A performance vehicle is any automobile that was built from the factory with speed(performance) in mind. The object of the vehicle is to be quick/fast. Price or where the vehicle was made does not matter only the vehicle's goal is in question.
A performance vehicle is an automobile such as a Ford Mustang GT to a McLaren F1.
Other examples are:
Acura NSX,BMW M5,Toyota Supra,Nissan 300ZX,Mitsubishi 3000GT/GTO,Ford GT,
Dodge Challenger,Chevrolet Corvette.