Japanese manufacturer Nissan has reported a record operating loss in the 2022 financial year, and it says the global shortage of semiconductors has been the primary driver. In a statement, Nissan said the combined impact of the coronavirus and semiconductor shortage were to blame for the 150.7 billion yen (AU$1.7 […]
Alexi Falson
2022 Ford F-150 reviving ‘Lightning’ name, fully electric power (video)
Ford has confirmed it will revive the F-150 ‘Lightning’ name for its next-generation fully electric pickup for the 2022 model, and has released a teaser ahead of its debut next week. We don’t have any solid technical details to report on the new F-150 Lightning just yet, however, Ford has […]
Alpina B8 Gran Coupe on sale in Australia from $322,900
Everybody’s favourite BMW tuning house Alpina has confirmed its latest flagship, the Alpina B8 Gran Coupe will make its way to Australian shores with a price tag of $322,900. The first-ever Alpina B8 Gran Coupe is scheduled to arrive in July, and is set to impress its future owners with […]
Mercedes-Benz unveils EQT electric people mover concept
Mercedes-Benz has taken the wraps off the latest addition to its EQ lineup, in the form of a seven-seat people mover called the EQT. A combustion-engine version is set to follow in the near future, called T-Class. With the debut of the Concept EQT, Mercedes has now expanded its electric […]
For Sale: Petter Solberg’s 2004 Subaru S10 WRC rally car
We report on some pretty interesting cars for sale here at PerformanceDrive, but this is a particularly special one for any rally-enthusiast out there. Silverstone Auctions has recently listed Petter Solberg’s Japan WRC-winning Subaru Impreza S10 rally car, which has since been restored to exactly the same specification as the […]
Porsche Macan electric to use 800V Taycan platform, testing begins
Porsche has officially begun testing prototype versions of the next-gen, all-electric Macan in Europe, and we’ve had the first rudimentary specs confirmed by a Porsche board member. Its underpinnings will be shared with the Taycan sedan. Porsche has previously confirmed that by the turn of the decade, it expects that […]
Genesis G70 ‘Shooting Brake’ officially previewed, arrives later 2021
Genesis is stirring up hype for the arrival of its first-ever mid-size wagon in the form of the G70 ‘Shooting Brake’ wagon, which is set to arrive on Australian shores during the third quarter of 2021. Intent on showing competitors that it can not only produce class-leading sedans, Genesis is throwing […]
AGIG & ACTO receive $28m funding to kickstart hydrogen economy in Australia
The Australian Gas Infrastructure Group (AGIG) and major utility provider ACTO have received a $28 million investment to help the firms scale up the production of green, sustainable hydrogen. The funding came from the Australian Renewable Energy Agency (ARENA), which is hoping the cash injection will help boost commercial-ready production […]