to their lower profile and contoured finish. The Exige Cup 380’s instrument panel has also received attention, with new graphics making it easier to read.

For owners wanting more, the new Exige Cup 380 can be personalised through the increasingly popular Lotus Exclusive programme. Combining traditional British craftsmanship with modern design, the service inspires customers to spend time tailoring the character of their Lotus with a comprehensive array of options. Since its introduction this has proved increasingly popular, with 25% of all new cars undergoing some form of personalisation.

The Exige Cup 380 is available as a limited production run of only 60 cars and as a coupe only. It can be ordered now, priced £83,000 including VAT (UK) and €109,900 (Germany).

The Superca maker, BAC is looking to employ extra staff to meet huge demand from around the world.

• Briggs Automotive Company (BAC) is preparing to welcome a new wave of staff to its Liverpool HQ as part of the company’s big expansion plans
• The manufacturer behind the One-of-a-Kind Mono supercar has enjoyed worldwide success and is now looking for the right candidates to join its hugely talented and driven team
• BAC is employing staff across engineering, manufacturing, sales and design, with six desirable jobs making up the first wave of recruitment
• For more information on the current vacancies at BAC, head to www.bac-mono.com/jobs.php

Briggs Automotive Company (BAC) is set to employ a new wave of talented staff as part of its massive expansion plans, with a number of desirable roles going up for grabs with the manufacturer of the One-of-a-Kind Mono supercar.

A true British success story, BAC has achieved worldwide acclaim and success for the brilliance of its driver-focused Mono and has exported in to 30 territories around the globe so far. 

Plus, it recently launched BAC USA out of Sonoma, California, to join Liverpool and South East Asia on its official dealer roster, with no signs of slowing down anytime soon.

As such, BAC is looking to bring skilled and driven new employees to its Liverpool headquarters across numerous divisions to work with its current crop of experienced and talented professionals.

It’s currently offering six jobs to the right candidates in engineering, manufacturing, design and sales as part of its first wave of recruitment. BAC will welcome more new staff going forward to keep it at the top of the industry.

And with the future in mind, BAC recently launched its first apprenticeship scheme and took on two students from the nearby Riverside College – further demonstrating its devotion to the local area and preparation for excitement to come.

The apprentices started work on Monday 27 March, one of whom specialising in bodywork and the other will work on sub-assembly and chassis dress.

BAC Co-Founder and Director of Product Development, Neill Briggs, said: “We have a number of dream roles going up for grabs and want to invite the right candidates to come forward and be heard. Our expansion over the years has been rapid to say the least, and we’re very excited to bring in some new blood to propel us forwards once more.”

Fellow Founder and Design Director, Ian Briggs, added: “At BAC, we are very much a family who pull together to push towards their goals. We believe in quick progression at BAC and can offer a fantastic working atmosphere, an excellent social life, the chance to attend some of the most high-profile events in the automotive world and travel around the globe spreading the BAC message and basking in the glory of the Mono.”

In Fiscal Year 2016 (31.12.2016), Automobili Lamborghini S.p.A. achieved new historic landmarks.

• Turnover increases by 4% to 906 Mio. Euro
• Worldwide sales grow for sixth consecutive year to 3,457 units
• Sustained, profitable growth path evidenced
• Upcoming Super SUV Urus will double production capacity and creates new jobs
• Optimistic outlook for the company

In Fiscal Year 2016 (31.12.2016), Automobili Lamborghini S.p.A. achieved new historic landmarks. The Italian super sports car brand from Sant’Agata Bolognese increased worldwide sales by seven per cent from 3,245 to 3,457 units. Thus, sales grew for the sixth consecutive year.

Turnover exceeded 900 Mio. Euros for the first time and increased from 872 Mio. Euro to 906 Mio. Euro (+4%). 

This increase is reflected also in the positive operating result, confirming the solidity of the growth path. In preparation for the market launch of the third model line, the Super SUV Urus, in 2018 Lamborghini continues its strategic investments. The total headcount increased from 1,298 to 1,415 during 2016.

Stefano Domenicali, Chairman and Chief Executive Officer of Automobili Lamborghini comments: “Lamborghini realized another record year and we are once more outperforming our planned figures. In the face of the biggest expansion in our company’s long history, in the build-up of our product portfolio, our development and production capacities, we are introducing fascinating new products, creating new jobs and increasing our profitability. 

All of this could not have been done without our excellent team that deserves all the credit.”

All major sales regions EMEA (Europe, Middle East, Africa), America and Asia Pacific set new records and contributed to the sales growth. The USA remain the largest single market with 1,250 units sold.

Thanks to the Huracán model the year 2016 has been the most successful yet in Lamborghini’s history for V10 sales. A total of 2,353 units (up from 2,242 in 2015) of the Huracán Coupé and Spyder were delivered to customers. The twelve-cylinder model Aventador increased from 1,003 units in 2015 to 1,104 units in 2016.

In 2016, five new models were launched. The Centenario Coupé and the Centenario Roadster were presented as a limited series in memory of the anniversary of company founder Ferruccio Lamborghini. 

Other special series included the Huracán Avio and the Aventador Miura Homage, which was conceived in celebration of the fiftieth anniversary of the Miura, the ancestor of all Lamborghini V12 super sports cars. 

The new Lamborghini Huracán Rear Wheel Drive Spyder was launched to the market at the Los Angeles Auto Show in November. At the end of 2016 the new Aventador S was presented.

Positive and convincing outlook while preparing for a new era

​

After a long upturn and extensive strategic preparation for further growth Lamborghini maintains a confident outlook for the current year. Starting from 2018, the Lamborghini SUV Urus will be the third model in Lamborghini’s product range. 

Delivering additional growth and significant opportunities across the marque, it will also determine a substantial increase in the production capacity of the Sant’ Agata Bolognese factory. 

The production facilities will increase from 80,000 to 150,000 m² and the production capacity will double to 7,000 units per year.