FILE PHOTO: The Mclaren logo on a car is photographed at a dealership in Singapore June 1, 2017. REUTERS/Thomas White
LONDON (Reuters) - Formula One team owners McLaren saw group revenues reverse from 284 million pounds to 109 million in the first quarter of 2020 due to the COVID-19 pandemic, results on Thursday showed.
The sportscar maker also reported a plunge in car sales to 307 units over the three months, compared to 953 in the same period last year, with dealerships closed and factory production halted.
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