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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.

Aston Martin Bulldog gets another chance to wedge its way past 200 mph

Tell us if this sounds familiar: In the mid-1970s, Aston Martin decided it wanted to prove its engineering prowess by building a car that would hit 200 miles per hour, so company designer William Towns penned the Bulldog DP K9 concept; in 1980, Aston Martin test drivers took the Bulldog to 191 mph at the MIRA test track, but the company was short on cash, so when Victor Gauntlett bought a 10% stake in the company and became chairman in 1981, he canceled the Bulldog program. The company sold the car to a Middle Eastern collector in 1982, while Gauntlett engineered a sales recovery and Aston Martin's return to the James Bond franchise. Now, 37 years later, Classic Motor Cars (CMC) in Bridgnorth, wants to show off its new engineering facility and prowess, and it intends to do so with the Bulldog. CarBuzz picked up on the story that the concept's current owner sent the coupe to CMC for a nut-and-bolt restoration, expected to take roughly 18 months. After that, the Bulldog will take a run at its destiny, aiming for 200 mph, or even better, the 237 mph that Aston Martin engineers at the time said the car should do.      The Bulldog's ultra-wedge shape, stretched over 186 inches and just 43 inches high, could not have come from any other decade. A panel on the front lowered to reveal five square headlights, while giant gull-wing doors doubled the car's height when opened. The interior, matching the Towns-designed Lagonda Series 2, showed off LED lights, buttons and touchscreens. Designers put the 5.3-liter V8 from the front-engined "Oscar India" V8 Vantage into the middle of the Bulldog, then lashed two Garrett turbochargers on top, final output claimed to be 700 horsepower and 500 pound feet of torque. Shifting through a five-speed manual, the rear-wheel-drive, 3,814-pound coupe hit 60 miles per hour in 5.1 seconds. If the Bulldog had achieved its target, it would have been the fastest production car in the world. The plan was to build up to 25 units for sale, which would pay for development costs said to exceed 1 million pounds at the time. The restoration will return the concept to its original state, CMC's managing director adding that it "may include modern components and technology to improve the car's reliability." The original car, for instance, didn't have side mirrors; those were supposedly added by the Middle Eastern collector. The original was gray and white, not green, had a black interior instead of tan.

You can buy James Bond's Spectre Aston Martin DB10

If you watched Daniel Craig sliding around Rome in Spectre and wished you could drive the Aston Martin DB10 too, an upcoming Christie's auction will be your best chance to own one. The company will sell the first of these rare cars to the public on February 18 in London, but you'll probably need a martini – shaken, not stirred – after signing the check because the coupe will likely go for over 1 million pounds ($1.4 million at current rates). The proceeds will benefit Medecins Sans Frontieres. Aston Martin designed the DB10 specifically for Bond and built 10 of them for Spectre. Underneath the carbon-fiber body, the British automaker based them on the V8 Vantage, including its 4.7-liter V8 and six-speed manual gearbox. The movie's production modified most of the DB10s for filming, but it left two untouched, including this one. Daniel Craig also signed the car. The chance to share a vehicle with James Bond sounds incredibly tempting, but you might have a hard time taking the DB10 out for a drive because Aston Martin doesn't have homologation for the car or certification for it to be on public roads. However, you could still enjoy pretending to be a secret agent around a track or another piece of private tarmac. UNIQUE OPPORTUNITY TO OWN AN ASTON MARTIN DB10 PREDICTED TO RAISE OVER GBP1 MILLION FOR CHARITY The only DB10 to date to be made available for private ownership Opportunity to own a piece of automotive history To be auctioned on February 18th to raise money for Medecins Sans Frontieres 21 January, 2016, Gaydon: The Aston Martin DB10 – the first car created exclusively for James Bond by British luxury brand Aston Martin – is to go under the auctioneer's gavel at the London auction house of Christie's on 18th February with proceeds donated to Medecins Sans Frontieres. 'Spectre – The Auction' celebrates the release of the 24th Bond film on Digital HD, Blu-ray™ and DVD with 24 special auction lots going under the hammer for charity, led by the Aston Martin DB10. Celebrating the great British brand's half century with Bond, which started with the iconic DB5, the DB10 gives a glimpse of the future design direction for the next generation of Aston Martins. Production of the DB10 was strictly limited to ten examples of the bespoke sports car which was developed and hand-built by the designers, engineers and artisan craftspeople at Aston Martin's Gaydon headquarters in the UK for the latest Bond film, Spectre.