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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.

Mazda CX-5 Luggage Test | How much cargo space?

We're already seen how Mazda's largest crossover, the CX-9, does at stuffing luggage inside its cargo hold. Now it's time for the next rung down the Mazda ladder. The Mazda CX-5 has 30.9 cubic-feet of space behind its raised back seat, which on paper, is considerably less than its top competition. The Hyundai Tucson leads the way with 38.7 cubic-feet, the Honda CR-V (39.2) and Toyota RAV4 (37.5) are basically the same, and the Subaru Forester has between 33 and 35 depending on options. However, the CX-5 does have more than the Chevrolet Equinox (29.9), Jeep Compass (27.2) and Ford Escape when its sliding back seat is in its aft-most position (33.5 when all the way forward).  Basically, this compact Mazda's cargo area is midpack, which makes it a good choice for my first luggage test of the segment. Let's see how much of the luggage in my garage fits inside. As a refresher, I use two mid-size roller suitcases that would need to be checked in at the airport (26 inches long, 16 wide, 11 deep), two roll-aboard suitcases that just barely fit in the overhead (24L x 15W x 10D), and one smaller roll-aboard that fits easily (23L x 15W x 10D). I also include my wife's fancy overnight bag just to spruce things up a bit (21L x 12W x 12D).  I started by keeping the cargo cover in place to see how much fits underneath it. The answer is the four largest bags. The two smaller ones did not. OK, now let's remove the cargo cover, which is an unusual design. Rather than a roller-type cartridge that you manually pull into place or a rigid hatchback-like unit that rises up when the liftgate goes up, the CX-5 basically combines the two. The forward bit is attached to the liftgate and unspools when opened.  To detach it, you need to unfasten these plastic clamps and then remove the cartridge reel much as you would a normal cargo cover. OK, and now here's how much the CX-5 can fit with the cargo cover removed.  All of it! That above configuration is just the first thing I came up with, but there's likely additional Tetris formations to be found. Note that the tailgate does close here but the middle cases' wheels are awfully close to the window.  I'm not going to stop there, though. I went ahead and rummaged through my garage to see what it would take to fill'er up. There you go: one duffle bag and one gym bag stuffed into the spaces. You could probably fit a grocery bag right in front there, too.

More powerful 2019 Mazda MX-5 also more efficient

Bumping the 2019 Mazda MX-5 Miata's power from 155 horses to 181, plus little interior upgrades such as a telescoping steering wheel were more than enough to make the appealing roadster even more so. But there's yet another bonus in store for those that pick up the new Mazda: more efficiency. As initially spotted by industry watcher Bozi Tatarevic, the EPA released fuel economy numbers for the new model, and they're better than the 2018's. And between the automatic and manual versions, the manual sees the biggest increase. Now, these are, very, very minor increases in EPA fuel economy, but any increase is welcome when nothing is lost. The automatic continues to be the most efficient. While the city and highway ratings are unchanged at 26 and 35 mpg respectively, the combined rating increases by 1 mile per gallon to 30. The manual transmission model isn't far behind. City mileage stays the same at 26 mpg, as does the combined rating of 29 mpg. However, highway fuel economy picks up 1 mpg for a total of 34. So to recap, the 2019 Miata retains its good looks, and likely its playful handling and snickety shifter. But it also gets more power, better fuel economy, a better interior, and more options to customize than ever before. This is sounding like it could be the best Miata, yet. We can't wait to try it out. Related Video: Mazda Convertible Performance