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Ferrari Luce EV likely to be more expensive than expected – report

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The first EV from Ferrari will reportedly be one of its most expensive models to buy, but pricing will not be official until next month. Ferrari has set a preliminary price for the Luce electric vehicle (EV) of approximately €550,000 ($AUD900,000), making it potentially more expensive than exotic supercars like the SF90 Stradale. This is according to a Bloomberg story, which reports a €50,000 ($AUD81,000) increase over the price reported by Reuters in June of 2024. When the car premieres on 25 May, the final sticker price for Ferrari’s first electric model could deviate by up to 10 per cent on either side, but it seems poised to be positioned even higher than the V12-powered Purosangue SUV that is available for $728,000 before on-road costs in Australia. The all-electric Ferrari Luce won’t be an SUV but is likely to be a grand touring wagon with rear doors, back seats, and a tailgate. Its interior, which has developed a love-hate relationship with fans since it was prev...
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Lynk & Co GT concept with 2.0s 0-100km/h claim is Chinese brand’s ‘Time to Shine’

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As a 10th anniversary present to itself, Geely-owned Lynk & Co unveiled a stunning GT car with performance credentials to shake established rivals. Chinese brand Lynk & Co has celebrated its 10th anniversary by revealing a stunning high-performance coupe at the Beijing motor show . The official name for the concept is, awkwardly, ‘Time to Shine’ but it’ll be referred to herein as the Lynk & Co GT concept. Lynk & Co refers to the coupe as “both a tribute and a statement of intent” for the brand, pointing to a possible production future. The styling carries elements from 12-cylinder Ferraris, with hints of 599 in the long bonnet, a window line from the 812 Superfast , and a visor-like front end that gives a nod to the current 12Cilindri . MORE: Lynk and Co cars from China coming to Australia with slightly less unfamiliar name Powertrain specifics for the electric GT Concept were not released, but Lynk & Co claims the GT Concept can accelerate from...
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F1 Australian Grand Prix to lose season-opening spot for 2027 – report

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A potential shake-up to the F1 calendar could see the Australian Grand Prix lose its coveted position as the season-opening race for 2027. Photo by Quinn Rooney/Getty Images Australia will reportedly be skipped as the first Grand Prix weekend of the F1 season for the first time in three years, with Bahrain tipped to take its opening spot on the 2027 calendar. According to PlanetF1 , the earlier conclusion of Ramadan in 2027 – finishing in the first week of March – opens the door for Bahrain to host Round 1 of the F1 season, with a provisional date of 14 March. Albert Park held the season-opening race from 1995 to 2019 in all but two years, before Melbourne was forced off the calendar in 2020 due to the COVID-19 pandemic , not returning until 2022. MORE: Lewis Hamilton and Kim Kardashian drift Tokyo streets in a Ferrari F40 Photo by Simon Galloway/LAT Images Bahrain then took over as the opener from 2021 to 2024, with Melbourne reclaiming the coveted slot last year....
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Toyota defends RAV4 price rises up to $6000

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The Japanese giant has argued new-generation technology and safety features make up for the new RAV4’s price hikes up to $5930. RAV4 Cruiser. Toyota has pointed to the “value proposition” offered by the new RAV4 after prices surged by up to $5930 with the switch to the new-generation model in showrooms now. The entry-level RAV4 GX now starts from $45,990 plus on-road costs – up $3730 – or about $50,000 drive-away, and climbs to about $65,000 drive-away for the top-of-the-range hybrid – before the plug-in hybrid, which exceeds $70,000, is considered. It may represent sticker shock for buyers upgrading from a five-year-old RAV4, as the RRP of today’s GX is higher than a well-equipped, front-wheel-drive Cruiser hybrid – with a sunroof, leather seats, and more – in 2021, before inflation. Few new cars are as affordable as they were five years ago, and Toyota argues the features built into the base model are worth the price rises. MORE: 2026 Toyota RAV4 to skip ANCAP safety r...
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Geely reveals new hybrid tech claimed to be significantly more efficient and powerful than Toyota

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While Toyota has been a dominant player in the hybrid space for decades, Chinese car giant Geely wants to take the technological lead. Geely has unveiled a new-generation hybrid powertrain technology at the 2026 Beijing motor show , which the car maker claims will set a new benchmark for efficiency. Separate to the electric and plug-in hybrid powertrain offerings already seen in Geely vehicles, this new ‘i-HEV’ closed-loop hybrid system (similar to Toyota’s layout) utilises a high-efficiency petrol engine and AI-driven software to achieve what Geely says is record levels of fuel efficiency. To that point, Geely has earned itself a Guniness World Record for the lowest level of fuel consumption from a mass-produced hybrid vehicle. MORE: Geely reveals EVA Cab autonomous robotaxi to rival Tesla, launching 2027 Set during a highway loop in the Chinese city of Hunan, a Geely Emgrand hybrid sedan demonstrated a consumption figure of 2.22L/100km. Using this new hybrid powe...
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The secret sticker inside your car that can save petrol

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Did you know your car has a sticker inside it with information that can help you save fuel? Here’s how to find it and why it’s important. Fuel is expensive right now. But you already knew that. Did you know, however, that having under-inflated tyres can make your car less fuel-efficient? RELATED: How a simple car tweak dramatically changed my fuel consumption According to the RACV , when your tyres are under-inflated, they create more ‘rolling resistance’, meaning you need to accelerate more, which puts pressure on your engine and makes it consume more petrol than it should. “For every 1psi drop in tyre pressure, fuel efficiency can decrease by up to 0.3 per cent, leading to higher fuel costs over time,” the RACV website states. Fortunately, there is a sticker inside your car called a ‘tyre placard’, which will tell you the recommended tyre pressure for your car. What does PSI mean? The measurement for tyre pressure most commonly used in Australia is called PSI, which st...
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GWM Tank 700 V8 confirmed, likely for Australia

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GWM’s flagship off-road SUV, the Tank 700, has been confirmed to receive a V8 petrol engine, with Australia likely to be one of the key markets for the new powertrain. GWM has confirmed its Tank 700 flagship off-road SUV will lead the roll-out of a newly-developed V8 petrol engine, alongside a high-performance supercar. At the 2026 Beijing motor show , GWM chairman Jack Wei told Australian media, including Drive , a future version of the Tank 700 “will also use a V8 engine”. “In the future, the Tank 700 will also use a V8 engine,” Wei said. “The supercar uses a high-performance V8, while the Tank 700 uses a normal V8. “This is completely opposite to the current environment or trend in China; it does not fit the Chinese market. MORE: GWM is developing a supercar ‘better’ than Ferrari “We developed this V8 to meet the needs of more global users, in markets such as Australia and New Zealand.” Details shared by GWM at the motor show suggest the petrol V8 will be twin-...
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