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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.

Watch the Lamborghini Hurac'an LP 610-4 do donuts in Project Hexagon

Before we officially met the Lamborghini Huracán LP 610-4 recently, and even before Autobild got to hear it start during its presentation, the Gallardo replacement had been whipped into smokey donuts in the dark of a Sant' Agata night as part of Project Hexagon. That was a four-episode series of short films that followed a trio of Brits determined to see the Huracán before its reveal. They did such a good job that they were able to play Grand Theft Auto in the Lamborghini HQ parking lot.
You'll find all four episodes below, but if you're looking for a more thrilling taste of the baby Lambo than Autobild could give us, then head straight to the final entry. Someone chose to lay a loud musical track over the revving, so try to ignore it and enjoy the 610-horsepower V10 underneath.

Lamborghini Gallardo Squadra Corse will cost $260K* and only come in yellow

If you live in America and want one of the 15 Lamborghini Gallardo Squadra Corses slated for our shores, you'll be happy to know you can have it any color you want, so long as it's yellow. Seems a bit odd, we'll agree, but Lambo's Giallo Midas is kind of a trademark for the brand.
Pricing for the special edition Gallardo, which is limited to just 50 units worldwide, starts at $259,100, *not including the $2,100 gas guzzler tax or the unspecified destination costs. Besides the 15 cars slated for the US market, Canada will get three vehicles of its own. Regardless of where you buy your Squadra Corse, though, they'll be individually numbered and will begin deliveries in September.
Finally, Lamborghini has released a few more images of the new car (not in yellow, oddly), which we've added to our gallery, above.