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Electric vehicle sales on track to overtake last year's total by June
News
5 days ago
2 min read

Electric vehicle sales on track to overtake last year's total by June

Sales of electric vehicles in Australia are on track to eclipse 2020 figures by the middle of this year, according to latest data from the Federal Chamber of Automotive Industries (FCAI). A total of 1255 electric vehicles have been reported as sold to the end of April, a 128.4 per cent increase over the same period last year. If the current trajectory of growth is maintained, Australians will have bought more EVs by the end of June than they did in all of 2020.
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Rob Margeit
2021 Porsche 911 GT3 price and specs: $369,700 before on-road costs for track-focused sports car
News
8th Apr 2021
2 min read

2021 Porsche 911 GT3 price and specs: $369,700 before on-road costs for track-focused sports car

The 2021 Porsche 911 GT3 is now available to order in Australia, ahead of first local deliveries in the second half of the year. Priced from $369,700 before on-road costs, the new 911 GT3 slots into the Porsche coupe range between the $291,800 Carrera 4S, and the $396,500 Turbo (all quoted prices exclude on-road costs).
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Alex Misoyannis
Porsche increases stake in Rimac, opens door for Bugatti takeover
News
23rd Mar 2021
1 min read

Porsche increases stake in Rimac, opens door for Bugatti takeover

Volkswagen Group subsidiary Porsche has increased its stake in Croatian brand Rimac Automobili, opening the door for a long-rumoured takeover at Bugatti. Last year CarAdvice reported an alleged agreement between the two companies could see Porsche incrementally increase its stake in Rimac to as much as 49 per cent by mid-2021. In return, Rimac would acquire the Bugatti name from the Volkswagen Group without money swapping hands.
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William Davis