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Weekly Recap For 7.8.16 | Autoblog Minute

Senior Editor Greg Migliore recaps the week in automotive news, including a look at the new V12 hypercar coming from Aston Martin and Red Bull Racing. Aston Martin Jeep Autoblog Minute Videos Original Video autos Red Bull Racing hypercar am-rb 001

Weekly Recap: Geneva's splendor reflects growing demand for ultra-luxury cars

Geneva is one of the most glittering auto shows in the world, but the list of high-powered and bespoke luxury cars was decadent this year even by the rich standards of the Swiss exhibition. It's great for enthusiasts to revel in the flame-throwing Aston Martin Vulcan, the racing-inspired elegance of the Bentley EXP 10 Speed 6 concept and the insane performance of the Lamborghini Aventador LP 750-4 Superveloce, but there's a reason for all of this opulence: the luxury market is big business. And it's growing. IHS Automotive forecasts that so-called ultra-premium sales will nearly triple this decade from 123,000 to 353,000 units around the world. The estimate includes brands like Aston Martin, Bentley, Ferrari and Rolls-Royce, but doesn't count BMW, Mercedes and Audi, which offer less expensive models in addition to their high-end flagships. Though IHS includes Porsche and its relatively large volume in the study, the ultra-premium segment is still set grow at about the same rate, even without the German automaker's figures. So what is propelling all of this growth in the most expensive segment of the auto industry? Put simply, there's more rich people. IHS Automotive principal analyst Tim Urquhart pointed to economic expansion in China, market recovery in the United States and a surge in the lucrative technology sector as contributing factors. This dovetails with a research report by UK-based Oxfam, an international relief organization, which found the world's richest one-percent owned 48 percent of global wealth in 2014, and it's expected to increase to more than 50 percent by 2016. View 17 Photos Carmakers are moving quickly to capitalize with new products, expanding their portfolios with low-volume speedsters like the 800-hp V12 Vulcan at Geneva, and plans to enter new segments, like Rolls-Royce's strategy to make an SUV. "Ultra-premium carmakers are looking to explore ways of growing their product offerings, and thus their bottom lines, in this most potentially profitable of segments," Urquhart wrote in a report on the Geneva show. In a nutshell, there are more choices for people with more money. It's a good time to have expensive taste. Other News & Notes 2016 Mazda MX-5 Miata production launches It won't be long now. The 2016 Mazda MX-5 Miata arrives later this year, and it's officially in production. Mazda announced this week that the roadster began rolling off the assembly line at its Ujina factory in Hiroshima, Japan.

This Aston Martin DBS has lived in a barn since 1986

For a moment, think of every major event that has occurred in your life since 1986 (if you're old enough, of course). Many birthdays have come and gone, children have grown to become adults, and we went from listening to "Rock Me Amadeus" to well... Justin Bieber. In a nutshell, things have changed quite a bit, but not for everything. In 1986, this Aston Martin DBS was rolled into a barn and locked safely away from prying eyes, and for the last 30 years, that is exactly where it has remained, until now. The dusty yet gorgeous Aston will cross the Silverstone Auctions block in May, where it's expected to fetch upwards of GBP60,000 (about $87,000). New in 1968, it would have cost about GBP4,470. RELATED: See More Photos of this Barn Find Aston Martin DBS Few words can describe the emotional weight of these barn find images, but "haunting" seems to fit. The Aston's three decades of shed isolation have written their story across its fastback bodywork, which now comes layered thick with dust, dirt, and a spot of bird dirt or two. Peer beneath the grime though and the DBS still wears its original coat of Mink Bronze paint. Inside the grand tourer's cabin, time has stood equally still, however the elements have been a bit less fair. The rich leather front seats and upholstery have grown grey and mottled with age. And while no one has sat in the back seat of this DBS for ages, it would appear critters haven't long given up roost there. Even so, it's utterly jaw-dropping to see in its untouched state. RELATED: Check Out James Bond's Actual 1964 Aston Martin DB5 According to the auction house, the Aston Martin was sold new on November 5th, 1968, to its first owner in Surrey, England, who held onto it for a little under two years. In April 1970, the DBS passed to its second owner—a 'Mr. Pasqua'—who relocated the car to the island of Jersey (the largest of the UK's Channel Islands). For the next 16 years it would accumulate a scant number of miles before getting tucked away in a barn on the island, and to this day, the odometer reads just 30,565 miles driven. Then again, how far can you really drive on an island that's only five miles wide and eight miles long. RELATED: This '66 Porsche Barn Find Looks Ravishing in Red As for its model history, the DBS was the rather radical successor to the storied and much more sweeping Aston Martin DB6.