Audi is bucking the wider industry downfall with a record-breaking profit return for the first-half of 2022, with Audi’s chief saying the company managed to navigate the turbulence and successfully “seized opportunities”. All up, Audi managed to increase its revenue figures by 2 per cent up to 29.9 billion euros […]
Alexi Falson
Alexi is an automotive road tester and news editor at PerformanceDrive. He appreciates the complexity of modern vehicle engineering and loves to keep his hands greasy working on motorbikes and cars. He prefers wagons over SUVs, vans over utes and reads more news than your Grandma.
Automotive bodies reach agreement on emissions, no EV mandates
Australia’s peak automotive organisations have reached a ‘historic’ agreement that sets out a loose roadmap in Australia’s transition to low emissions and all-electric fleets in the future. The agreement was made at a recent Industry Summit, which was attended by Aussie organisations that cover everything from the sale and distribution, […]
Ferrari unveils 296 GT3 racing car, debuts at Daytona 24 Hour
Ferrari has taken the wraps off its latest GT3 creation, the 296 GT3. It replaces the 488 GT3, and comes in as the first mid-mounted twin-turbo six-cylinder track weapon since the iconic Ferrari 246 SP. The 296 GT3 comes powered by a 2.9-litre twin-turbo V6 powertrain kicking out 447kW of […]
Lamborghini posts record first-half global sales, 3 new model confirmed
The good news keeps on coming for Lamborghini after the company posted its best-ever results for the first half of 2022, with a significant bump in deliveries and a massive jump in operating profit signalling good things ahead for the raging bull. All up, Lamborghini delivered 5090 new vehicles globally […]
Porsche planning to buy 50% stake in Red Bull F1 – report
Porsche is planning to purchase as much as 50 per cent of Red Bull’s F1 team, according to leaked documents from Moroccan authorities. Specifically, Porsche reportedly has plans to purchase a 50 per cent stake in Red Bull Technology, which would likely see Porsche and Red Bull’s new-found powertrain division […]
Ferrari chief confident about 2025 EV, to offer distinctive feel
Ferrari’s chief executive officer, Benedetto Vigna, has dismissed suggestions that a battery-electric Ferrari would lose some of the brand’s most famous characteristics. This is in reference to the launch of Ferrari’s first-ever EV in 2025. The comments came from Ferrari’s chief in a recent interview with CNBC Business. Vigna remained […]
Nissan Navara SL Warrior price confirmed, on sale in August
Just a week after stirring up excitement for an all-new entry-level Navara SL Warrior by Premcar, Nissan confirmed prices and specs for the lineup. The Navara SL Warrior sits below the flagship Navara PRO-4X and PRO-4X Warrior as a new entry-point into the hardcore Warrior lineup, with the SL 4WD […]
Logitech chief predicts semiconductor chip shortage will end this year
The head of tech company Logitech has said that it’s likely that the production slowdowns, rising costs and logistical nightmares caused by the shortage of semiconductors could be over by the end of the year. The optimistic forecast came courtesy of Bracken Darrell, chief executive at Logitech. In a first-quarter […]