(Dec 4): British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Tuesday.

“We need to put more cars into Asia,” McLaren CEO Mike Flewitt said in a meeting with reporters in Detroit. Sales of McLaren’s carbon fiber and aluminum sports cars, which start at about US$200,000 ($273,000) in the United States, have fallen in the United Kingdom, its largest market. Flewitt said that reflects uncertainty over Brexit.

Demand in the United States and in Asian markets outside of China remains strong, he said.

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