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Big rev Corvette

GM Specialty Vehicles (GMSV) has confirmed Australia will be among the right-hand drive markets to receive the 2023 Model Year Corvette Z06. The high performance Z06 is the pinnacle of the Corvette sports car range but has previously only been available in left-hand drive. Confirmation of the all-American supercar follows the September arrival of Australia’s first right-hand drive C8 Corvettes: its first production run sold out in record time. The more potent Z06 debuts a naturally aspirated 5.5L DOHC V8, with its flat-plane crank enabling a heady 8600rpm rev ceiling, and bristling outputs of 500kW/623Nm. It’s been a big first year for GMSV, which rose from the ashes of Holden in 2020, and has since launched a model portfolio comprising the Chevrolet Silverado LTZ Premium, LT Trail Boss and Silverado Heavy Duty LTZ Premium, as well as the C8 Corvette.

P For more, visitgmspecialtyvehicles.com

auto news. The latest developments in the car world

Outstanding Outlander

Described by Mitsubishi execs as “a game changer that will set new benchmarks for the brand in Australia”, the 2022 Outlander has plenty riding on its shoulders. And those shoulders are broader and stronger, thanks to this fourth-generation model having undergone a ground-up transformation. Based on the same platform as the Nissan X-Trail and powered by its 2.5-litre four-cylinder petrol engine, albeit with specific Mitsubishi tuning, the new Outlander has made changes in almost every area, including interior space, refinement, technology and safety. Prices range from $34,490 (MRLP) for the Outlander ES all the way to $49,990 (MRLP) for the Outlander Exceed Tourer AWD. We drove the second-from-top Outlander Exceed AWD ($47,490) and came away impressed by its practical seven-seat layout, engine performance and luxury fit-out. The 135kW/245Nm engine drives through a CVT auto and all-wheel drive system with six different traction modes. It’s smooth and reasonably responsive, but no fire-breather. On the road it feels bigger and more substantial than its predecessor, with a long-legged ride that’s tuned more for comfort than cornering.

Number crunch: safety car standards

Australian Design Rules (ADR) have been introduced, mandating autonomous emergency braking (AEB) in light vehicles. ANCAP SAFETY says this will ensure all new vehicles will have the technology by 2025.

89.5%

Percentage of all new light vehicle sales that are currently available with AEB, totalling 222 models.

580

Number of lives that could be saved by mandatory AEB.

55%

The reduction of policereported crashes that studies have shown AEB delivers, along with a 40% reduction in rearend crashes and 28% reduction in vehicle occupant trauma.

20,400 Serious injuries which will be prevented by the implementation.

Keep the classics rolling

Classic car owners worried about what a zero emissions vehicles future might mean for their pride and joy can take heart from a trial Porsche is involved with to develop “nearly CO₂ neutral” e-fuel. The German sports car maker has invested in the development of a new Chilean manufacturing plant that will produce fuel for its own race cars, and customers with older internal combustion powered models. Porsche has committed billions to the electrification of its range, but with approximately 70% of all Porsches ever built still on the road today, the development of a viable renewable fuel source is seen as a vital step. Porsche claims the use of e-fuel will make it possible to reduce fossil CO₂ emissions in combustion engines by up to 90%, and plans to use the first fuel from the Chilean plant in the Supercup race series from 2022.

Electric dreams

Australia’s first locally designed and manufactured electric motorcycle is set to roll off a Melbourne assembly line in late 2022, thanks to state and federal government funding that has helped make it a reality. Melbourne-based Savic Motorcycles confirmed it will move from prototype to manufacturing stage with its C-Series cafe racer, following completion of a $1.83 million capital raise, which included contributions from the Victorian State Government and the Federal Government’s Advanced Manufacturing Growth Centre. Former Ford Australia automotive engineer Dennis Savic and Perth-based designer Dave Hendroff have been working on their electric bike concept for many years. The high-performance electric motorcycle is stylistically based on 1970s cafe racers and comes in three variants with different prices, power outputs and range. Pricing starts from $12,990 for the C-Series Omega, rising to $23,990 for the C-Series Alpha with 60kW of power, 200km of range and rapid 0–100km/h acceleration of just 3.5 seconds.

Make your investment go the distance

NET RETURN ON INVESTMENT

NET RETURN ON INVESTMENT

CURRENT PERFORMANCE:

LAST QUARTER PERFORMANCE:

2.38%p.a* 2.35%p.a*

LAST YEAR PERFORMANCE: 2.42%p.a*

Returns are net of fees and are likely to change in line with changes in market interest rates. Past performance is not a reliable indicator of future performance. There is a risk that an investment in the fund will achieve lower than expected returns. An investment in the fund is an equity investment in a managed investment scheme. It is not a bank deposit. An investor faces a higher risk of losing some or all their investment than is the case with a bank deposit. This information does not take into account the investment objectives, financial situation or particular needs of any investor. Before making any investment decision, investors should consider taking professional advice.

Professional, personal, face–to–face service. Call the MCMF team today.

1800 00 MCMF (1800 00 6263) mcmf.com.au 10 Victoria St Hobart 7000 85b George St Launceston 7250

*Average annualised rate for the year/quarter/week ending 16/12/21. Investors interested in investing in the Fund must complete an application form attached to the current Product Disclosure Statement that is available from Murdoch Clarke Mortgage Fund 10 Victoria Street, Hobart, 85b George Street, Launceston or at www.mcmf.com.au. Murdoch Clarke Mortgage Fund ARSN 093 255 559 Responsible Entity: Murdoch Clarke Mortgage Management Limited ABN 84 115 958 560 Australian Financial Services Licence Number 296758 Australian Credit Licence Number 296758

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