March 8, 2024 • 34 mins
Hannah Elliott joins Matt Miller from Jeddah, Saudi Arabia, where she's part of a Bloomberg conference ahead of the Saudi Arabian Grand Prix. (No Teslas here!) Matt dissects his Turo rental in Colorado, and Hannah updates us on how the grudge match of auctions went in Florida. Plus, talk about the 2024 Dodge Charger, which comes WITHOUT a V8.
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Episode Transcript
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Speaker 1 (00:00):
I'm Matt Miller and I'm Hannah Elliott, and this is
hot Pursuit.
Speaker 2 (00:11):
This is going to be another one of those different
audio recordings because Hannah is in a hotel room by
an airport or a Formula one track or something out
in Jetta in Saudi Arabia. I'm in my basement. I
just got back from a week long high school bro
trip to Colorado, so I'm kind of recovering at home.
But I'm good, and how are you?
Speaker 1 (00:33):
I'm good. I mean, look, we both want this to
happen because we really like it. It's really fun and
I'm just happy to talk to you. I want to
hear all about your trip. I want to hear about
what you ended up renting. And yeah, I mean being
in Saudi Arabia maybe sounds glamorous, but I'm literally sitting
(00:54):
on the floor with the laptop on a chair in
front of the telroom bed. It's basically You're right, it's
an airport hotel.
Speaker 2 (01:02):
So why don't you start off by telling us why
you're there, what are you doing in Jetta, and what's
the Formula one layout look like?
Speaker 1 (01:10):
So I'm in Jeta for a conference that Bloomberg is
throwing and the conference is called Bloomberg Power Players Jetta
and Bloomberg throws these types of conferences around the world.
This one is focusing on the role of Saudi Arabia
in sports and just all of the investments that the
(01:30):
Saudis have made in tennis, golf, soccer, e sports, Formula
one of course, and so we're just talking about the
power players and the potential that is here and everything
that's happening. And of course, as everybody knows, the Saudi
Arabian Grand Prix is happening this weekend, and so the
(01:52):
conference is leading into the race this weekend, so everyone's
very excited. The conferences at the Jetta Yacht Club, which
is along the track, along where the track will be
once they finished building it. So yeah, it feels very
much in the thick of things. A lot of people
are excited. At this hotel. There were a bunch of
(02:14):
workers who are Formula one workers who set up the track.
It was like me and a hundred of those guys.
So it definitely feels like I'm right in the mix,
which is very cool.
Speaker 2 (02:26):
I don't follow Formula one because I watch Moto GP
and that's kicking off this weekend, by the way, so
we're going to see fighting Mark Marquez riding a Ducati,
which I'm pretty pumped about. But in terms of Formula one,
what's the latest gossip? And to the soud East field
a team, you know, what's the deal with ineos, what's
the deal with drivers switching around? Just give us the
(02:49):
shorthand kind of the cliff.
Speaker 1 (02:51):
Well, okay, the latest thing that everybody's talking about is
Christian Horner, of course, who's the team principle at red Bull,
who was accused of sending inappropriate texts and coercion of
(03:12):
lower ranking employee and there was an investigation which cleared
him of that, but then the texts and screenshots were
emailed to about two hundred people in the industry and out,
and so it appears he did send all of the
things that he said he didn't send. And there's quite
(03:35):
a movement spearheaded in part by Max for Staffin's dad
to call for Christian Horner's ouster from the team for
obvious reasons. And it's a really big deal because Red
Bull is of course winning everything, and Max for Staffan
is winning everything, and so there's a ton of drama
(03:57):
off the track right now in form one. Of course.
The other thing too is Christian Horner is married to
Ginger Spice, so it's a very high profile marriage. She
actually appeared with him on track hand in hand, so
she seems to be standing by her man for the
(04:17):
time being. But honestly, that's like the big, big drama
right now. Of course we know that, you know, Lewis
Hamilton's announcement that he's going to Ferrari is a really
big deal too, but that's like old news compared to
this Horner thing.
Speaker 2 (04:32):
Yeah, all right, so we're straying pretty far away from
the world with cars. Really, Yeah, let's get back to
that's the vehicles. I'm curious to know what you see
driving around there? What are you what did you rent
or what are you driving? What's hot right now?
Speaker 1 (04:46):
And in Saudi Arabia, okay, a lot of really bashed
up Toyota, Camray's, Honda Accords. I mean there seemed to
be no obvious traffic rules or enforcement or indicating and
so it's truly it's like whoever has the more busted
(05:07):
up car gets gets priority in the lane. There are
some small trucks, like the kind of small sort of
lorries you might see in England or in elsewhere in Europe,
but no like big work trucks, no F one fifties,
no huge Dodge rams or anything like that.
Speaker 2 (05:25):
I figure the high Lucks is probably a big product there.
I mean, just growing up watching talk here, I was
always convinced that the Toyota High Lucks was a truck
that was everywhere else but America, and probably definitely in
Saudi Arabia.
Speaker 1 (05:37):
I think I think that's accurate. Definitely. I have not
seen a single electric vehicle. I spoke with someone who
said she owned Elucid, but apparently I haven't seen any.
And I was on the road for two hours today,
so not a lot of evs.
Speaker 2 (05:53):
I really like bust up Lamborghinis everywhere rolls Royce's shakes
like with custom made cars for their falcons. You don't
see that.
Speaker 1 (06:01):
No, the nicest car I've seen actually was a white
Jaguar F type and it really stood out because it
was by far the nicest car I've seen. And obviously
we know the supercars are here, but I don't think
they're being driven in like rush hour traffic. I definitely
did not see them.
Speaker 2 (06:19):
I also assume in Saudi Arabia that everybody has like
dune buggy racers or you know, something to drive in
the desert. Isn't that like something that you know while
you're there.
Speaker 1 (06:30):
Yes, yes, And I'm going to report back to you
on that because after the conference, I'm going to go
on to Medina and then another town called Alula out
in the desert, and I'm expecting that there will be
the off road buggies and like cool desert stuff there.
So I'll have to get back to you on that,
but I know they're here.
Speaker 2 (06:50):
I just need to get out there, so we'll get
some of that next week. I will just briefly tell
you that I out in Colorado rented on Touro for
the first time, so I wasn't sure what the experience
would be like, but I came away pretty pleasantly surprised
in terms of just the ease and convenience of it,
because you know, I just looked through the app picked
(07:12):
out like a lifted jeep with thirty seven inch tires
on it, and you know, clicked, rented it, picked it
up at the airport, dropped it off at the airport.
It was easy, it was it was definitely easier than
going to like Hertz. On the other hand, I didn't
see the selection of incredibly cool cars that I thought
(07:33):
I would. You know, I was looking for something special,
like a I don't know, like a twenty thirteen Boss
three H two Laguna Seka, you know those Mustangs, or
like some crazy lifted super duty truck, or you know,
just something weird or rare, and it doesn't seem like
(07:54):
Turo's necessarily the marketplace for that from that color Well,
I know it's in Colorado, but you know, there's a
lot of people in Denver, there's a lot of people
in Boulder. It's there's tons of Wall Street guys that
are working out of Veil on Steamboat Springs, So I
figured there'd be cool cars, but those obviously aren't the
people who are renting their cars on Touro. And I
(08:16):
realized what it is is either you have a fleet
of vehicles that you bought for cheap and you rent
them for a profit, or you're like a normal person
that got in way over your head on payments and
so you rent your car to help pay for it.
But it's not like, you know, there's some car enthusiasts
(08:37):
or collectors who are renting out their proudest possessions obviously.
Speaker 1 (08:41):
Yeah. No, I don't know anyone who would do that,
who actually had a cool car that liked it.
Speaker 2 (08:46):
No. I mean I just got excited because you've got
that Tesla cybertruck, and so I figured there must be
no people with awesome stuff like I would love to
see a lucid Air, for example. I would jump on
that in a heartbeat.
Speaker 1 (08:57):
That'd be really cool. Do you mind if I ask
how much you paid Toro Rento?
Speaker 2 (09:04):
No? So I realized there weren't going to be any
special or different cars, and then I thought, Okay, it's Colorado,
so let me look at Jeeps and Broncos. Right. The
Broncos were a little bit a higher price. I guess
they're more special, right because it's newer, and there just
aren't as many as there are for wranglers. So those
were like one hundred ten to one hundred and fifty
(09:25):
dollars a day. The wranglers I found for much less.
I think I ended up getting the one that we
drove for the week for eighty five dollars a day.
But the thing that Turo does that really grinds my
gears is when you're searching, they say, Okay, this car
is you know, four hundred for the week, not including
(09:45):
taxes and fees. Well why not they had the technology
to include taxes and fees and the little quote that
they give you at the bottom of the screen. Because
I'm going through these cars and I'm saying like four
hundred four to fifty five hundred a week, and then
when I get to finally pay, it's like seven hundred
or eight hundred because they tack on so much, like
they should show that straight away instead of hitting me
(10:07):
with it after I finally clicked through the whole process.
Speaker 1 (10:11):
So how did the Jeep perform for you? Like during
the actual trip.
Speaker 2 (10:17):
It was the perfect vehicle to be honest. I mean,
you've got to drive when you fly to Denver and
ski and Veil, You've got to drive two hours out
to Veil from the airport, So that part is kind
of it's not great with a lifted Jeep and thirty
seven inch you know, M and T tires on it.
But once we got there, I was able to drive
over everything and it wasn't so bad on the highway.
(10:40):
Like the first day that we were driving around, it
had just dumped a lot of snow, so other vehicles
were you know, stuck or running off the road, and
we were enjoying ourselves. It was it was a pretty
pleasant experience. I mean, I know what it's like to
drive a Jeep. I've driven jeeps a lot, and usually
the first day it's stressful, and then you get used
to it. And now going back to a regular car
(11:02):
is going to be kind of boring because the steering
doesn't like center itself, so you have to kind of
do a little bit more work. But I think it
ends up being fun because it's more interactive.
Speaker 1 (11:13):
Yeah, I totally get that. Did they actually plow the
roads or was there snow actually on the road.
Speaker 2 (11:18):
The first day that we drove out of Vail, we
went west to the Iron Mountain Hot Springs, and they
hadn't plowed the roads yet, so it was crazy. But
otherwise every day they were on it. I mean, you know,
in Colorado, they're used to it, so they do a
pretty good job. It was a it was a good trip.
Speaker 1 (11:37):
So are you saying that you went to Hot Springs
with like five of your bros.
Speaker 2 (11:43):
Yes, well, well we're all It grows and you know,
I was actually thinking about this. It was after a
couple of days of skiing, and we were just beat.
Me and my friends, who are all around the age
of fifty, were like an internal combust engine that needs
a lot of maintenance. You know, it needs to be
(12:04):
properly lubricated. You know, you've got to warm it up
before you can really get on it. But it's not
like we're carburetors. We still have fuel injection, and it's
not like handstarters, like we have an electric starter, you know.
But the kids that we saw on the mountain, like
the fifteen year old kids, they're like evs without even
(12:26):
a start button. I mean, they were just going off.
It was pretty great. We got a couple feet of snow,
and yeah, I had a good time. I'm glad we
left with no injuries.
Speaker 1 (12:36):
Would you use Touro again.
Speaker 2 (12:38):
I will definitely use Touro again. But I just don't
find as much selection as I would have liked in Denver,
And so then I started looking around New York City.
It's equally bleak. I would say, maybe there's a place
where Touro thrives and has an incredible collection of vehicles
that you can choose from. I just I just not
(13:00):
finding the sort of special, rare, unique cars that I
was looking for. I would find them if I went
to Amelia Island last weekend, which I know you did,
or did you go to Moti Miami or did you
do both?
Speaker 1 (13:12):
That that was a killer segue, Thank you. I actually
went to Mota Miami, and I was very curious to
see I mean, We've talked about this a little bit,
but I'm so curious to see what this new event
would be like. And it was really fun. You know,
there's a lot to talk about here because you've got
(13:34):
the auctions, which are kind of a separate thing, and
then you've got the event itself, and then you've got
just sort of like Miami versus Amelia Island. So there
are a lot of layers to it.
Speaker 2 (13:46):
Well, let's just let's remind listeners that Amelia Island is
the classic concor It's got a ton of auctions at it.
It's one of the events, like if you're a big
rich car person, this is one of the of the
must see or must attend events of the year. And
this year somebody split off and decided to do another
(14:10):
event in Miami, which is like four hundred miles away, right,
And so we were wondering will the big collectors be
faithful to Amelia Island and to I guess Haggerty, which
is just bought the event, or will they go off
to Miami with the upstart with Rob What happened.
Speaker 1 (14:29):
So, you know, as you'll recall, Haggerty's auction house, Broad
Arrow took over sort of the dominant auction side at
Amelia Island, which effectively forced arm Southeby's out. So Rob Myers,
who's the head of arm Southeby's, like you said, started
his own Concore four hundred miles south in Miami during
(14:49):
the same weekend, which forced everyone to kind of pick
except for a few very wealthy or motivated people who
did actually end up doing both, which seems like a lot.
But I have to say, you know, actually Gooding in
Company reported the highest sales for the weekend in terms
of the auctions, and broad Eero was number two. So
(15:11):
Amelia Island, I don't think in terms of auction results
did not suffer at all. RM Sotheby's was number three
for the weekend and Bottoms was four. So every analyst
that I spoke with said, look splitting the weekend between
Miami and a Millia Island. It actually didn't affect auction
results at all. People still you can know, you can
(15:33):
obviously still bid by phone. Cars got bought, cars got sold.
It's a little volatile right now. But really the split
didn't affect the auction results. I think where the split
did affect people is in terms of which cars were
displayed where, and like you say, Matt, this was really
you know, these are a million island is where you
(15:55):
show your five million dollars perfect goal wing or your
packard or your Dusenburg. So Rob did a good job.
He got eight former Pebble Beach winners on the lawn
at Moda Miami, which was a pretty big deal. But
you know, the people at Amelia had some great showers too.
They had to clash just for roof Porschas and had
(16:17):
fourteen roofs on the lawn at the same time, which yeah,
I thought, I don't think there have ever been fourteen
roofs together. So that's that's impressive. You know. I have
to say, Miami, I found as a venue was a
lot easier and more fun than Amelia Island, just because
of logistics. Amelia Island is like forty five minutes outside
(16:41):
of Jacksonville. There's not a whole lot to do there
besides the concor and Miami's Miami as you know, so
it's interesting. You know, there were some missteps at MODA.
I think, you know, there was supposed to be a
night concre that didn't really pan out like I thought
it was going to pan out. They there was still
a night event, but they didn't have the cars lit,
(17:03):
so I you know, I think they that may have
fallen through a bit.
Speaker 2 (17:07):
But people whole bunch of cars, Like it looked like
you were in like a at night, a garage. It
looked like you were in some kind of industrial building
and you were walking past a number of black like rolls,
royces and stuff. What was that?
Speaker 1 (17:24):
Oh? That was actually an art show in Los Angeles.
That was a show for a Freeze week that a
friend through and that was just basically like an art
installation of so nothing random black cars, which the cars
weren't significant really other than just being black. But I
(17:44):
did think it was cool.
Speaker 2 (17:46):
I see, so that's just Hannah Elliott's life.
Speaker 1 (17:48):
So that was separate.
Speaker 2 (17:50):
Like I saw pictures of you with Lake bell as
well at a dinner party. So that's this is just
how you live in LA.
Speaker 1 (17:55):
We love Lake and she has graciously said that she
would like to be on, so we're working on her scheduling.
But Lake is a very astute car collector and enthusiast herself,
so I think we really want to get her on
to talk to us. I guess her her taste, Matt
runs very close to yours, you know, with sort of
(18:17):
this sort of Pontiac trans am firebird, that wheelhouse, so
you guys would have a lot to talk about.
Speaker 2 (18:24):
Love it all right, So I just want to finish
with the with the auction because you wrote a good
story about it for Bloomberg, and I thought there was
an interesting, I don't know if discrepancy is the right
word anomaly in terms of the numbers, because this year,
total sales of all the auctions, the Florida auctions over
the weekend was one hundred and eighty six million in change,
(18:44):
so that's actually a little bit more from last year
it was one hundred and seventy eight million, so just
a very little bit more. But last year the average
price of a car I noticed was higher four hundred
and forty nine thousand dollars was the average, and this
year the average price of a car was three hundred
and eighty five thousand dollars, so I guess they sold
(19:05):
far more vehicles this year than they did last year.
Speaker 1 (19:09):
Yes, and there's also this thing emerging that is sort
of the natural turnover of generations, where we are seeing
fewer and fewer significant cars from the fifties and sixties
sell and more and more significant cars from the nineties
and two thousands, and those cars, the later model cars,
(19:33):
I don't think they've actually matured with their price values,
so those tend to be they're on the rise and
they're gaining popularity, but they haven't really hit their peak
numbers yet, so I think that's also holding down the
number of the average transaction price. It's really interesting. Of course,
we still see you know, the racing Porsches from the
sixties and the Ferraris from the sixties still obviously selling well,
(19:58):
they're at the top. This nineteen oh three Mercedes Simplex
that sold for twelve point one million dollars was the
top seller of the weekend, so obviously that's a very
old car. But then you start to see some Bugattis
slipping some land. Newer bugattash is slipping. Newer bugattis yes, exactly.
Speaker 2 (20:18):
Yeah, so newer Bugatti is selling.
Speaker 1 (20:20):
Yeah, from you know, after two thousand.
Speaker 2 (20:22):
Yeah, not the type thirty five or whatever exactly. And
you've got like a two thousands Ferrari right six twelve
that went way higher than the estimate. Obviously, Lamborghini's there's
a lot of kind of a rat Radwood stuff as
well that was selling, which is I guess a new
(20:43):
what what's Radwood like a new festival where people dress
like the nineties and by nineties cars.
Speaker 1 (20:48):
Yes. Radwood is also owned by Haggarty and it's a
series of car shows where, yes, you dress like you're
from the eighties and you drive your eighties car or
like you're just quirky oddball car from you know, a
late model collectible car or non collectible and it's just
like a lot of me on and a lot of
synthesizer music, and it's just people having fun with their cars,
(21:11):
which is really great and honestly a lot of those
cars are cool. And speaking of I'm starting to see
a ton of vectors around. I don't know if you're
into vectors at all, Matt But that's another model that
all of a sudden they're just sort of showing up.
So there's definitely this pull for like you know, nineteen
(21:33):
ninety era and later cars that it's happening.
Speaker 2 (21:44):
Let's get to the new Dodge charger, because they introduced
it this week, and I think expectations were pretty low
after the concept was shown, which had such a long
name that I can't even remember, but it was something like, uh,
Daytona charger, Banshee or whatever. Now they've introduced, oh, the
(22:06):
new the new charger, what it's actually going to look like,
and I think it looks fantastic. I don't know your thoughts.
I'd love to hear him. I sent you a little
video like Edmund's video doing you know the intro, but
I've watched every single one. It looks fairly similar to
the old car, to the old Challenger, I think. But
you can have it in two door or four door,
(22:28):
you can have it in electric or gas. Not a
V eight but an in line six. And I'm I'm
a I'm a taker. I like it a lot.
Speaker 1 (22:38):
I'm I'm very surprised number one that you're not throwing
a tantrum about not getting a V eight. I'm shocked. Actually, well,
I have one.
Speaker 2 (22:47):
I have one.
Speaker 1 (22:47):
Secondly, but don't aren't you on principle, you know, disturbed
that just in general, you can't get a charger with
a V eight anymore. I mean, I I thought you'd
be outraged.
Speaker 2 (23:01):
Frankly, I don't really understand why. I don't mind it,
because I've driven that new motor, the Hurricane in line six,
in other vehicles and I like it a lot. So
I'm looking forward to that and it doesn't take away
too much from the experience. Obviously, it's a different motor
(23:22):
than a V eight, but it's not like, yeah, cold
or weak or small, feeling like it's powerful and it's
full and it's warm. The other thing is, I'm happy
to have the power and performance of a hybrid in
this new car, and I can't wait until they come
out with one. That won't be until next year. I'm
confused though, as to why Dodge made this decision, because
(23:45):
Ford is still making V eights in the Mustang and
Farley came out like a couple weeks ago and basically said, dude,
we're gonna make these until they stop us. And Prusia
recently said kind of the same thing about the nine
to eleven. Obviously not a V eight, but they said, listen,
we're gonna make fast internal combustion engines until regulators like
you know, shoot us, right, so everybody's going back. You know,
(24:08):
Mercedes recently moved back if they said they're going to
stop making ice cars by twenty thirty and recently never mind, yeah, exactly,
never mind. I don't know why Dodge, which is like
the bad boy of the car world, right, if somebody
is gonna get detention, it's Dodge.
Speaker 1 (24:25):
I don't know where the headline.
Speaker 2 (24:27):
Would be the one group. You know, GM is still
making the VHS too, Why would Dodge be the one
group that says we're not going to do it anymore.
Speaker 1 (24:34):
I don't know. I'm not even into Dodge necessarily, and
I'm kind of annoyed by it. So, you know the
other thing, I'm just looking at this video you sent me, Matt,
and it looks very smooth out like the body design
looks super smooth, and it's tough. Obviously it's tough to
(24:59):
tell from video what a car looks like in real life.
But I'm a little bit worried that it's gonna just
look a bit bland. Do you have that concerned at all?
Speaker 2 (25:08):
Well, I love the way it looks, and I know
what you're saying. And actually the CEO of Dodge, Tim Kiniskus,
made a comment to that point. He said something like,
we're not gonna just make another melted jelly bean like
everybody else. I mean, everybody from Toyota to BMW seems
to have lost their stylist. Although I do look I
(25:30):
five that I drove, Otherwise it seems like it's just
a blob, like they're not making interesting shapes. I think
this is different because it looks more like a muscle car.
And Caniscus said they took absolutely zero steps to make
it more efficient, so any efficiency that they've got out
(25:50):
of this design is purely by chance. They're gonna have
I think four hundred and ninety six horsepower in the
entry level trim, the r T, and then the scat
pack is going to have six hundred and seventy horse power,
and you know, eventually you'll have a Banshee that has
nine hundred or a thousand horse power or more. They've
got a rival lucid Air with that two hundred and
(26:14):
thirty four horse power vehicle. So I think the future
looks brighter for Dodge this week than I thought last week.
Speaker 1 (26:21):
Basically, Okay, another question for you. How do you feel
about the light band across the front and the back,
like just the band of light led looking lights.
Speaker 2 (26:32):
So I've evolved on this because I have oka. I
never liked it before, and I think the most famous
example of a light band is the nine to eleven
Careerra four right or four s.
Speaker 1 (26:45):
Yeah, but at least that hip. Yeah.
Speaker 2 (26:48):
Well, now Porsche's doing it on everything, and I didn't
like it back in the day when I was shopping
for a nine to eleven and ten or fifteen years ago,
I thought I don't want that, But now I love
it on you know, the new Macon has it, and
the kay and everything has it, and I'm starting to
like it better. I like the new symbol that Dodge
(27:08):
has and I'm excited to hear what the fake sound
sounds like.
Speaker 1 (27:15):
Excited, scared, yes exactly.
Speaker 2 (27:18):
I might hate it, but I'm I'm pretty I'm pretty
psyched about this new charger. And they're not going to
use the Challenger name, by the way, so they'll have
a two door and a four door charger, But Challenger,
I guess they're just keeping in their back pocket for
another day.
Speaker 1 (27:33):
Have they said when they're going to get some cars delivered.
Speaker 2 (27:36):
No, And I actually just wrote to the company, to
the people who are in charge of the fleet to ask.
You know, there are new trucks out too, ram trucks,
and those are going to be coming much sooner than
the chargers. So I don't know when I want to
be able to drive it, but hopefully soon, and hopefully
it doesn't make me regret buying my Challenger last year,
(27:59):
you know, yeah, and one to trade up. I don't
think that's gonna happen.
Speaker 1 (28:02):
I doubt it. I mean, yours is a V eight exactly.
Speaker 2 (28:06):
Mine is a big combustion V eight, three hundred and
ninety two cubic inches I think, four leaders and it
is a lot of fun to drive. But it won't
be nearly as fast as these cars, and it won't
be nearly as agile. I mean, they're still heavy, right.
The new charger weighs almost six pounds, but it's got
sixteen inch rotors and six piston brakes at least in
(28:30):
the front, so it'll stop. It's usually you know, in
the age of electric cars, the speed and the agility
isn't as much as we thought it was gonna be.
Right without the sound and the shifting gears and the
whole visceral experience, it's just not as great. I will
say again though, that the BMW I five totally blew
(28:51):
me away and I can't wait to drive it again.
So at least there's one electric car out there that
I really want to be behind the wheel of.
Speaker 1 (28:59):
This is good. No, So that's like two from BMW
for you, because you love the Ix.
Speaker 2 (29:03):
As well, exactly. I think those are two of the
best cars to choose from right now. If you care
about driving and you want an electric car, those are
two I would choose. I will say, I haven't driven
the Tychon. I'm sure you've driven it. I'm sure it's amazing.
Why never been behind the wheel? No, I haven't driven it, Matt.
Is it good?
Speaker 1 (29:21):
Oh well? Oh yes, this needs to change definitely. And
you know they're bringing out the electric Macon this spring.
You know they're going to have press drives in April,
so now we're going to have a second obviously it's
an suv, but yeah, you definitely need to get in
a tycan because you're going to have to drive the
(29:43):
electric Maccon soon after, so I want to.
Speaker 2 (29:46):
I really do want to drive a tychon just to
see what it's like. I'm excited for Matt Farrah to
get an electric McCann because I listened to his podcast
at the Smoking Tire and he's ordered one. And then
I really want to hear more details about the nine
to eleven. Is it going to be a facelift? Are
we going to see any serious changes? I mean, we're
(30:06):
starting to learn more and more about about the evolution
of this car this year, right, We're going to see
something new this year in terms of nine to eleven.
Speaker 1 (30:15):
Yes, we are. And I know we've talked about this before,
whether it's going to be a hybrid. You know, there's
room in the engine bay for that. They've said never electric,
but you know, maybe hybrid. I don't have any fresh
insight on that. Every time I see those guys, I
ask them and they're Germans, so they're very good at,
(30:36):
you know, following the rules and keeping it a secret. Man.
I don't know, I don't I don't know. I don't
want to say because I don't want to get it wrong.
Speaker 2 (30:46):
I feel like you know more than your watch. But
we'll we'll learn. I guess we'll learn more details as
the year goes on. What have you got planned, Tanna
for for this week coming up? Is there anything fun?
Speaker 1 (30:58):
Yes? So the power Play conference where I'll be moderating
a panel on e sports, and then after that, I'm
going to fly to Medina and then drive out into
the desert to a hotel called called Habitas, which is
in an old ancient city called Alula. They say this
hotel has a reputation for sort of being like a
(31:19):
burning Man style hotel, which will be interesting in a
country that doesn't allow alcohol or drugs. So I'm very
curious what burning man means in Saudi Arabia. But I'll
be reporting on that for pursuits, and then after that
it's back to La for me. I've got a few
(31:41):
Mercedes I'm gonna drive. It's my dad's seventieth birthday coming up,
so my whole family's coming into town.
Speaker 2 (31:46):
Nay, mister Elliott, I know.
Speaker 1 (31:49):
I know, I'm very excited. Seventy is a big one
for him. So yeah, what about you.
Speaker 2 (31:56):
I don't have anything humongous planned in terms of driving.
I'm looking forward to getting into the new BMW S
six next week, the Extrave forty I, so it'll be
the you know, the base in line six. But I
think that's a really great motor, so I'm excited to
(32:17):
drive it, and to be honest with you, I think
I'm just gonna go and hang around BMW and see
if I can get a little bit more see time
in the I five, because I was really so excited
about it when I finally got to drive it, but
it was the end of my loan when I really
opened it up. I don't think I appreciated it enough,
so a try and do more on that?
Speaker 1 (32:39):
Wow you, I mean, I don't think i've ever heard
you say you're going to go back to a car
you've just driven and given back.
Speaker 2 (32:45):
Well, the only other time I've done it is with
the IX, to be honest with you, so I had
that for a week and I did this is. Yeah,
I didn't pay enough attention to it, so I asked
if I could try it again. I think, you know,
I think they're doing a really good job with their
electric cars, and other than the M two, I'm not
(33:06):
really blown away by their ice cars right now. It's
kind of the opposite of Mercedes, because Okay, they did
a great job with their electric cars, but I don't
think they really stand out, and they're coming out with
some amazing gas vehicles. The other thing is they have
a new SL sixty three AMG that I really want
to try. So there's a lot out there.
Speaker 1 (33:26):
Yes, that's an amazing car. Yeah, that's an amazing car.
The problem I have with Mercedes right now is, to
your point, so many of their internal combustion engine vehicles
are really good, and they're all kind of similar, and
they really blur together, and even for me, whose job
it is to keep them straight, sometimes it can be
difficult to keep them straight. Did I drive the gl
(33:49):
E or was it the gl something else? And Truel
is really good AMG.
Speaker 2 (33:57):
Yeah, I'm pumped. Apparently it's like a two plus two
instead of just two seats up front, And I get
what you're saying about. You know, the setup is the
same across the entire model lineup, But as long as
it's a four liter V eight with two turbos on it,
I'm going to be pretty happy about it. Well, I
(34:19):
think that does it for this week. We'll be back
at the same time, same place.
Speaker 1 (34:23):
Now you know.
Speaker 2 (34:24):
Are we back?
Speaker 1 (34:24):
Please send us an email if you haven't, we'd love
to hear from you.
Speaker 2 (34:29):
Hot pursuit at bloomberg dot net.
Speaker 1 (34:31):
Yes, Hot pursuit at Bloomberg dot net.
Speaker 2 (34:34):
All right, shoot us an email and we'll see you
next week.
Speaker 1 (34:36):
I'm Matt Miller and I'm Hannah Elliott, and this is
Bloomberg
I'm Matt Miller and I'm Hannah Elliott, and this is
hot Pursuit.
Speaker 2 (00:11):
This is going to be another one of those different
audio recordings because Hannah is in a hotel room by
an airport or a Formula one track or something out
in Jetta in Saudi Arabia. I'm in my basement. I
just got back from a week long high school bro
trip to Colorado, so I'm kind of recovering at home.
But I'm good, and how are you?
Speaker 1 (00:33):
I'm good. I mean, look, we both want this to
happen because we really like it. It's really fun and
I'm just happy to talk to you. I want to
hear all about your trip. I want to hear about
what you ended up renting. And yeah, I mean being
in Saudi Arabia maybe sounds glamorous, but I'm literally sitting
(00:54):
on the floor with the laptop on a chair in
front of the telroom bed. It's basically You're right, it's
an airport hotel.
Speaker 2 (01:02):
So why don't you start off by telling us why
you're there, what are you doing in Jetta, and what's
the Formula one layout look like?
Speaker 1 (01:10):
So I'm in Jeta for a conference that Bloomberg is
throwing and the conference is called Bloomberg Power Players Jetta
and Bloomberg throws these types of conferences around the world.
This one is focusing on the role of Saudi Arabia
in sports and just all of the investments that the
(01:30):
Saudis have made in tennis, golf, soccer, e sports, Formula
one of course, and so we're just talking about the
power players and the potential that is here and everything
that's happening. And of course, as everybody knows, the Saudi
Arabian Grand Prix is happening this weekend, and so the
(01:52):
conference is leading into the race this weekend, so everyone's
very excited. The conferences at the Jetta Yacht Club, which
is along the track, along where the track will be
once they finished building it. So yeah, it feels very
much in the thick of things. A lot of people
are excited. At this hotel. There were a bunch of
(02:14):
workers who are Formula one workers who set up the track.
It was like me and a hundred of those guys.
So it definitely feels like I'm right in the mix,
which is very cool.
Speaker 2 (02:26):
I don't follow Formula one because I watch Moto GP
and that's kicking off this weekend, by the way, so
we're going to see fighting Mark Marquez riding a Ducati,
which I'm pretty pumped about. But in terms of Formula one,
what's the latest gossip? And to the soud East field
a team, you know, what's the deal with ineos, what's
the deal with drivers switching around? Just give us the
(02:49):
shorthand kind of the cliff.
Speaker 1 (02:51):
Well, okay, the latest thing that everybody's talking about is
Christian Horner, of course, who's the team principle at red Bull,
who was accused of sending inappropriate texts and coercion of
(03:12):
lower ranking employee and there was an investigation which cleared
him of that, but then the texts and screenshots were
emailed to about two hundred people in the industry and out,
and so it appears he did send all of the
things that he said he didn't send. And there's quite
(03:35):
a movement spearheaded in part by Max for Staffin's dad
to call for Christian Horner's ouster from the team for
obvious reasons. And it's a really big deal because Red
Bull is of course winning everything, and Max for Staffan
is winning everything, and so there's a ton of drama
(03:57):
off the track right now in form one. Of course.
The other thing too is Christian Horner is married to
Ginger Spice, so it's a very high profile marriage. She
actually appeared with him on track hand in hand, so
she seems to be standing by her man for the
(04:17):
time being. But honestly, that's like the big, big drama
right now. Of course we know that, you know, Lewis
Hamilton's announcement that he's going to Ferrari is a really
big deal too, but that's like old news compared to
this Horner thing.
Speaker 2 (04:32):
Yeah, all right, so we're straying pretty far away from
the world with cars. Really, Yeah, let's get back to
that's the vehicles. I'm curious to know what you see
driving around there? What are you what did you rent
or what are you driving? What's hot right now?
Speaker 1 (04:46):
And in Saudi Arabia, okay, a lot of really bashed
up Toyota, Camray's, Honda Accords. I mean there seemed to
be no obvious traffic rules or enforcement or indicating and
so it's truly it's like whoever has the more busted
(05:07):
up car gets gets priority in the lane. There are
some small trucks, like the kind of small sort of
lorries you might see in England or in elsewhere in Europe,
but no like big work trucks, no F one fifties,
no huge Dodge rams or anything like that.
Speaker 2 (05:25):
I figure the high Lucks is probably a big product there.
I mean, just growing up watching talk here, I was
always convinced that the Toyota High Lucks was a truck
that was everywhere else but America, and probably definitely in
Saudi Arabia.
Speaker 1 (05:37):
I think I think that's accurate. Definitely. I have not
seen a single electric vehicle. I spoke with someone who
said she owned Elucid, but apparently I haven't seen any.
And I was on the road for two hours today,
so not a lot of evs.
Speaker 2 (05:53):
I really like bust up Lamborghinis everywhere rolls Royce's shakes
like with custom made cars for their falcons. You don't
see that.
Speaker 1 (06:01):
No, the nicest car I've seen actually was a white
Jaguar F type and it really stood out because it
was by far the nicest car I've seen. And obviously
we know the supercars are here, but I don't think
they're being driven in like rush hour traffic. I definitely
did not see them.
Speaker 2 (06:19):
I also assume in Saudi Arabia that everybody has like
dune buggy racers or you know, something to drive in
the desert. Isn't that like something that you know while
you're there.
Speaker 1 (06:30):
Yes, yes, And I'm going to report back to you
on that because after the conference, I'm going to go
on to Medina and then another town called Alula out
in the desert, and I'm expecting that there will be
the off road buggies and like cool desert stuff there.
So I'll have to get back to you on that,
but I know they're here.
Speaker 2 (06:50):
I just need to get out there, so we'll get
some of that next week. I will just briefly tell
you that I out in Colorado rented on Touro for
the first time, so I wasn't sure what the experience
would be like, but I came away pretty pleasantly surprised
in terms of just the ease and convenience of it,
because you know, I just looked through the app picked
(07:12):
out like a lifted jeep with thirty seven inch tires
on it, and you know, clicked, rented it, picked it
up at the airport, dropped it off at the airport.
It was easy, it was it was definitely easier than
going to like Hertz. On the other hand, I didn't
see the selection of incredibly cool cars that I thought
(07:33):
I would. You know, I was looking for something special,
like a I don't know, like a twenty thirteen Boss
three H two Laguna Seka, you know those Mustangs, or
like some crazy lifted super duty truck, or you know,
just something weird or rare, and it doesn't seem like
(07:54):
Turo's necessarily the marketplace for that from that color Well,
I know it's in Colorado, but you know, there's a
lot of people in Denver, there's a lot of people
in Boulder. It's there's tons of Wall Street guys that
are working out of Veil on Steamboat Springs, So I
figured there'd be cool cars, but those obviously aren't the
people who are renting their cars on Touro. And I
(08:16):
realized what it is is either you have a fleet
of vehicles that you bought for cheap and you rent
them for a profit, or you're like a normal person
that got in way over your head on payments and
so you rent your car to help pay for it.
But it's not like, you know, there's some car enthusiasts
(08:37):
or collectors who are renting out their proudest possessions obviously.
Speaker 1 (08:41):
Yeah. No, I don't know anyone who would do that,
who actually had a cool car that liked it.
Speaker 2 (08:46):
No. I mean I just got excited because you've got
that Tesla cybertruck, and so I figured there must be
no people with awesome stuff like I would love to
see a lucid Air, for example. I would jump on
that in a heartbeat.
Speaker 1 (08:57):
That'd be really cool. Do you mind if I ask
how much you paid Toro Rento?
Speaker 2 (09:04):
No? So I realized there weren't going to be any
special or different cars, and then I thought, Okay, it's Colorado,
so let me look at Jeeps and Broncos. Right. The
Broncos were a little bit a higher price. I guess
they're more special, right because it's newer, and there just
aren't as many as there are for wranglers. So those
were like one hundred ten to one hundred and fifty
(09:25):
dollars a day. The wranglers I found for much less.
I think I ended up getting the one that we
drove for the week for eighty five dollars a day.
But the thing that Turo does that really grinds my
gears is when you're searching, they say, Okay, this car
is you know, four hundred for the week, not including
(09:45):
taxes and fees. Well why not they had the technology
to include taxes and fees and the little quote that
they give you at the bottom of the screen. Because
I'm going through these cars and I'm saying like four
hundred four to fifty five hundred a week, and then
when I get to finally pay, it's like seven hundred
or eight hundred because they tack on so much, like
they should show that straight away instead of hitting me
(10:07):
with it after I finally clicked through the whole process.
Speaker 1 (10:11):
So how did the Jeep perform for you? Like during
the actual trip.
Speaker 2 (10:17):
It was the perfect vehicle to be honest. I mean,
you've got to drive when you fly to Denver and
ski and Veil, You've got to drive two hours out
to Veil from the airport, So that part is kind
of it's not great with a lifted Jeep and thirty
seven inch you know, M and T tires on it.
But once we got there, I was able to drive
over everything and it wasn't so bad on the highway.
(10:40):
Like the first day that we were driving around, it
had just dumped a lot of snow, so other vehicles
were you know, stuck or running off the road, and
we were enjoying ourselves. It was it was a pretty
pleasant experience. I mean, I know what it's like to
drive a Jeep. I've driven jeeps a lot, and usually
the first day it's stressful, and then you get used
to it. And now going back to a regular car
(11:02):
is going to be kind of boring because the steering
doesn't like center itself, so you have to kind of
do a little bit more work. But I think it
ends up being fun because it's more interactive.
Speaker 1 (11:13):
Yeah, I totally get that. Did they actually plow the
roads or was there snow actually on the road.
Speaker 2 (11:18):
The first day that we drove out of Vail, we
went west to the Iron Mountain Hot Springs, and they
hadn't plowed the roads yet, so it was crazy. But
otherwise every day they were on it. I mean, you know,
in Colorado, they're used to it, so they do a
pretty good job. It was a it was a good trip.
Speaker 1 (11:37):
So are you saying that you went to Hot Springs
with like five of your bros.
Speaker 2 (11:43):
Yes, well, well we're all It grows and you know,
I was actually thinking about this. It was after a
couple of days of skiing, and we were just beat.
Me and my friends, who are all around the age
of fifty, were like an internal combust engine that needs
a lot of maintenance. You know, it needs to be
(12:04):
properly lubricated. You know, you've got to warm it up
before you can really get on it. But it's not
like we're carburetors. We still have fuel injection, and it's
not like handstarters, like we have an electric starter, you know.
But the kids that we saw on the mountain, like
the fifteen year old kids, they're like evs without even
(12:26):
a start button. I mean, they were just going off.
It was pretty great. We got a couple feet of snow,
and yeah, I had a good time. I'm glad we
left with no injuries.
Speaker 1 (12:36):
Would you use Touro again.
Speaker 2 (12:38):
I will definitely use Touro again. But I just don't
find as much selection as I would have liked in Denver,
And so then I started looking around New York City.
It's equally bleak. I would say, maybe there's a place
where Touro thrives and has an incredible collection of vehicles
that you can choose from. I just I just not
(13:00):
finding the sort of special, rare, unique cars that I
was looking for. I would find them if I went
to Amelia Island last weekend, which I know you did,
or did you go to Moti Miami or did you
do both?
Speaker 1 (13:12):
That that was a killer segue, Thank you. I actually
went to Mota Miami, and I was very curious to
see I mean, We've talked about this a little bit,
but I'm so curious to see what this new event
would be like. And it was really fun. You know,
there's a lot to talk about here because you've got
(13:34):
the auctions, which are kind of a separate thing, and
then you've got the event itself, and then you've got
just sort of like Miami versus Amelia Island. So there
are a lot of layers to it.
Speaker 2 (13:46):
Well, let's just let's remind listeners that Amelia Island is
the classic concor It's got a ton of auctions at it.
It's one of the events, like if you're a big
rich car person, this is one of the of the
must see or must attend events of the year. And
this year somebody split off and decided to do another
(14:10):
event in Miami, which is like four hundred miles away, right,
And so we were wondering will the big collectors be
faithful to Amelia Island and to I guess Haggerty, which
is just bought the event, or will they go off
to Miami with the upstart with Rob What happened.
Speaker 1 (14:29):
So, you know, as you'll recall, Haggerty's auction house, Broad
Arrow took over sort of the dominant auction side at
Amelia Island, which effectively forced arm Southeby's out. So Rob Myers,
who's the head of arm Southeby's, like you said, started
his own Concore four hundred miles south in Miami during
(14:49):
the same weekend, which forced everyone to kind of pick
except for a few very wealthy or motivated people who
did actually end up doing both, which seems like a lot.
But I have to say, you know, actually Gooding in
Company reported the highest sales for the weekend in terms
of the auctions, and broad Eero was number two. So
(15:11):
Amelia Island, I don't think in terms of auction results
did not suffer at all. RM Sotheby's was number three
for the weekend and Bottoms was four. So every analyst
that I spoke with said, look splitting the weekend between
Miami and a Millia Island. It actually didn't affect auction
results at all. People still you can know, you can
(15:33):
obviously still bid by phone. Cars got bought, cars got sold.
It's a little volatile right now. But really the split
didn't affect the auction results. I think where the split
did affect people is in terms of which cars were
displayed where, and like you say, Matt, this was really
you know, these are a million island is where you
(15:55):
show your five million dollars perfect goal wing or your
packard or your Dusenburg. So Rob did a good job.
He got eight former Pebble Beach winners on the lawn
at Moda Miami, which was a pretty big deal. But
you know, the people at Amelia had some great showers too.
They had to clash just for roof Porschas and had
(16:17):
fourteen roofs on the lawn at the same time, which yeah,
I thought, I don't think there have ever been fourteen
roofs together. So that's that's impressive. You know. I have
to say, Miami, I found as a venue was a
lot easier and more fun than Amelia Island, just because
of logistics. Amelia Island is like forty five minutes outside
(16:41):
of Jacksonville. There's not a whole lot to do there
besides the concor and Miami's Miami as you know, so
it's interesting. You know, there were some missteps at MODA.
I think, you know, there was supposed to be a
night concre that didn't really pan out like I thought
it was going to pan out. They there was still
a night event, but they didn't have the cars lit,
(17:03):
so I you know, I think they that may have
fallen through a bit.
Speaker 2 (17:07):
But people whole bunch of cars, Like it looked like
you were in like a at night, a garage. It
looked like you were in some kind of industrial building
and you were walking past a number of black like rolls,
royces and stuff. What was that?
Speaker 1 (17:24):
Oh? That was actually an art show in Los Angeles.
That was a show for a Freeze week that a
friend through and that was just basically like an art
installation of so nothing random black cars, which the cars
weren't significant really other than just being black. But I
(17:44):
did think it was cool.
Speaker 2 (17:46):
I see, so that's just Hannah Elliott's life.
Speaker 1 (17:48):
So that was separate.
Speaker 2 (17:50):
Like I saw pictures of you with Lake bell as
well at a dinner party. So that's this is just
how you live in LA.
Speaker 1 (17:55):
We love Lake and she has graciously said that she
would like to be on, so we're working on her scheduling.
But Lake is a very astute car collector and enthusiast herself,
so I think we really want to get her on
to talk to us. I guess her her taste, Matt
runs very close to yours, you know, with sort of
(18:17):
this sort of Pontiac trans am firebird, that wheelhouse, so
you guys would have a lot to talk about.
Speaker 2 (18:24):
Love it all right, So I just want to finish
with the with the auction because you wrote a good
story about it for Bloomberg, and I thought there was
an interesting, I don't know if discrepancy is the right
word anomaly in terms of the numbers, because this year,
total sales of all the auctions, the Florida auctions over
the weekend was one hundred and eighty six million in change,
(18:44):
so that's actually a little bit more from last year
it was one hundred and seventy eight million, so just
a very little bit more. But last year the average
price of a car I noticed was higher four hundred
and forty nine thousand dollars was the average, and this
year the average price of a car was three hundred
and eighty five thousand dollars, so I guess they sold
(19:05):
far more vehicles this year than they did last year.
Speaker 1 (19:09):
Yes, and there's also this thing emerging that is sort
of the natural turnover of generations, where we are seeing
fewer and fewer significant cars from the fifties and sixties
sell and more and more significant cars from the nineties
and two thousands, and those cars, the later model cars,
(19:33):
I don't think they've actually matured with their price values,
so those tend to be they're on the rise and
they're gaining popularity, but they haven't really hit their peak
numbers yet, so I think that's also holding down the
number of the average transaction price. It's really interesting. Of course,
we still see you know, the racing Porsches from the
sixties and the Ferraris from the sixties still obviously selling well,
(19:58):
they're at the top. This nineteen oh three Mercedes Simplex
that sold for twelve point one million dollars was the
top seller of the weekend, so obviously that's a very
old car. But then you start to see some Bugattis
slipping some land. Newer bugattash is slipping. Newer bugattis yes, exactly.
Speaker 2 (20:18):
Yeah, so newer Bugatti is selling.
Speaker 1 (20:20):
Yeah, from you know, after two thousand.
Speaker 2 (20:22):
Yeah, not the type thirty five or whatever exactly. And
you've got like a two thousands Ferrari right six twelve
that went way higher than the estimate. Obviously, Lamborghini's there's
a lot of kind of a rat Radwood stuff as
well that was selling, which is I guess a new
(20:43):
what what's Radwood like a new festival where people dress
like the nineties and by nineties cars.
Speaker 1 (20:48):
Yes. Radwood is also owned by Haggarty and it's a
series of car shows where, yes, you dress like you're
from the eighties and you drive your eighties car or
like you're just quirky oddball car from you know, a
late model collectible car or non collectible and it's just
like a lot of me on and a lot of
synthesizer music, and it's just people having fun with their cars,
(21:11):
which is really great and honestly a lot of those
cars are cool. And speaking of I'm starting to see
a ton of vectors around. I don't know if you're
into vectors at all, Matt But that's another model that
all of a sudden they're just sort of showing up.
So there's definitely this pull for like you know, nineteen
(21:33):
ninety era and later cars that it's happening.
Speaker 2 (21:44):
Let's get to the new Dodge charger, because they introduced
it this week, and I think expectations were pretty low
after the concept was shown, which had such a long
name that I can't even remember, but it was something like, uh,
Daytona charger, Banshee or whatever. Now they've introduced, oh, the
(22:06):
new the new charger, what it's actually going to look like,
and I think it looks fantastic. I don't know your thoughts.
I'd love to hear him. I sent you a little
video like Edmund's video doing you know the intro, but
I've watched every single one. It looks fairly similar to
the old car, to the old Challenger, I think. But
you can have it in two door or four door,
(22:28):
you can have it in electric or gas. Not a
V eight but an in line six. And I'm I'm
a I'm a taker. I like it a lot.
Speaker 1 (22:38):
I'm I'm very surprised number one that you're not throwing
a tantrum about not getting a V eight. I'm shocked. Actually, well,
I have one.
Speaker 2 (22:47):
I have one.
Speaker 1 (22:47):
Secondly, but don't aren't you on principle, you know, disturbed
that just in general, you can't get a charger with
a V eight anymore. I mean, I I thought you'd
be outraged.
Speaker 2 (23:01):
Frankly, I don't really understand why. I don't mind it,
because I've driven that new motor, the Hurricane in line six,
in other vehicles and I like it a lot. So
I'm looking forward to that and it doesn't take away
too much from the experience. Obviously, it's a different motor
(23:22):
than a V eight, but it's not like, yeah, cold
or weak or small, feeling like it's powerful and it's
full and it's warm. The other thing is, I'm happy
to have the power and performance of a hybrid in
this new car, and I can't wait until they come
out with one. That won't be until next year. I'm
confused though, as to why Dodge made this decision, because
(23:45):
Ford is still making V eights in the Mustang and
Farley came out like a couple weeks ago and basically said, dude,
we're gonna make these until they stop us. And Prusia
recently said kind of the same thing about the nine
to eleven. Obviously not a V eight, but they said, listen,
we're gonna make fast internal combustion engines until regulators like
you know, shoot us, right, so everybody's going back. You know,
(24:08):
Mercedes recently moved back if they said they're going to
stop making ice cars by twenty thirty and recently never mind, yeah, exactly,
never mind. I don't know why Dodge, which is like
the bad boy of the car world, right, if somebody
is gonna get detention, it's Dodge.
Speaker 1 (24:25):
I don't know where the headline.
Speaker 2 (24:27):
Would be the one group. You know, GM is still
making the VHS too, Why would Dodge be the one
group that says we're not going to do it anymore.
Speaker 1 (24:34):
I don't know. I'm not even into Dodge necessarily, and
I'm kind of annoyed by it. So, you know the
other thing, I'm just looking at this video you sent me, Matt,
and it looks very smooth out like the body design
looks super smooth, and it's tough. Obviously it's tough to
(24:59):
tell from video what a car looks like in real life.
But I'm a little bit worried that it's gonna just
look a bit bland. Do you have that concerned at all?
Speaker 2 (25:08):
Well, I love the way it looks, and I know
what you're saying. And actually the CEO of Dodge, Tim Kiniskus,
made a comment to that point. He said something like,
we're not gonna just make another melted jelly bean like
everybody else. I mean, everybody from Toyota to BMW seems
to have lost their stylist. Although I do look I
(25:30):
five that I drove, Otherwise it seems like it's just
a blob, like they're not making interesting shapes. I think
this is different because it looks more like a muscle car.
And Caniscus said they took absolutely zero steps to make
it more efficient, so any efficiency that they've got out
(25:50):
of this design is purely by chance. They're gonna have
I think four hundred and ninety six horsepower in the
entry level trim, the r T, and then the scat
pack is going to have six hundred and seventy horse power,
and you know, eventually you'll have a Banshee that has
nine hundred or a thousand horse power or more. They've
got a rival lucid Air with that two hundred and
(26:14):
thirty four horse power vehicle. So I think the future
looks brighter for Dodge this week than I thought last week.
Speaker 1 (26:21):
Basically, Okay, another question for you. How do you feel
about the light band across the front and the back,
like just the band of light led looking lights.
Speaker 2 (26:32):
So I've evolved on this because I have oka. I
never liked it before, and I think the most famous
example of a light band is the nine to eleven
Careerra four right or four s.
Speaker 1 (26:45):
Yeah, but at least that hip. Yeah.
Speaker 2 (26:48):
Well, now Porsche's doing it on everything, and I didn't
like it back in the day when I was shopping
for a nine to eleven and ten or fifteen years ago,
I thought I don't want that, But now I love
it on you know, the new Macon has it, and
the kay and everything has it, and I'm starting to
like it better. I like the new symbol that Dodge
(27:08):
has and I'm excited to hear what the fake sound
sounds like.
Speaker 1 (27:15):
Excited, scared, yes exactly.
Speaker 2 (27:18):
I might hate it, but I'm I'm pretty I'm pretty
psyched about this new charger. And they're not going to
use the Challenger name, by the way, so they'll have
a two door and a four door charger, But Challenger,
I guess they're just keeping in their back pocket for
another day.
Speaker 1 (27:33):
Have they said when they're going to get some cars delivered.
Speaker 2 (27:36):
No, And I actually just wrote to the company, to
the people who are in charge of the fleet to ask.
You know, there are new trucks out too, ram trucks,
and those are going to be coming much sooner than
the chargers. So I don't know when I want to
be able to drive it, but hopefully soon, and hopefully
it doesn't make me regret buying my Challenger last year,
(27:59):
you know, yeah, and one to trade up. I don't
think that's gonna happen.
Speaker 1 (28:02):
I doubt it. I mean, yours is a V eight exactly.
Speaker 2 (28:06):
Mine is a big combustion V eight, three hundred and
ninety two cubic inches I think, four leaders and it
is a lot of fun to drive. But it won't
be nearly as fast as these cars, and it won't
be nearly as agile. I mean, they're still heavy, right.
The new charger weighs almost six pounds, but it's got
sixteen inch rotors and six piston brakes at least in
(28:30):
the front, so it'll stop. It's usually you know, in
the age of electric cars, the speed and the agility
isn't as much as we thought it was gonna be.
Right without the sound and the shifting gears and the
whole visceral experience, it's just not as great. I will
say again though, that the BMW I five totally blew
(28:51):
me away and I can't wait to drive it again.
So at least there's one electric car out there that
I really want to be behind the wheel of.
Speaker 1 (28:59):
This is good. No, So that's like two from BMW
for you, because you love the Ix.
Speaker 2 (29:03):
As well, exactly. I think those are two of the
best cars to choose from right now. If you care
about driving and you want an electric car, those are
two I would choose. I will say, I haven't driven
the Tychon. I'm sure you've driven it. I'm sure it's amazing.
Why never been behind the wheel? No, I haven't driven it, Matt.
Is it good?
Speaker 1 (29:21):
Oh well? Oh yes, this needs to change definitely. And
you know they're bringing out the electric Macon this spring.
You know they're going to have press drives in April,
so now we're going to have a second obviously it's
an suv, but yeah, you definitely need to get in
a tycan because you're going to have to drive the
(29:43):
electric Maccon soon after, so I want to.
Speaker 2 (29:46):
I really do want to drive a tychon just to
see what it's like. I'm excited for Matt Farrah to
get an electric McCann because I listened to his podcast
at the Smoking Tire and he's ordered one. And then
I really want to hear more details about the nine
to eleven. Is it going to be a facelift? Are
we going to see any serious changes? I mean, we're
(30:06):
starting to learn more and more about about the evolution
of this car this year, right, We're going to see
something new this year in terms of nine to eleven.
Speaker 1 (30:15):
Yes, we are. And I know we've talked about this before,
whether it's going to be a hybrid. You know, there's
room in the engine bay for that. They've said never electric,
but you know, maybe hybrid. I don't have any fresh
insight on that. Every time I see those guys, I
ask them and they're Germans, so they're very good at,
(30:36):
you know, following the rules and keeping it a secret. Man.
I don't know, I don't I don't know. I don't
want to say because I don't want to get it wrong.
Speaker 2 (30:46):
I feel like you know more than your watch. But
we'll we'll learn. I guess we'll learn more details as
the year goes on. What have you got planned, Tanna
for for this week coming up? Is there anything fun?
Speaker 1 (30:58):
Yes? So the power Play conference where I'll be moderating
a panel on e sports, and then after that, I'm
going to fly to Medina and then drive out into
the desert to a hotel called called Habitas, which is
in an old ancient city called Alula. They say this
hotel has a reputation for sort of being like a
(31:19):
burning Man style hotel, which will be interesting in a
country that doesn't allow alcohol or drugs. So I'm very
curious what burning man means in Saudi Arabia. But I'll
be reporting on that for pursuits, and then after that
it's back to La for me. I've got a few
(31:41):
Mercedes I'm gonna drive. It's my dad's seventieth birthday coming up,
so my whole family's coming into town.
Speaker 2 (31:46):
Nay, mister Elliott, I know.
Speaker 1 (31:49):
I know, I'm very excited. Seventy is a big one
for him. So yeah, what about you.
Speaker 2 (31:56):
I don't have anything humongous planned in terms of driving.
I'm looking forward to getting into the new BMW S
six next week, the Extrave forty I, so it'll be
the you know, the base in line six. But I
think that's a really great motor, so I'm excited to
(32:17):
drive it, and to be honest with you, I think
I'm just gonna go and hang around BMW and see
if I can get a little bit more see time
in the I five, because I was really so excited
about it when I finally got to drive it, but
it was the end of my loan when I really
opened it up. I don't think I appreciated it enough,
so a try and do more on that?
Speaker 1 (32:39):
Wow you, I mean, I don't think i've ever heard
you say you're going to go back to a car
you've just driven and given back.
Speaker 2 (32:45):
Well, the only other time I've done it is with
the IX, to be honest with you, so I had
that for a week and I did this is. Yeah,
I didn't pay enough attention to it, so I asked
if I could try it again. I think, you know,
I think they're doing a really good job with their
electric cars, and other than the M two, I'm not
(33:06):
really blown away by their ice cars right now. It's
kind of the opposite of Mercedes, because Okay, they did
a great job with their electric cars, but I don't
think they really stand out, and they're coming out with
some amazing gas vehicles. The other thing is they have
a new SL sixty three AMG that I really want
to try. So there's a lot out there.
Speaker 1 (33:26):
Yes, that's an amazing car. Yeah, that's an amazing car.
The problem I have with Mercedes right now is, to
your point, so many of their internal combustion engine vehicles
are really good, and they're all kind of similar, and
they really blur together, and even for me, whose job
it is to keep them straight, sometimes it can be
difficult to keep them straight. Did I drive the gl
(33:49):
E or was it the gl something else? And Truel
is really good AMG.
Speaker 2 (33:57):
Yeah, I'm pumped. Apparently it's like a two plus two
instead of just two seats up front, And I get
what you're saying about. You know, the setup is the
same across the entire model lineup, But as long as
it's a four liter V eight with two turbos on it,
I'm going to be pretty happy about it. Well, I
(34:19):
think that does it for this week. We'll be back
at the same time, same place.
Speaker 1 (34:23):
Now you know.
Speaker 2 (34:24):
Are we back?
Speaker 1 (34:24):
Please send us an email if you haven't, we'd love
to hear from you.
Speaker 2 (34:29):
Hot pursuit at bloomberg dot net.
Speaker 1 (34:31):
Yes, Hot pursuit at Bloomberg dot net.
Speaker 2 (34:34):
All right, shoot us an email and we'll see you
next week.
Speaker 1 (34:36):
I'm Matt Miller and I'm Hannah Elliott, and this is
Bloomberg
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