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Acura NSX #001 sells for $1.2 million

When the new Acura NSX hits showrooms in the Spring, it will cost at least $156,000 in "base" spec, or as much as $205k fully loaded. But at the Barrett-Jackson auction in Scottsdale Saturday, one notable buyer paid a record $1.2 million for the privilege of ordering the very first one. That works out to a good six or seven times the list price, but fortunately it's all going to a good cause. The winning bid for the very first production example of the new Acura NSX was placed by none other than Rick Hendrick, a man best known for his NASCAR team but also for other projects like the modified Jeeps his company is pitching to the US Army. His $1.2 million will allow him to order the first one off the line, to his specifications. Proceeds are earmarked towards the Pediatric Brain Tumor Foundation and Camp Southern Ground in Georgia, which focuses on at-risk kids, children of military families, and those with neurobehavioral disorders. Hendrick's winning bid marks the highest price that Barrett-Jackson has ever recorded for a VIN 001 vehicle. And make no mistake about it: it has handled a lot of them. This weekend alone also saw the first new Chevy COPO Camaro raise $300,000 for United Way, and Jay Leno's 2006 Ford F-150 Harley-Davidson edition (also the first of its kind) bring in $200k for the National Multiple Sclerosis Society. Related Video: FIRST 2017 ACURA NSX SCORES RECORD AUCTION PRICE OF $1.2 MILLION AT BARRETT-JACKSON - Final hammer price of $1.2 million sets record auction price for a designated VIN 001 vehicle - All proceeds go to the Pediatric Brain Tumor Foundation and Camp Southern Ground Jan 29, 2016 - SCOTTSDALE, Ariz. -- At the auctioneer's final call, the next-generation 2017 Acura NSX supercar tonight smashed the record for a vehicle auction at Barrett-Jackson for the highest-selling designated vehicle identification number (VIN) 001 with the final hammer price set at $1.2 million. Winning bidder Rick Hendrick, owner of Hendrick Motorsports and founder of Hendrick Automotive Group, has earned the right to custom order the first production model of Acura's highly anticipated NSX, which comes to market this spring. All proceeds of the auction will go to the Pediatric Brain Tumor Foundation, based in North Carolina, and Camp Southern Ground in Georgia, the passion project of Grammy® Award-winning music artist Zac Brown.

Acura aiming for Chinese production by 2016

Not wanting to be left out of the emerging luxury car bonanza in China, Automotive News is reporting that Acura could begin producing vehicles in the Asian country by 2016. Like Audi, Mercedes-Benz and BMW, Acura will reportedly build vehicles in China using a local partner - Guangzhou Automobile Group Co. in Acura's case - while Cadillac and Infiniti will build their own vehicles locally.
Guangzhou already produces Honda models in China, but the article says that the first Acura produced in that country could be a new compact model based on the Acura SUV-X Concept (shown above), a showcar revealed in April at the Shanghai Motor Show. China's luxury car market is expected to grow to 2.7 million units a year by the end of this decade, which would put it on pace to make it the largest premium car market in the world.

These are the top luxury cars bought by people entering the segment for the first time

Let's say you just got a big promotion at work or the kids are moving out of the house, and you finally have some extra money. You decide to blow it all at once and treat yourself by upgrading your ride. Naturally, you look to a luxury automaker. What do you choose?
Models like the Audi A3 and Mercedes-Benz CLA-Class may be tailor-made to introduce buyers to the premium segment, but a new study finds that they don't garner the highest rates of non-luxury customer conquests. It turns out that a Volvo leads among folks moving up to a premium brand, and it isn't even one that's made anymore, at that.
A recent study by Polk and IHS Automotive looked at what models had the highest rates of buyers upgrading from a non-luxury segment. The information comes from its new vehicle registration data through April 2014. All ten top models boasted conquest rates of over 50 percent, but the Volvo C70 led the field with 68.01 percent of its customers coming from non-premium brands.