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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.

2019 Bentley Bentayga V8 First Drive Review | Losing cylinders but not much else

There's no such thing as a cheap Bentley. Even though the new-for-2019 Bentayga V8 is $30,000 less expensive than its W12-powered sibling, the twin-turbo V8's $165,000 window sticker still puts it well into the upper echelon of pricey luxury vehicles. Bentley is loathe to compare the two versions of the Bentayga — what parent wants to pit siblings against one another? — but does frame the V8 edition as a somewhat sportier alternative to the full-bore, glitz and glamor W12. Let's examine that line of reasoning. Under the hood of the Bentayga V8 is a 4.0-liter turbocharged engine that shares most of its bits with the latest Porsche Panamera and Cayenne Turbo. The engine is specifically tuned for use in this new application, with a unique sound signature and a cooling package that Bentley says will keep it running comfortably even in the face of the largest desert sand dunes in the world. The V8's peak of 568 pound-feet of torque hits below 2,000 rpm and stays exactly there until 4,500, with a horsepower peak of 542 at 6,000. From behind the wheel, the Bentayga's V8 engine feels a bit higher strung than the effortless W12. Instead of instant torque, there's a strong rush of power that builds nicely until it nears its 7,000-rpm redline, the highest rev limit of any engine the brand has ever installed in a passenger vehicle. If such a peaky-sounding engine seems incongruous with the intent of a luxury SUV, just know that there's plenty of stonk available any time the driver decides to push a red-bottomed Louboutin into the plush carpet. It's just a little less than what'd be on call from the W12, but there's not enough of a discrepancy to really matter. The V8 is a bit less sprightly to 60 than the W12 — 4.4 seconds versus 4.1 — and, with its 180-mile-per-hour top speed, it's a meaningless 7 mph slower at the top end, too. So, that doesn't really support the idea of sportiness. Neither too does the V8 handle any differently than the W12. There's only about a hundred pounds separating the two vehicles, with the new V8 edition weighing in at 5,264 pounds. And since only half of that weight savings is centered over the front axle, there isn't any real change to the Bentayga's driving dynamics or steering feel. That's not to say the Bentley Bentayga V8 doesn't drive well, it just doesn't drive differently than its more powerful, more expensive sibling.

The mood at this year’s Paris Motor Show: Quiet

The Paris Motor Show, held every other year in the early fall, typically kicks off the annual cavalcade of automotive conclaves, one that traverses the globe between autumn and spring, introducing projective, conceptual and production-ready vehicle models to the international automotive press, automotive aficionados and a public hungry for news of our increasingly futuristic mobility enterprise. But this year, at the press preview days for the show, the grounds of the Porte de Versailles convention center felt a bit more sparsely populated than usual. This was not simply a subjective sensation, or one influenced by the center's atypically dispersed assemblage of seven discrete buildings, which tends to spread out the cars and the crowds. There were not only fewer new vehicles being premiered in Paris this year, there were fewer manufacturers there to display them. Major mainstream European OEM stalwarts such as Alfa Romeo, Fiat, Nissan and Volkswagen chose to sit out Paris this year, as did boutique manufacturers like Bentley, Aston Martin and Lamborghini. This is not simply based in some antipathy on the part of the German, British and Italian manufacturers toward the French market — though for a variety of historical and societal reasons that market may be more dominated by vehicles produced domestically than others. Rather, it is part of a larger trend in the industry. Last year, Mercedes-Benz announced that it would not be participating in the flagship North American International Auto Show in 2019 — and that it might not return. Other brands including Jaguar/Land Rover, Audi, Porsche, Mazda and nearly every exotic carmaker have also departed the Detroit show. Some of these brands will still appear in the city in which the show is taking place, and host an event offsite, to capitalize on the presence of a large number of reporters in attendance. And even brands that do have a presence at the show have shifted their vehicle introductions to the days before the official press opening in an attempt to stand out from the crowd. In many ways, this makes sense. With an expanding number of automakers, with diversification and niche-ification of models and with wholesale shifts that necessitate the introduction of EV or autonomous sub-brands, there is a growing sense that, with everyone shouting at the same time, no one can be heard.