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Hidden message in BMW M3 and M4 teaser photos
News
4th Jul 2020
2 min read

Hidden message in BMW M3 and M4 teaser photos

BMW appears to be having some fun with its eagle-eyed fans, by putting hidden messages in its latest teaser photos. Fresh images of the yet-to-be-revealed 2021 M3 and M4 have been posted to Instagram, with a discreet message from BMW to anyone attempting to get a clearer picture of the exterior designs.
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Susannah Guthrie
Around the tracks: An expensive accidental Tesla order and a Porsche retrospective
News
3rd Jul 2020
4 min read

Around the tracks: An expensive accidental Tesla order and a Porsche retrospective

When we’re not creating it ourselves, the CarAdvice team spends a lot of time finding and consuming motoring content from all over the world. Here’s a handful of the photos, articles, videos or social media posts that most caught our eye last week. Some of them are brand new, others have been online for a while. Enjoy them – just not too much, okay? There are expensive mistakes and then there's... this story.
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Susannah Guthrie
Sales of Tesla models surpass expectations by 22 per cent
News
3rd Jul 2020
1 min read

Sales of Tesla models surpass expectations by 22 per cent

Tesla has far exceeded analysts' expectations in the second quarter of 2020, with the electric car company recording global sales of 90,650. Analysts had predicted the company would sell 74,130 over the period. Tesla's surprise announcement was 22 per cent above analysts' predictions, leading to yet another surge in its stock. Yesterday Tesla overtook Toyota as the most valuable car company in the world.
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Ben Zachariah
What crisis? New-car sales surge in June 2020, best result in 12 months
News
3rd Jul 2020
4 min read

What crisis? New-car sales surge in June 2020, best result in 12 months

Australians treated themselves to more than 110,000 new cars in June 2020 – the strongest monthly result since June last year and better than was widely anticipated – as most of the nation gradually emerged from COVID-19 lockdowns.
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Joshua Dowling
McLaren secures $270 million loan – report
News
2nd Jul 2020
1 min read

McLaren secures $270 million loan – report

McLaren has secured a £150 million (AU$270 million) loan this week, easing the British supercar maker’s financial pressures after months of uncertainty about its future. As reported by news agency Reuters, McLaren was able to secure the funding in a loan from the National Bank of Bahrain. The report notes Mumtalakat Holding Co. – a majority shareholder in McLaren – is a Bahrain-owned sovereign wealth fund.
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Liam Murphy