Tesla’s CEO Elon Musk has announced plans to make Tesla a privately-traded company once again, adding that the company has secured funding for a potential buy-out 23 per cent higher than its current stock price. In a somewhat extraordinary move, Elon Musk took to Twitter to make the unofficial announcement, […]
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.
Survey uncovers dangerous driving habits of Australian motorists
The equivalent of 10.9 million Australians have admitted to risky behaviour behind the wheel, according to statistics published in a new survey. The 2018 Safe Driving Report , published by Finder.com.au, polled 1800 Australian drivers and found the majority of Aussies, 62 per cent, according to the results, have admitted […]
BMW X7 rendering surfaces, potentially accurate representation
A high-quality digital render has surfaced online, potentially showing the official design of the highly anticipated range-topping BMW X7 SUV. Just last week some BMW X7 patent images surfaced from the Brazilian National Institute of Industrial Property, showing the general design. Now though, IndianAutosBlog has taken that initial batch of […]
UK tourist in Dubai racks up $64k in speeding fines in Lamborghini
A British tourist is set to return from a holiday in the United Arab Emirates with more than just an impressive tan after clocking up Dh175,000 (about AU$64,000) in speeding fines in a matter of hours in Dubai. According to reports, a 25-year-old British tourist rented a Lamborghini Huracan (like […]
Ferrari earnings rise 7% for Q2, sales slightly down
Ferrari has posted an impressive set of sales results in the second quarter of 2018, with earnings jumping by 7 per cent. Profit margins for the Maranello-based manufacturer also rose to 31.9 per cent, up from 29.4 per cent. Ferrari’s April-June quarter resulted in a 20-million-euro jump in earnings over the […]
Italdesign Nissan GT-R50 hits the track for first time (video)
A new video has emerged of one of the most desirable cars currently in existence lapping the iconic Spa-Francorchamps GP circuit: the one-off GT-R50. The GT-R50 was first unveiled earlier this year, and is the result of a collaboration between Nissan and Italian design firm Italdesign. Both the GT-R nameplate […]
Maserati Levante GTS flagship confirmed for Australia
Maserati’s Australian post has confirmed an arrival date for its fire-breathing Levante GTS range-topping variant, set to go on sale in Australia in 2019. If you’re unaware of the stats, the Levante GTS certainly means business. It’s powered by a re-engineered and upgraded version of the Ferrari-derived 3.8-litre twin-turbocharged V8 […]
Honda Civic Type R sets Hungaroring FWD lap record (video)
Honda has wrapped up its quest to dominate front-wheel drive lap records around the globe after its new Civic Type R set a blistering new time at the Hungarian ‘Hungaroring’ GP circuit. The latest record was set by former F1 world champion and current Super GT race driver Jenson Button, […]