Saab might be making a comeback thanks to two Asian investors that have expressed interest in a possible revival of the Saab name, having recently contacted the owners of the now defunct car manufacturer. National Electric Vehicle Sweden AB is the investment group that bought Saab Automobile in 2012, and […]
Industry
Spyker files for voluntary bankruptcy equivalent in Netherlands
Spyker has confirmed that is has filed for a “voluntary petition for financial restructuring” in a Dutch court, the equivalent of filing for bankruptcy under the American Chapter 11 proceedings. The District Court of Midden-Nederland in Lelystad, in the Netherlands, has granted Spyker a temporary moratorium of payment while it […]
Australian vehicle sales for November 2014 – Mitsubishi ASX shines
Australian new vehicle registration VFACTS figures for November 2014 are out, giving us a clear indication on what will be the best-selling vehicles of the year. On initial glance, Mercedes-Benz is storming through the mid-size premium segment with the sleek new C-Class, while the new Lexus NX SUV was in […]
Top 10 reasons to buy a car using online car broker services
Buying a new car is a daunting task. First you need to find the make and model that you want, and even if you have your heart set on it, chances are you’ll stumble across another car that could be better value or offer even more performance for the price. […]
Mazda tops Australian J.D. Power customer satisfaction study
US global marketing and data collecting firm J.D. Power has released its Australian Customer Service Index study for 2014. Mazda has been rated the best automobile manufacturer in the country for aftersales and service experience for the second consecutive year, while Volkswagen comes in last for the third year in […]
VW investing $106 billion to overtake Toyota as largest carmaker
The battle to become the world’s largest manufacturer is well and truly heating up, with Volkswagen announcing it will invest US$106 billion over the next five years to meet its goal of becoming the biggest auto manufacturer by 2018. Volkswagen has shed some insight on its new business plan which […]
Joss secures $35 million funding for JP1 supercar
Australia’s first supercar manufacturer is one step closer to a 2017 release, having secured major funding from a local investor. The company has also secured a partnership with a major German auto manufacturer that will provide the engine. The manufacturer is called Joss and is the creation of Matthew Thomas, […]
PerformanceDrive announces free online car buying service
PerformanceDrive is proud to introduce you all to our new car buying service. For anyone that has bought a new car before, we’re sure you’ll agree it can be a stressful and sometimes frightening undertaking. That’s where we can help. Using bulk-buying power and access to a nation-wide dealer network, […]