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Add VPG to the growing list of recent green car failures: Bright Automotive (electric delivery vans) , Carbon Motors (clean diesel-powered police cars), Aptera Motors (three-wheeled electric cars), Coda Automotive (inexpensive electric sedans) and, arguably the most infamous, Fisker Automotive (plug-in hybrid sports cars).
FORBES: The Real Reason Tesla Is Still Alive (And Other Green Car Companies Aren't)
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The company has created hundreds of American automotive jobs and its first model, the Roadster sports car, lit a fire under Detroit to begin producing electric and plug-in hybrid electric cars but with less success.
FORBES: Memo To Mitt: Tesla Is Not Solyndra
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Another start-up, Fisker Automotive, will debut with the sexy Karma, a plug-in hybrid sports car, then launch a sedan of its own.
MSN: A battery beats at the heart of these muscle cars
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According to Anthony Joseph, Director for McLaren Automotive North America, the 2011 model is only the start of a series of sports cars from the company.
FORBES: Names You Need To Know In 2011: McLaren MP4-12C
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As executive chairman of McLaren Automotive, Dennis will lead the group's project to develop a range of pure McLaren sports cars, with the launch date for the first model set for 2011.
BBC: McLaren's Dennis quits Formula 1