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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.

2002 Mazda MX-5 Miata powered by a Jaguar-sourced V6 for sale

Cars & Bids, a relatively new site that specializes in auctioning modern enthusiast cars, is selling a 2002 Mazda MX-5 Miata. While that's hardly unusual, this example lost its four-cylinder engine and gained a Jaguar-sourced V6. Pulling a 3.0-liter six out of a 2000 S-Type and dropping it into an unsuspecting Miata is apparently easier than it sounds. England-based Rocketeer offers a kit that makes the swap reasonably straightforward, though the listing notes the factory air conditioning system is not compatible with the new engine. Cold air aside, the installation is done so neatly that it looks like Mazda envisioned the Miata with a bigger engine. Jag's V6 inevitably adds weight to a roadster praised globally for its nimble handling, but it also brings a whole lot of horsepower to the table. Left stock, a 2002 Miata is powered by a 1.8-liter four-cylinder that makes 142 horsepower and 125 pound-feet of torque. The example listed on Cars & Bids puts 220 horsepower and 221 pound-feet of torque under the driver's right foot, figures that easily offset the weight gain. And, somewhat surprisingly, the six spins the rear wheels through a stock five-speed manual transmission. Flyin' Miata sway bars and Koni shocks improve handling. Close the hood, and this Jagazda looks like a run-of-the-mill 18-year-old Miata. The seller made no modifications to the body, it's still painted in its original shade of silver, and he kept the stock 15-inch wheels. The dual exhaust tips hint at the V6, but they're subtle enough to surprise more than a few racers at the next autocross event. The auction is live now, and bidding stands at $4,250 as of writing with about three days left before the hammer drops. If you miss your chance to bag it, several shops sell kits that let skilled shade-tree mechanics shoehorn Mazda's K-Series V6 (which powered the MX-6 and the Ford Probe, among other cars) into an older Miata. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.     Featured Gallery 2002 Mazda MX-5 Miata with Jaguar V6 View 14 Photos Aftermarket Jaguar Mazda Convertible

2019 Mazda MX-5 Miata Drivers' Notes Review | A little power goes to our heads

The Mazda MX-5 Miata is nearly 30 years old. The current car — dubbed the ND — is in its fourth iteration and packs a number of updates for 2019, most notably a bump of 26 horsepower and 3 pound-feet over the 2018 model. The car now makes 181 horsepower at 7,000 rpm while redline has been raised to 7,500. That might not sound like a lot, but when you're moving fewer than 2,400 pounds of steel, aluminum and plastic, it feels plenty strong. Our test car was a Soul Red roadster with a brown top, an odd but striking combination. A power-retractable top is available as the Miata RF. This top-tier Grand Touring trim comes with features like automatic climate control, heated seats and leather seats. It might not be the most practical or versatile car on the road, but it might just be the most fun for the money. Senior Editor, Green, John Beltz Snyder: I was excited when I woke up to the Miata covered in snow in my driveway. After all, this tester came equipped with Bridgestone Blizzak winter tires. By the time I could pry myself away from my work and take the car for a spin, though, the snow had mostly melted. I still had fun flinging this around on the cold, wet roads. The first thing I noticed was actually what I didn't notice ... I wasn't wishing for just a little more power, for once. Chalk it up to the conditions, or to the extra 26 horsepower Mazda added for 2019, but this felt appropriately potent. If anything, it's just enough to help get the rear end to wiggle a bit and the tires to more readily chirp in second gear. The Miata, fresh from the factory, has learned to do the cha-cha. Oddly enough, though, my wife, who has been salivating over this generation of MX-5 since the first time I brought one home, has cooled on it a little bit. We went out on a date night, and she was hyper aware of the noise and bumps, and I was, too, frankly. Something about bundling up under an icy soft top can kill the mood of this convertible. In the summer, the sound of the engine and telegraphic feel of the road beneath you blend with the warmth of the sun and the tug of the wind in automotive harmony. It's still fun to drive in the cold, but it doesn't quite turn on the charm like it normally does. Associate Editor Reese Counts: I've spent a lot of time behind the wheel of various NDs over the past few years. The weekend I got married, my wife and I drove a Soul Red roadster from Los Angeles to San Francisco for a brief honeymoon.