A British company is betting there's a market in North America for a $200,000 sports car built with Formula One race technology, announcing Thursday that it will unveil the very expensive new toy late next year.
"Following any recession, there's a resurgence," said Ron Dennis, chairman of McLaren Automotive. "We intend to catch that wave."
This article debates the fact that people are more likely to buy when the economy is on its way to the top rather then already there. This relates to our class in turn because we just got done talking about the different stages of the economy and it talks about how with almost 10% of people that are unemployed, Britain thinks that they can sell super expensive cars in our country. I disagree with this article because people are still reluctant to buy 20,000 dollar cars so how are they ever going to pay for one that costs 10 times as much!
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