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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.

2020 Mazda CX-9 gets more torque and second-row captain's chairs

The 2020 Mazda CX-9 is here, and it’s even more enticing than the 2019 model year SUV. ItÂ’s not a full redesign, but Mazda shook up the features list to make it more competitive with other three-row crossovers. Most notable (arguably) of all changes comes from a small increase in torque — the 2.5-liter turbocharged four-cylinder gets bumped from 310 pound-feet of torque to 320 pound-feet. Horsepower remains the same at 250 horses. Those figures are only applicable when using 93 octane fuel. They go down to 227 horsepower and 310 pound-feet of torque when on 87. Another new feature is an off-road traction assist button, replacing the traction control button. This new feature is meant to help when navigating rougher terrain. HereÂ’s how Mazda describes its function: “When the diagonal wheels lose traction, off-road traction assist will stop reducing the engine torque and increases the brake force on the wheels without traction. This transfers power to the wheels still on the ground to help allow the vehicle to regain traction and continue the drive.” WeÂ’ll be interested to see how this helps the CX-9 on a snowy Michigan winter day soon. The number of standard features on the base Sport trim is up, too. Now all CX-9s get heated front seats, a power driverÂ’s seat, rain-sensing windshield wipers, heated outside mirrors and auto high-beams. Additionally, Mazda made its full suite of i-Activsense safety features standard. This includes adaptive cruise control, lane-keep assist and other driver assistance niceties. Mazda is also adopting the new key fob design of the Mazda3 for the CX-9. Optional on the Touring and Grand Touring are second-row captainÂ’s chairs. Previously, Mazda only offered bench style seating for the CX-9, so this addition could be a huge turn-on for some folks in this segment. The chairs have armrests, and the lack of a center pull-down means Mazda had to redesign its cupholder layout in back. In CX-9s equipped with the chairs, the cup holders and USB ports are now integrated into the backside of the front center console. If you opt for the captainÂ’s chairs in the Grand Touring or Signature trims, the seats are heated.  Pricing does increase a fair amount for the 2020 CX-9. A base front-wheel drive Sport is now priced at $34,835 including destination, a $1,510 increase from last yearÂ’s base price. The top of the range only got $750 more expensive, though, as the Signature starts at $47,160.

White House clears way for NHTSA to mandate vehicle black boxes

At present, over 90 percent of all new vehicles sold in the United States today are equipped with event data recorders, more commonly known as black boxes. If the National Highway Traffic Safety Administration gets its way, that already high figure will swell to a full 100 percent in short order.
Such automotive black boxes have been in existence since the 1990s, and all current Ford, General Motors, Mazda and Toyota vehicles are so equipped. NHTSA has been attempting to make these data recorders mandatory for automakers, and according to The Detroit News, the White House Office of Management Budget has just finished reviewing the proposal, clearing the way. Now NHTSA is expected to draft new legislation to make the boxes a requirement.
One problem with current black boxes is that there's no set of standards for automakers to follow when creating what bits of data are recorded, and for how long or in what format it is stored. In other words, one automaker's box is probably not compatible with its competitors.