As well as a low price, the model will promise other financial incentives, including tax breaks and potential free city centre parking. Running costs are estimated to be a quarter of those for a typical Ford Focus-sized family car.
The new company, Gordon Murray Design Limited, will produce the newcomer - codenamed T.25 - in small numbers, and aims to sell or license the concept to a major manufacturer.
As well as the T.25, Murray's firm is to build a new supercar. As with the McLaren F1, lightweight construction will be at its core, but it's set to be eco-friendly and cost a fraction of the F1's price. It should arrive in 2010.
McLaren Man's New Supermini
McLaren Man's New Supermini
Car News, Car Review, Future, Auto, New Cars, Car Quote, Price