McLaren has announced its intentions of remaining an independent automaker as the company doesn't have plans of teaming up with others.

McLaren has announced its intentions of remaining an independent automaker as the company doesn't have plans of teaming up with others.

In an interview with Bloomberg, the company's executive director of sales and marketing Jolyon Nash said that by remaining independent, McLaren is in charge of its own destiny and this gives them the freedom of developing products at a faster pace and in concordance with the most recent technology as well as legislative requirements.

Nash said McLaren's product development life cycles "are very efficient" and the company is "very quick to move" which gives them "great advantages" in an industry where most high-end marques belong to larger groups providing funding for investments and also enabling lower production costs.

Jolyon Nash reiterated McLaren's objective to boost annual sales to 4,000 units by 2017, representing a major increase compared to last year when they sold 1,648 cars.