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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 building 28 Goldfinger DB5 reproductions — complete with gadgets

The Lego iteration of the 1964 Aston Martin DB5 featured in the James Bond movie "Goldfinger" is a pretty cool toy for any Bond fan, what with its full suite of movie gadgetry. But for the well-heeled 007 fan, Aston Martin has something even more special in store. The car company announced that it will build a grand total of 28 full-size reproductions of the famous movie sports car. It won't simply be a DB5 in the correct color, either. The company is teaming up with the special effects supervisor from the most recent James Bond films, a man who, according to IMDb, has been working on Bond movies at some level since " The Spy Who Loved Me" and was the special-effects supervisor on the the Christopher Nolan Batman trilogy and the two latest numbered installments of the " Star Wars" series, to build the cars with "functioning gadgets such as revolving number plates and more." The "and more" part has us particularly intrigued. We imagine the tracking computer and bulletproof shield are simple enough. But the hideaway machine guns and ejector seat might be tricky. Regardless, you won't be able to deploy any of the gadgets on public roads, as Aston Martin explicitly states the cars won't be street legal. We're sure that won't keep Aston from finding buyers for these dream DB5s. The price tag probably won't deter serious buyers, either. The company says each car will sell for 2,750,000 pounds, which comes to $3,510,000 at current exchange rates. Of the 28 cars, 25 will be sold directly to customers. The remaining three will include one for Aston Martin, one for EON Productions, the company that produces Bond movies, and one that will auctioned for charity. Aston estimates the first cars will be delivered in 2020. Related Video: Featured Gallery James Bond's 1964 Aston Martin DB5 View 61 Photos News Source: Aston Martin, IMDbImage Credit: RM Auctions / RM Sotheby's TV/Movies Aston Martin Coupe Special and Limited Editions Classics aston martin db5

Aston Martin's deal with Mercedes-AMG more than skin-deep

Aston Martin is working on a raft of new models. But it's not going it alone: it has a technical partnership with Mercedes-AMG, the details of which have only been revealed in bits and pieces. If these latest spy shots are anything to go by, however, the arrangement could run deeper than anyone initially let on. Spied undergoing testing at the Nurburgring, this prototype for the upcoming successor to the Aston Martin DB9 is widely expected to be called the DB11 (10 is being used by James Bond's new ride). From the outside it doesn't look different than the previous versions we've seen running around, but this time we can also peer into the cabin, and that's where things start to get interesting. Despite the best arm-waving efforts by the development engineers, our spy photographers managed to snap a couple of shots of the interior. And though it looks far from being ready for production, the components we see appear to have been lifted from the Mercedes S-Class Coupe – particularly the steering wheel, digital instrument cluster, and almost the entire center console. This speaks to a deeper collaboration between the British and German automakers. The 4.0-liter twin-turbo V8 from the Mercedes-AMG GT, C63, and G500 4x42 is already being adapted for use in the next generation of Astons. Related Video: