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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.

Lamborghini's first US Winter Accademia should be snow freaking cool

Though they are equipped almost exclusively with all-wheel drive, a Lamborghini might not be our first choice to drive in the snow. Not for practical reasons, anyway. But the idea sure does sound like fun – and probably more than a little bit educational, too. That's why Lamborghini established the Winter Accademia. Similar to the warm-weather Lamborghini Accademia we recently undertook at Laguna Seca, the Lamborghini Winter Accademia is a factory-organized advanced driving course, only this one takes place in the snow. The program was previously held only in Livogno, Italy, but the Bolognese automaker is now bringing it to the United States. Lamborghini will hold its Winter Accademia program during two sessions in early February at Snowmass in Aspen, Colorado (the same resort town where Ferrari held its winter driving program for the FF). During those sessions, pupils will have the chance to drive the Aventador and Huracan in the snow under the tutelage of factory instructors who will teach them techniques like emergency braking, drifting and lapping a makeshift roadcourse in the snow. Which sounds not only like a whole lot of fun, but like good skills to anyone who doesn't want to put their high-performance sports car in the garage for the entirety of the winter season. LAMBORGHINI ANNOUNCES FIRST-EVER NORTH AMERICAN WINTER ACCADEMIA FOR 2015 High Performance, Dynamic Ice and Snow Driving Coupled with Once-in-a-Lifetime Opportunity in Aspen/Snowmass HERNDON, Va., December 9, 2014 – Lamborghini Squadra Corse is gearing-up for its first-ever North American-based winter driving school. The 2015 Winter Accademia at Aspen/Snowmass will provide driving enthusiasts and brand aficionados an opportunity to push exclusive Lamborghini cars and themselves to the limit. For those who crave the opportunity, the Lamborghini Winter Accademia program, which takes place February 5-7 and 6-8, 2015 in Aspen/Snowmass, Colorado, will allow enthusiasts to experience the all-wheel-drive supremacy of the Aventador LP 700-4 as well as the Huracan LP 610-4 on ice and snow. Under the guidance of passionate, professional Lamborghini instructors, participants will not only handle critical winter-driving conditions, but learn techniques exclusive to the Lamborghini Winter Accademia Program.

Details emerge on production-bound Lamborghini Sesto Elemento

The last we heard about the Lamborghini Sesto Elemento, Lamborghini had confirmed its production with only 20 examples of the track-only car planned, but now we're finally starting to get some of the details about this knife-edged car. AutoVisie recently had the chance to talk to Maurizio Reggiani, Director of R&D at Lamborghini, who not only confirmed what will power the new car, he also said that the production version will carryover almost untouched from what we saw in concept form at the 2010 Paris Motor Show.
What we now know is that the Sesto Elemento will share the same powertrain as the Gallardo LP570-4 Superleggera including the 570-horsepower V10 and the all-wheel-drive system, and it will be built at a new factory dedicated to building prototypes and limited-volume cars like this. Also, the report states a curb weight of 2,200 pounds, a top speed of 320 kilometers per hour (198 miles per hour) and a 0-100 kph (0-62) time of just 2.5 seconds. The only changes made to bring the concept to production were to increase the car's rigidity and its safety. This means the car will still feature all-carbon-fiber construction and unique bucket seats that are actually built into the car's body; driver adjustments coming from the steering wheel and pedals.
The estimated price for the Sesto Elemento is two million euros, or around $2.6 million US, and although the original production date was slated for early 2013, Motor Authority now says that we'll have to wait for another "year or two" to see this car in the wild. Also, it does not appear that this is the mystery car recently teased in a 50th anniversary video released by Lamborghini.