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JPMorgan Maintains Overweight Rating on Alphabet Inc. (GOOG) Amid Google Antitrust Case Concerns and Potential Apple ShiftDeep-pocketed investors have adopted a bullish approach towards BigBear.ai Hldgs BBAI , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BBAI usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 32 extraordinary options activities for BigBear.ai Hldgs. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 46% leaning bullish and 46% bearish. Among these notable options, 3 are puts, totaling $75,075, and 29 are calls, amounting to $2,330,271. Predicted Price Range Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $1.0 to $7.0 for BigBear.ai Hldgs over the last 3 months. Insights into Volume & Open Interest Looking at the volume and open interest is an insightful way to conduct due diligence on a stock. This data can help you track the liquidity and interest for BigBear.ai Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of BigBear.ai Hldgs's whale activity within a strike price range from $1.0 to $7.0 in the last 30 days. BigBear.ai Hldgs Option Activity Analysis: Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume BBAI CALL SWEEP BEARISH 01/15/27 $2.4 $2.3 $2.3 $3.50 $219.6K 9.6K 6.6K BBAI CALL TRADE BULLISH 01/15/27 $2.9 $2.6 $2.9 $2.00 $209.6K 1.6K 2.7K BBAI CALL SWEEP BEARISH 01/15/27 $2.8 $2.5 $2.5 $3.50 $141.0K 9.6K 8.3K BBAI CALL SWEEP BEARISH 01/15/27 $2.85 $2.8 $2.8 $2.00 $140.0K 1.6K 836 BBAI CALL SWEEP BEARISH 01/15/27 $2.55 $2.4 $2.4 $3.50 $131.0K 9.6K 633 About BigBear.ai Hldgs BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment and Analytics segment. Following our analysis of the options activities associated with BigBear.ai Hldgs, we pivot to a closer look at the company's own performance. Current Position of BigBear.ai Hldgs Trading volume stands at 93,999,331, with BBAI's price up by 21.59%, positioned at $4.54. RSI indicators show the stock to be may be overbought. Earnings announcement expected in 70 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest BigBear.ai Hldgs options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Membership of UK’s anti-immigration Reform party overtakes Conservatives British Prime Minister Rishi Sunak speaks during a Conservative general election campaign event, in London, Britain. —Reuters/File LONDON: Membership of Britain ́s upstart anti-immigration Reform UK party has overtaken that of the centre right Conservative Party for the first time, the party said on Thursday. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); Party leader and Brexit figurehead Nigel Farage hailed the figure an “historic moment”. Immigration was a major issue at the ballot box at the UK ́s July general election which saw the Conservatives ousted after 14 years in power. The digital counter on the Reform website showed a membership tally ticking past the 131,680 figure declared by the main opposition Conservatives during its leadership election earlier this year. “The youngest political party in British politics has just overtaken the oldest political party in the world,” wrote Farage on X. “Reform UK are now the real opposition.” Party chairman Zia Yusuf said the milestone showed the long “stranglehold on the centre-right of British politics by the Tories has finally been broken”. The last declared Conservative Party tally was the lowest on record and a drop on 2022 when there were around 172,000 members. Reform won five seats in the 650-seat UK parliament in July, although it received roughly 14 percent of total votes cast. Reform maximised the damage to the Conservatives by splitting the right-wing vote and picking up former Tory supporters in key constituencies.Global Commercial Real Estate (CRE) Software Market Size, Share and Forecast By Key Players-Brokermint,CoStar,Tranquil CRM,Altus Group,Buildout 12-23-2024 07:52 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Commercial Real Estate (CRE) Software Market USA, New Jersey- According to the Market Research Intellect, the global Commercial Real Estate (CRE) Software market is projected to grow at a robust compound annual growth rate (CAGR) of 12.5% from 2024 to 2031. Starting with a valuation of 10.11 Billion in 2024, the market is expected to reach approximately 20.5 Billion by 2031, driven by factors such as Commercial Real Estate (CRE) Software and Commercial Real Estate (CRE) Software. This significant growth underscores the expanding demand for Commercial Real Estate (CRE) Software across various sectors. The Commercial Real Estate (CRE) software market has experienced significant growth due to the increasing complexity of managing commercial properties and the demand for more efficient operations. As businesses look to streamline property management, leasing, and investment processes, CRE software provides essential tools for data analysis, reporting, and portfolio management. The integration of advanced technologies such as Artificial Intelligence (AI), Big Data, and cloud computing has further enhanced the capabilities of CRE software, allowing for better decision-making, predictive analytics, and real-time updates. Additionally, the market is driven by the growing trend of digitization in real estate, with property owners, brokers, and investors adopting digital solutions to improve efficiency and reduce operational costs. With the real estate sector's continued expansion, the CRE software market is set to continue growing, enabling companies to enhance productivity and stay competitive. The dynamics of the Commercial Real Estate (CRE) software market are influenced by technological advancements and shifting industry needs. Key drivers include the increasing demand for data-driven insights, as businesses seek to optimize asset management and investment decisions. AI and machine learning are playing a significant role in improving property valuation, market forecasting, and tenant relationship management. Additionally, cloud-based CRE software is gaining traction, offering scalability, flexibility, and cost-efficiency for companies of all sizes. The rise of mobile applications and digital platforms further enhances customer engagement and operational efficiency. However, challenges such as the complexity of integrating new software with existing systems and the high upfront costs of implementation may pose obstacles for some businesses. Despite these challenges, the market's continued digital transformation and the demand for smarter real estate solutions are expected to drive ongoing growth. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=10410280&utm_source=OpenPr&utm_medium=049 Key Drivers: The growth of the Commercial Real Estate (CRE) Software market is driven by several key factors. Technological advancements in Commercial Real Estate (CRE) Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Commercial Real Estate (CRE) Software and Commercial Real Estate (CRE) Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Commercial Real Estate (CRE) Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Commercial Real Estate (CRE) Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Commercial Real Estate (CRE) Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Commercial Real Estate (CRE) Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=10410280&utm_source=OpenPr&utm_medium=049 The following Key Segments Are Covered in Our Report By Type Cloud Based On-premises By Application Broker Investor/Appraiser Property Manager Major companies in Commercial Real Estate (CRE) Software Market are: Brokermint,CoStar,Tranquil CRM,Altus Group,Buildout,MRI Software,Apto,REthink,PropertyMetrics,Oracle,AscendixRE,Ascendix Technologies,ClientLook,CommissionTrac,Realhound,Sell.Do,Forbury,VTS,SharpLaunch,Reonomy,ARGUS,Quarem,Valcre,Affinity.co Global Commercial Real Estate (CRE) Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Commercial Real Estate (CRE) Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Commercial Real Estate (CRE) Software and Commercial Real Estate (CRE) Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Commercial Real Estate (CRE) Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Commercial Real Estate (CRE) Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Commercial Real Estate (CRE) Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Commercial Real Estate (CRE) Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Commercial Real Estate (CRE) Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Commercial Real Estate (CRE) Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Commercial Real Estate (CRE) Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Commercial Real Estate (CRE) Software market? Answer: The Commercial Real Estate (CRE) Software market was valued at approximately 10.11 Billion in 2024, with projections suggesting it will reach 20.5 Billion by 2031, growing at a CAGR of 12.5%. 2. What factors are driving the growth of the Commercial Real Estate (CRE) Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Commercial Real Estate (CRE) Software, advancements in Commercial Real Estate (CRE) Software technology, and the adoption of Commercial Real Estate (CRE) Software across various sectors. 3. Which regions are expected to dominate the Commercial Real Estate (CRE) Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Commercial Real Estate (CRE) Software. 4. Who are the key players in the Commercial Real Estate (CRE) Software market? Answer: Prominent companies in the Commercial Real Estate (CRE) Software market include Commercial Real Estate (CRE) Software, Commercial Real Estate (CRE) Software, and Commercial Real Estate (CRE) Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Commercial Real Estate (CRE) Software market face? Answer: The market faces challenges such as Commercial Real Estate (CRE) Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Commercial Real Estate (CRE) Software market? Emerging trends include the integration of Commercial Real Estate (CRE) Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Commercial Real Estate (CRE) Software market? Answer: Businesses can leverage growth opportunities in the Commercial Real Estate (CRE) Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Commercial Real Estate (CRE) Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Commercial Real Estate (CRE) Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/commercial-real-estate-cre-software-market/?utm_source=OpenPr&utm_medium=049 https://www.linkedin.com/pulse/hev-nickel-foam-market-size-forecast-industry-e9qif/ https://www.linkedin.com/pulse/automotive-air-conditioners-consumption-market-ka0tf/ https://www.linkedin.com/pulse/raman-spectroscopy-market-size-forecast-key-iboxf/ https://www.linkedin.com/pulse/diagnostic-electrophysiology-ep-catheters-market-pt7lf/ https://www.linkedin.com/pulse/passenger-car-starting-battery-market-size-invzf/ https://www.linkedin.com/pulse/china-voip-market-size-forecast-impact-technology-gqnaf/ https://www.linkedin.com/pulse/electric-chafing-dish-consumption-market-size-65cef/ https://www.linkedin.com/pulse/orthopedic-support-cervical-vertebra-market-dct9f/ https://www.linkedin.com/pulse/angle-sensors-market-size-forecast-trends-insights-mn0nf/ 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Facebook Twitter WhatsApp SMS Email Print Copy article link Save TRENTON — Debra White, the state’s new “homelessness czar,” has been on the job since September, but Tuesday state officials announced the “first-ever coordinated resource effort with the City of Atlantic City, nonprofit organizations, and healthcare providers is underway.” The plan is to end chronic homelessness through collaboration, enhanced services and housing over the next three years, the New Jersey Department of Community Affairs said in a news release. “Atlantic City faces distinct challenges in addressing homelessness, including seasonal employment that affects housing stability and a concentration of social services that attract people in need from across the region,” Gov. Phil Murphy said in the release. White, of Atlantic City, was hired at a salary of $110,000, a state spokesperson has said. She has a master’s degree in business administration from Rosemont College and a bachelor’s degree in accounting from LaSalle University. Ocean City group has no shortage of ideas for area near Gillian's Wonderland Contractors continue to remove rides at former Gillian's Wonderland site in Ocean City 'Great Day Express' takes its maiden voyage to Big SNOW at American Dream Mall Body found in fridge in Belleplain State Forest 'He was one of a kind': Ex-Beach Haven lifeguard chief recalls officer killed in North Carolina shooting DEEM says financing ready to start Bader Field development in Atlantic City Long Beach Island fire damages multimillion-dollar bayfront home Atlantic City police officer accused of assaulting, pointing gun at wife Lower Township man charged with possession of child porn New Jersey 'homelessness czar' at work in Atlantic City, DCA says 2 Wildwood men accused of sexually assaulting juveniles The heartbeat of Atlantic City: How Midtown is redefining its future Who are The Press' 2024 High School Football All-Stars? Who are The Press' football Player, Team and Coach of the Year? Mays Landing's Level Up comic and video game shop to close after 18 years Her previous job was director of business services for the Chelsea Economic Development Corp., a nonprofit that works to improve the quality of life in the Chelsea neighborhood of the city. “We can get to a point where we’re either preventing homelessness before it occurs or addressing it so quickly that a person’s homelessness is very brief and nonrecurring,” DCA Commissioner Jacquelyn A. Suárez said in the release. Suarez said White will use real-time data tracking, stakeholder engagement and partnership, and a “laser focus” to find solutions to homelessness. Others joining the effort include Collaborative Support Programs of New Jersey, AtlantiCare, Jewish Family Service of Atlantic & Cape May Counties, and the Atlantic County Continuum of Care. Atlantic City is getting some help addressing homelessness — a tough problem that has persisted for decades in spite of the efforts of dozens of nonprofits and government agencies. Mayor Marty Small Sr. said the city has been working hard to address homelessness, and has made some strides, but looks forward to this partnership with the DCA and others. In 2023, the city and its Boardwalk Improvement Group began efforts to make visitors and residents feel safer on the Boardwalk. That effort included starting a homeless outreach initiative that sends social workers out daily to engage with the unhoused. BIG was started by the city, state and Casino Association of New Jersey, Small said at an October 2023 news conference. “We hired 10 full-time people and a plethora of trucks and other equipment to give us the tools (to succeed),” Small said as he stood on a section of Tennessee Avenue between Atlantic and Pacific avenues during the news conference. It’s an area frequented by folks who loiter and panhandle, Small said. “These people are not ‘Atlantic City homeless.’ These people just happen to be in Atlantic City,” Small said at the time. “I say it all the time, it’s Greyhound therapy.” That’s a term used to describe other municipalities sending their neediest to Atlantic City on buses for help. Keeping the Atlantic City Boardwalk safe and clean is a 24/7 job, and now city workers have a Boardwalk Improvement Group behind them whose work is in full swing, Mayor Marty Small Sr. said during a Monday news conference. “Why? Because we have supreme social services,” Small said. About 3 in 10 people contacted by city workers actually want to be helped, said Kenneth Mitchem, city director of community services. The others decline services. The effort is funded by Clean and Safe funds, part of the amended casino payment-in-lieu-of-taxes bill, Small said. A July news conference updated the public on what the city was doing to address safety on the Boardwalk after a series of damaging fires there, some of which were started by homeless encampments. “We’ve brought all the departments of the city together,” Fire Chief and Emergency Management Coordinator Scott Evans said at the time. “The first time — I’ve been here 37 years — in my memory that we have every single department and outside agencies together working from a single playbook.” The fires were threatening the Boardwalk’s future as the city was embarking on a $26 million Boardwalk rebuilding project. City workers were not only clearing homeless encampments from under the historic structure, they also were clearing encampments citywide, and encouraging those living in them to accept help, officials said then. The news conference started at New Jersey Avenue and the Boardwalk, between the Ocean and Hard Rock casinos, where public works employees routinely clear up encampments and Health and Human Services employees and police regularly engage with the homeless. As Atlantic City continues to deal with homeless people living under and around its iconic Boardwalk, the mayor says the new Boardwalk Improvement Group has been working since early this year to make visitors and residents feel safe there. Watching the news conference was “AC Batman” Curtis Douglass Bordley, who said he chooses to be homeless in the summer in Atlantic City, where he dresses as Batman and accepts donations from people in exchange for photos. “I’ve had life-and-death encounters,” Bradley said of being attacked while on the street. “I’ve had my jaw wired, been hit in the head with a bike lock.” But he said he now sleeps where there are cameras and he feels safer. White REPORTER: Michelle Brunetti Post 609-841-2895 mpost@pressofac.com Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter. Staff Writer Author twitter Author email {{description}} Email notifications are only sent once a day, and only if there are new matching items.Many auto brands have jumped head-first into completely overhauling their top-sellers and icons, and fallen flat. Volkswagen, for example, has had issues with its latest Mk8 Golf , which lost the number one sales spot in Europe after 14 years in 2022; the current Land Rover Discovery was a big departure from its predecessors and has paid the price for it in terms of sales; and Mercedes-AMG has tuned away V8 lovers by plopping a four-cylinder PHEV powertrain into its C63 and GLC63 . Know the news with the 7NEWS app: Download today Porsche avoided such blunders by making its first all-electric vehicle, the Taycan, a dedicated EV with no predecessor for loyalists and statisticians to benchmark it against. But now, the hallowed German performance vehicle brand’s top-selling Macan has gone EV-only as key markets around the globe continue to tighten emissions regulations. Since the nameplate debuted 10 years ago, the Macan has cemented itself as the world’s favourite Porsche. Over its decade-long lifespan it offered a range of four-cylinder and six-cylinder (inline and V6 respectively, not boxer) engines, and has long been lauded as the driver’s pick in the mid-sized premium SUV class. Fast forward to 2024, and the second-generation ‘Macan Electric’ has thrown the internal combustion engine out the window and adopted an all-electric platform and powertrains. Like the original, however, it was co-developed with Audi and has strong genetic links to a sister SUV from the Ingolstadt brand – this time in the Q6 e-tron rather than the Q5 . Regardless, the Stuttgart carmaker reckons the battery-powered MkII Macan is better than its ICE forebear in just about every metric. It’s quicker and more tech laden, thanks in part to Porsche’s learnings from the standard-setting Taycan sedan and wagon. This sounds like a sure-fire recipe for success, but is it? To find out, we attended the Australian media launch of the new Macan in Brisbane to see if the new and much more expensive Macan EV is a fitting sequel to the popular original. How much does the Porsche Macan cost? The move to entirely battery-electric powertrains has bumped up the price of the Macan significantly, with even the entry-level single-motor ‘Macan’ costing over $30,000 more than the outgoing petrol variant it replaces. For reference, the previous Macan petrol range remains on sale while stocks last – see below for MY25 pricing. To see how the Porsche Macan lines up against the competition, check out our comparison tool What is the Porsche Macan like on the inside? If you’ve sat in the latest Cayenne or the Taycan , you’ll feel at home in the new Macan. A big part of the generational jump here includes an increased level of interior digitalisation, as seen in Porsche’s larger models – think Cayenne and Panamera, as well as the Taycan. But while the cabin tech upgrades are significant, the overall design and execution isn’t all that different to the most recent iteration of the old Macan, with familiar ergonomics and switchgear. Perhaps the biggest change is the new 12.6-inch digital instrument cluster, which is taken straight from those aforementioned models. It’s super sharp with buttery smooth animations, and offers a range of customisable layouts to suit different tastes. You can also option a swish augmented reality (AR) head-up display, but it’ll cost you $4120! The central infotainment system is likewise a sharp unit, based on the Android Automotive operating system. With its 10.9-inch touchscreen cleanly integrated into the dashboard, it offers connected services, third-party app compatibility, and requisite functions like wireless Apple CarPlay/Android Auto, and embedded navigation. If you’re the particularly techy type, or have kids (or other passengers) in need of something to distract them while you’re on the road, you can also option an additional 10.9-inch touchscreen ahead of the front passenger, which is like a ‘lite’ version of the central display. Personally, I think it’s a bit naff and not worth the $2700 spend. As you’d expect, the overall ambience and sense of quality is right up there with the best in this segment, even if the piano black surfaces are vulnerable to fingerprint marks and hairline scratches after wiping dust off. The toggle-style climate controls mixed in with touch capacitive buttons is very modern Porsche, and while the latter are fiddly there’s nice clicky feedback from both the physical toggles and the touch buttons. Storage is pretty good but not overwhelmingly so, with a range of nooks and crannies to stow your odds and ends. I like the damped drawer lid over the wireless phone charger, which stops your phone flying around when you’re giving it a squirt up a winding B-road or on the racetrack – unlike the Polestar 4 we drove recently. Up front we sampled a couple of different seat specs in various vehicles, and the standard Comfort seats with 14-way electrical adjustment are fine – though the 18-way adaptive sports seats are even better. The optional ventilated front seats helped quite a bit during a hot and humid Queensland day, though $1710 is a pretty penny. You can even get massaging with ventilation, for a ‘cool’ $2860. In the second row, the Macan has never offered limousine levels of passenger space, but nor have rivals like the Q5, BMW X4 or Mercedes-Benz GLC Coupe. Thankfully though, there has been a small but noticeable improvement to most dimensions, which now allow 6’1′′ me to sit behind 6’1′′ me snugly. Standard rear seat amenities include a fold-down centre armrest with cupholders, bottle holders in the doors, and directional air vents. You can option luxe four-zone climate control, but that’ll cost you $810 on all but the Turbo. It’s disappointing that the added 86mm in wheelbase hasn’t resulted in a similar improvement in rear passenger accommodation, given the Macan is often bought by families with multiple children. Further back, the Macan’s boot has grown to 540 litres with all seats in place, which is up around 50 litres on the old model. That grows to 1348 litres with the rear seats folded. There’s additional 84 litres of storage under the bonnet, in lieu of an internal combustion engine. It’s accessed via a touch-capacitive lid that can be opened by swiping your hand across the lower end of the shut line – though my attempt to film it for an Instagram reel required a few takes because it didn’t seem to respond every time. To see how the Porsche Macan lines up against the competition, check out our comparison tool What’s under the bonnet? Gone is the internal combustion engine, which is replaced by the aforementioned front storage area that’s more in line with the company’s rear-engined sports cars, come to think of it... It’s worth noting that all Macan variants offer an overboost function that raises the maximum power output by about 10 per cent when using launch control. The claimed 0-100km/h times above are using launch control, too. Also worth noting is that Porsche Cars Australia’s range claims are based on the ECE standard, which is more closely based on the older NEDC measurement than the newer, more accurate WLTP protocol. To see how the Porsche Macan lines up against the competition, check out our comparison tool How does the Porsche Macan drive? Perhaps the most important question here is: “does it still drive like a Porsche Macan?” In short, the answer is “mostly yes”. There’s certainly added urgency from its various electric drivetrain options to go with the welcome boost in interior tech levels, which brings the new Macan into line with the best rivals from premium and luxury brands. Our two-day launch event started with a drive from Brisbane airport down to Norwell Motorplex south of Queensland capital, followed on day two by a picturesque road drive from Brisbane through the hinterlands to the Gold Coast. The launch program centred around the Macan 4 and Turbo, since the base Macan and the 4S are still on the way to Australia despite already being on sale. We’ll bring you reviews of those when we can get behind the wheel. On the freeway, the Macan felt solid, secure and responsive. We started in a Turbo fitted with a number of options including big 22-inch wheels with carbon-fibre inserts, which cost nearly $15,000 (eek!) according to the local configurator. Even with the big rims and liquorice-thin rubber, the air-sprung Macan Turbo was comfortable over road imperfections and maintained great body control at everyday cornering speeds and on the highway. Road noise and wind noise were also impressively hushed. It’s worth calling out here the Macan’s impressive 0.25Cd drag coefficient figure, which no doubt aids the latter. And I continue to marvel at the ability of Porsche engineers to calibrate what I believe to be the perfect steering calibration when it comes to balancing response, weight and feedback, even in an SUV like the Macan. The Macan’s tiller feels incredibly accurate and the quick ratio means you aren’t twirling the wheel to do basic manoeuvres like you might in some other SUVs. It also has a great, weighty feeling about centre. At Norwell Motorplex we were given ample time to test out the Macan’s dynamic capabilities across a variety of exercises including a motorkhana-style handling course, drifting on the wet skid pan, 0-100km/h runs using launch control, and guided laps around the tight and technical circuit. The motorkhana was good fun and a great opportunity to test out the Macan 4’s sweet handling balance, while the launch control tests really demonstrated the Turbo’s monstrous 1130Nm of torque from standstill. We didn’t hook up timing gear, but it feels every bit as quick as the official 3.3-second claim, which based on Porsche tradition is likely a low-ball figure. On the skid pan we got the chance to get the Turbo a little sideways, upsetting the balance of the vehicle by opening the throttle on a rotating plate then getting skiddy on the wet concrete. The final exercise comprised a couple of guided laps around the tight circuit in the 4 and the Turbo, which again revealed the 4 to be the more balanced and sweeter steerer; the Turbo in comparison felt a little too powerful and heavy to be thrown around at pace on a circuit better suited to lightweight sports cars. On the road drive the following day, both variants proved to be lovely tourers, combining superb general comfort and refinement with strong performance, great steering feel, and eager handling. The Macan 4’s circa-75kg weight advantage is due to the smaller and less powerful electric motor on the rear axle relative to the Turbo, and there definitely is a sense that it is the lighter and more agile handler of the two. Keep in mind that even a V8-engined Cayenne is lighter than the Macan Electric... As we experienced on track at Norwell, the Turbo almost feels like too much in the sense that it’s so quick you can’t have much fun with it. Plus, its 2.4-tonne heft can’t defy physics in the kind of tight and technical conditions we drove it on during this event. I’m also not sure that many existing Macan owners will be particularly enamoured by the Porsche Electric Sport Sound, even if the old car’s turbocharged V6s weren’t particularly pleasing to the ear. The synthesised ‘engine’ note is standard in the Turbo and optional in lower grades, and while it works in the Taycan it lacks a bit of soul compared to the new Macan’s petrol forebears. The lack of one-pedal driving might also be irksome for a traditional EV buyer, but I’d imagine Porsche customers prefer the more conventional experience of controlling the brakes themselves. I’m also in the latter camp when it comes to driving an EV in a more dynamic manner. While it has grown in most dimensions, the Macan handles mostly like a smaller car, with the quick steering pointing a nose that’s eager to turn in, and a taut chassis that minimises body roll even during spirited on-road driving. As I noted earlier, it’s a really sweet thing to steer, and you don’t have to be driving at 10-10ths to enjoy it. To be frank, you’d almost never be driving the Macan at the limit anyway – it just isn’t that kind of vehicle. There’s heaps of grip and even in the 4 you can blast out of apexes early than anticipated with immediate, clinical effect, thanks to 650Nm of twist from the moment you prod the throttle. It really gives you the confidence to have a little fun on tight and twisty roads in a way that not a lot of SUVs do. That said, something like a Hyundai Ioniq 5 N delivers a more focused and sports car-like experience that will better suit keen drivers looking to dip their toes into the EV world – yes, Hyundai’s electric SUV is that good. Porsche has never been known for its ‘hands-off’ driving tech, but when the roads straighten out you can make use of the expanded and intuitive suite of driver assistance functions available in the new Macan. The adaptive cruise control does an excellent job of maintaining a set speed while managing the distance between you and a vehicle in front, without jerking the brakes or seesawing the speed. However, there’s no Active Lane Keeping function like in the Cayenne, which basically facilitates semi-autonomous driving on the freeway. There is a more basic lane keep assist system, which will counter-steer and alert you if you start drifting out of your lane, and there are handy blind-spot monitoring and rear cross-traffic alert sensors that compensate for the Macan’s coupe-like roofline and thick C-pillar. Even better, the surround cameras (standard in Australia) make parking this 4784mm-long, 1938mm-wide electric SUV a much easier process – there are no excuses for dinged bumpers or scraped alloys. To see how the Porsche Macan lines up against the competition, check out our comparison tool What do you get? Porsche is pretty vague about the standard specifications of its vehicles, though Porsche Cars Australia does detail additional equipment for our market compared to the global spec. Macan equipment highlights: Macan 4 adds: Macan 4S adds: Macan Turbo adds: Australian additional equipment – all models: Australian additional equipment – select models: To see how the Porsche Macan lines up against the competition, check out our comparison tool Is the Porsche Macan safe? The new Macan Electric hasn’t been tested by ANCAP or Euro NCAP yet. Its predecessor scored five stars in 2014, though this rating for the outgoing model has expired. Standard safety features include: As noted earlier, some standard safety features in Australian-spec Macans are in addition to the global standard specification. To see how the Porsche Macan lines up against the competition, check out our comparison tool How much does the Porsche Macan cost to run? Porsche Cars Australia persists with a three-year, unlimited-kilometre warranty, which lags behind its competitors. Also unlike its key rivals, Porsche doesn’t do advertised or capped service pricing, meaning prices can vary between Porsche Centres. Sadly, there’s also no official partnership or charging subscription tied to any public charger providers. To see how the Porsche Macan lines up against the competition, check out our comparison tool CarExpert’s Take on the Porsche Macan Porsche has managed to maintain the essence of the Macan in this all-electric sequel, but it didn’t quite wow me like I thought it would, given how much I loved the heavily upgraded Taycan. Make no mistake, it feels unmistakably Macan in flavour, in that it’s a comfortable, refined and punchy mid-size luxury crossover wagon with one of the sweetest steering calibrations in the segment. Despite its weight, that shouldn’t come as a surprise since the old Macan was widely regarded as one of the world’s most dynamic SUVs. So the new all-electric underpinnings have unlocked more performance, but not necessarily better or more engaging handling. It’s quick – bloody quick in Turbo guise – but it’s also quite heavy and you can feel its mass more so than in the Taycan, particularly when you put it on a tight circuit like Norwell. Things get much better and more fun on a winding B-road, even if it’s a lot heavier than the old MLB-based original, making you hesitant to push like you would in one of Porsche’s sports cars, which is to be expected given this is an SUV. I’ve only driven the Macan 4 and the Turbo, but the lower-spec variants could well be my pick given they’re more than quick enough for the target demographic and will save you a big wad of cash for options and anything else you might want to funnel your funds towards. While the rear-drive Macan range-opener is the lightest and should be the most dynamic, the incoming 4S shapes as a potential sweet spot because of its improved performance while still maintaining a big price gap to the Turbo. Keep in mind, the 4S is quicker than even the fastest previous-generation Macan GTS. As you’d expect, the cabin is lovely and the new Macan offers more space than the old one, which has long been a key criticism. There’s also a much improved tech suite that brings the smaller and more attainable SUV in line with the larger Cayenne, as well as the likes of Porsche’s Taycan e-hero. But it’s still not all that big inside compared to some of its German rivals, and the lower grades in particular need a number of option boxes ticked to make the Macan feel properly special – and that can add up to some serious cash, on top of the substantial price increase for the new model, which means you’re pushing into Taycan territory. Then there’s the superficial stuff like the new exterior design, which appears to be polarising if the commentary on our site and socials is any guide, and the fact the departure of the old model’s combustion engines has taken a lot of the Macan’s soul with them. But with a more objective lens, the new Macan does a great job of transitioning into a sporty electric crossover, and continues to offer Porsche hallmarks like strong performance and fulsome handling. It will be interesting to see how warmly the original Macan’s traditional buyer demographic embraces the much more expensive and far quieter replacement for Porsche’s best-seller. Interested in buying a Porsche Macan? Get in touch with one of CarExpert’s trusted dealers here MORE: Everything Porsche Macan Pros ConsBluesky finds with growth comes growing pains — and bots
Sailors on two separate vessels have died during the amid . or signup to continue reading Two crew members sailing on Flying Fish Arctos and Bowline yachts were both killed when struck by a sail boom, a pole at the base of the sail. NSW Police was notified at 11.50pm on December 26 that a crew member on Flying Fish Arctos had been injured and couldn't be revived after fellow sailors performed CPR. The yacht was rerouted to Jervis Bay. Police were contacted again two and a half hours later, at 2.15am on December 27, with reports that a crew member on Bowline had died after being struck by a sail boom. Bowline was expected to arrive at Bateman's Bay on the morning of December 27. "Our thoughts are with the crews, family and friends of the deceased," the Cruising Yacht Club of Australia (CYCA) said in a statement. "Flying Fish Arctos was sailing approximately 30 nautical miles east/south-east of Ulladulla when the incident occurred. Fellow crew members performed CPR, but they could not revive their fellow crew," CYCA said. NSW-based 50-footer Flying Fish Arctos, built in 2001, had 12 crew members on board. "Bowline was approximately 30 nautical miles east/north-east of Batemans Bay and crew members administered CPR. A short time later officers from the Marine Area Command were informed that CPR had been unsuccessful," CYCA said. South Australia's Bowline had seven sailors on board for her third Sydney to Hobart race. "Further information will be provided as it becomes available." The yacht race continues as leading boats are expected to arrive at Hobart's Constitution Dock late on December 27 or early on December 28. Anna Houlahan reports on crime and social issues affecting regional and remote Australia in her role as national crime reporter at Australian Community Media (ACM). She was ACM’s Trainee of the Year in 2023 and, aside from reporting on crime, has travelled the country as a journalist for Explore Travel Magazine. Reach out with news or updates to anna.houlahan@austcommunitymedia.com.au Anna Houlahan reports on crime and social issues affecting regional and remote Australia in her role as national crime reporter at Australian Community Media (ACM). She was ACM’s Trainee of the Year in 2023 and, aside from reporting on crime, has travelled the country as a journalist for Explore Travel Magazine. Reach out with news or updates to anna.houlahan@austcommunitymedia.com.au Advertisement Sign up for our newsletter to stay up to date. We care about the protection of your data. Read our . AdvertisementPrivate Companies Cap Table Management Software Market 2024: A Decade of Phenomenal Growth AheadCalifornia to consider requiring mental health warnings on social media sites
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