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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.

BMW makes the M4 extra special with a huge wing

BMW has all of the bases covered in its lineup, especially when it comes to its 4 Series models. Don't like going to the track? There's the BMW 430i and 440i, which are available as a coupe and gran coupe. Drivers looking for a track-friendly car that can also be used on the road will be steered toward the M4. BMW even built the hardcore M4 GTS for drivers that spend all of their time on a track. Now, it looks like BMW is trying to bridge the gap between the M4 and the M4 GTS with a special-edition model. Our photographers caught BMW testing an M4 with some extreme aerodynamic components around the Nurburgring. With its aggressive front end, massive wing, and sporty rear diffuser, the prototype M4 appears to be similar to the special-edition M4 Competition Sport that BMW released in Spain. The Spain-only special edition was marketed as a softer version of the M4 GTS with less power and usable rear seats. With a similar look and visible rear seats, this prototype indicates a similar track-focused special edition model. Since the M4 is only a few years old, it's unlikely that BMW is testing a new model, but the automaker could be testing aerodynamic components for a refreshed model down the road. A cheaper, more usable M4 GTS, though, would be the perfect car to round out BMW's current lineup. Related Video:

Bentley previews another limited-edition W12-powered model

Bentley's Mulliner division renewed ties with its coachbuilding past when it unveiled a limited-edition roadster named Bacalar in 2020. The entire production run was quickly spoken for, showing that there's a demand for small-batch models, and the next car is around the corner. The preview images released by the British brand intentionally make it difficult to tell precisely what we're looking at. One shows what we think is a tonneau cover, which all but confirms the next low-volume Bentley is a convertible, and the other shows a back end with a ducktail-like spoiler and horizontal lights. The company also released a short preview video which suggests that there's some degree of resemblance linking the upcoming car to the Batur, which was unveiled in 2022 to preview a new design language. The front end features a similar look. Bentley's next limited-edition model View 3 Photos Are we looking at a topless Batur? It's not unfathomable, but nothing is official at this stage. If we are, designers seemingly gave the roadster a specific rear-end design. What's certain is that Mulliner again prepared a two-door sports car; this isn't an SUV or a sedan. Bentley's twin-turbocharged W12 engine hasn't reached the end of the line yet. Whatever we're looking at, it's powered by what the firm calls the most powerful version of the 12-cylinder. The last car to make this claim is the Batur, whose W12 developed 730 horsepower and 738 pound-feet of torque. It's unclear whether the Batur and the new car will share bragging rights or if the upcoming model will be even more powerful. Regardless, it'll be one of the last cars powered by the W12, according to Bentley. It's not the last, however; there's more coming. Production will be limited to 16 units globally, and each one will presumably come with a base price pegged above the seven-digit threshold before customization options enter the equation. Bentley will unveil the mysterious model on May 7, so more details should emerge soon. Related video: Our Bentley Continental GT First Edition is here | Behind the Wheel S01 // E05