SHANGHAI -- McLaren Automotive will stick to building sports cars and ruled out following rivals that are adding SUVs to their lineups.
"We genuinely believe we make the best sports cars in the world," CEO Mike Flewitt said in an interview. "We need to remain very focused. McLaren is a sports car brand and that's exactly what we're going to remain."
McLaren's pledge comes as Lamborghini, Bentley and Maserati plan to start building SUVs.
McLaren, of Surrey, England, will introduce one new model a year to boost growth and set a price floor of $177,000 for its cars, or two-thirds the price of its latest model, the 650S, Flewitt said.