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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.

Aston may build fewer than 100 Lagonda super saloons

Aston Martin has owned the Lagonda nameplate since the late '40s, but in the roughly 70 years since that acquisition, the use of the name has been kept largely exclusive for four-door models. The two most famous modern Lagondas are the angular, futuristic sedan built in the '70s and '80s and the infamously ugly SUV concept from the 2009 Geneva Motor Show. UK magazine Car claims that the classic name could make its return on a svelte four-door as soon as this summer, which makes sense considering our spy shooters recently caught what looked like a modernized incarnation of the 70s super saloon last month. Interestingly, while Aston Martins are rare birds as-is, Car says that the neo-Lagonda could be even more scarce – its sources suggest that the model could be limited to under 100 units. That's because Aston Martin's Q customization service is reportedly taking up construction duties for the project, and with its small team, that means production is going to be slow, limited and very expensive. Even covered in camo as spied above, there's something special about the new car. The squinting headlights and thin A-pillar echo the '80s model in a modern way and make this four-door look a lot sportier than the Bentley, Maserati and Rolls-Royce models that it will likely compete against. It's rumored to be using composite body panels to keep weight down. The powertrain is said to be an evolution of the Rapide, Aston's sole existing four-door model. The Lagonda would use Aston Martin's 5.9-liter V12 with power tuned to around 600 horsepower, backed by an eight-speed automatic replacing the Rapide's elderly six-speed unit. That would put power just short of an Mercedes-Benz S65 AMG, but the composite panels could lend it a weight advantage. The latest rumor only indicates the Lagonda's unveiling sometime later this summer, with no exact date or location. Still given the relative completeness of the test car, it doesn't look like it could be too far away. We can't wait to see it when the camo comes off.

Castrol Nexcel is an oil change in a box

Oil changes are a vital part of car ownership. For some this simple bit of maintenance gives them a sense of accomplishment and a closer connection to their car. Others just find it a hassle. Castrol might have a compromise with new tech called the Nexcel that packages the oil and filter into a single, easily removable container. The company claims switching the unit out takes just 90 seconds. Instead of draining the oil for a regular change, the whole Nexcel is replaced each time. Castrol then retrieves the used containers and recycles the fluids inside into other lubricants. The exclusive cadre of ultra-wealthy buyers for the track-only Aston Martin Vulcan get to be the first ones to find out if the Nexcel lives up to the hype. And don't worry, the container can reportedly stand up to the hypercar's punishment. According to Castrol, the Nexcel has been tested to perform at up to 1.8G and can flow as much as 158.5 gallons of oil a minute. The tech also allows Castrol to create specific oil blends to match to different engines. "Today, you can't guarantee the right oil will be used, so the degree to which oils can be tailored is limited. Nexcel is different and can go further. The oil cell enables a concept we call precision lubrication," a spokesperson said to Autoblog. Assuming the Nexcel is a success, Castrol estimates that it could arrive in the first road car in about five years. The company already claims to be in discussions with "several" automakers about potentially implementing the tech. While changes would be far quicker, some enthusiasts might balk at the idea of being locked into oil from just a single brand, though. CASTROL REINVENTS OIL CHANGE WITH NEXCEL: THE REVOLUTIONARY TECHNOLOGY THAT MAKES OIL CHANGES QUICK, SMART AND SIMPLE The Nexcel oil cell, an easy-to-change unit containing both engine oil and filter delivers superior engine performance and improved environmental sustainability The new technology allows your oil to be changed in around 90 seconds, more than 13 times faster than a conventional oil change of 20 minutes The Aston Martin Vulcan track-only supercar will be the first vehicle featuring Nexcel technology LONDON, Thursday 8th October 2015 – Today, Castrol launches Nexcel, a new revolutionary technology that marks the most significant oil change innovation in automotive history.