1
00:00:02,520 --> 00:00:07,600
Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

2
00:00:08,640 --> 00:00:11,879
Speaker 2: I'm Matt Miller, I'm Hannah Elliott, and this is Hot Pursuit.

3
00:00:19,880 --> 00:00:22,599
Speaker 1: Thanks so much for joining us again on another episode

4
00:00:22,600 --> 00:00:24,840
Speaker 1: of Hot Pursuit. We have a lot to talk about

5
00:00:24,840 --> 00:00:28,360
Speaker 1: today because there's a lot of car news, actually surprising

6
00:00:28,840 --> 00:00:31,840
Speaker 1: amount of car news that came out kind of overnight.

7
00:00:32,600 --> 00:00:35,919
Speaker 1: Porsche obviously, we talk about Porsha all the time, but

8
00:00:35,960 --> 00:00:39,280
Speaker 1: they're gonna be releasing some new models and we'll hear

9
00:00:39,640 --> 00:00:41,519
Speaker 1: the details from Hannah about that, at least as much

10
00:00:41,520 --> 00:00:44,320
Speaker 1: as we know thus far. Over the last couple of weeks,

11
00:00:44,360 --> 00:00:46,199
Speaker 1: there's been a lot of F one news, right with

12
00:00:46,440 --> 00:00:50,920
Speaker 1: Lewis Hamilton moving to Ferrari and Cadillac and the Andretti's

13
00:00:50,960 --> 00:00:54,320
Speaker 1: getting a big no, so we'll talk about that as well.

14
00:00:54,640 --> 00:00:57,400
Speaker 1: I've been driving a ton of different cars. Actually, I've

15
00:00:57,520 --> 00:00:59,400
Speaker 1: driven like four different cars over the last week.

16
00:01:00,120 --> 00:01:00,640
Speaker 3: Impressive.

17
00:01:00,840 --> 00:01:04,319
Speaker 1: Yeah. So I drove the well, the Mercedes GLS that

18
00:01:04,360 --> 00:01:08,480
Speaker 1: I was considering buying for our family. It's kind of

19
00:01:08,480 --> 00:01:10,959
Speaker 1: a bus I guess that was to be expected. But

20
00:01:11,200 --> 00:01:14,839
Speaker 1: I drove the BMW I five, which was at first

21
00:01:14,880 --> 00:01:16,600
Speaker 1: the first few days I was driving it because it

22
00:01:16,640 --> 00:01:19,080
Speaker 1: was around town and slow. I was like, this is boring,

23
00:01:19,200 --> 00:01:22,640
Speaker 1: just like every EV. But then when I drove it fast,

24
00:01:22,840 --> 00:01:26,080
Speaker 1: when I drove it in Anger, I was really impressed.

25
00:01:26,080 --> 00:01:29,080
Speaker 1: So we'll talk about that. And speaking of driving an

26
00:01:29,080 --> 00:01:31,320
Speaker 1: Anger and being impressed, I drove the Cadillac TT four

27
00:01:31,319 --> 00:01:35,160
Speaker 1: Black Wing, which amazing, amazing.

28
00:01:34,959 --> 00:01:36,600
Speaker 3: Great car that no one wants to buy.

29
00:01:36,760 --> 00:01:39,759
Speaker 1: Yeah. Well, and there's the CT five Black Wing as well.

30
00:01:39,920 --> 00:01:44,360
Speaker 1: Both of those cars have been lauded across the journalistic press.

31
00:01:44,400 --> 00:01:47,160
Speaker 1: But I just don't see that many, or maybe I

32
00:01:47,160 --> 00:01:47,640
Speaker 1: don't notice.

33
00:01:47,720 --> 00:01:50,000
Speaker 2: I never see them. I never see him anywhere on

34
00:01:50,040 --> 00:01:51,480
Speaker 2: the road. Well, he gets a la thing.

35
00:01:51,560 --> 00:01:54,280
Speaker 1: And the thing about the CT five Black Wing is

36
00:01:54,280 --> 00:01:56,000
Speaker 1: that it's kind of the last of a dying breed.

37
00:01:56,120 --> 00:01:58,960
Speaker 1: It's really a muscle car, you know, wrapped in an

38
00:01:59,360 --> 00:02:03,320
Speaker 1: executive Dan and we have a great guest today to

39
00:02:03,360 --> 00:02:05,720
Speaker 1: talk about all these things and more. But I'm going

40
00:02:05,800 --> 00:02:09,360
Speaker 1: to look forward to his comments on muscle cars, especially Hannah.

41
00:02:09,360 --> 00:02:10,160
Speaker 1: Who are we going to talk about.

42
00:02:10,200 --> 00:02:14,560
Speaker 2: Yeah, this is Mike Spagnola, the president and CEO of SEMA.

43
00:02:15,000 --> 00:02:18,280
Speaker 2: We have mentioned the SEMA Show, the infamous SEMA Show

44
00:02:18,360 --> 00:02:22,400
Speaker 2: in Vegas multiple times on this podcast and now we

45
00:02:22,520 --> 00:02:26,080
Speaker 2: have the top dog who's running the whole thing with us.

46
00:02:26,520 --> 00:02:30,160
Speaker 2: Mike's been in the business for over forty years. He's

47
00:02:30,200 --> 00:02:33,320
Speaker 2: worked for Sema since twenty thirteen, and he's been president

48
00:02:33,360 --> 00:02:36,760
Speaker 2: and CEO since twenty twenty two. So this guy knows

49
00:02:36,760 --> 00:02:40,080
Speaker 2: what he's talking about. And Yeah, I can't wait to

50
00:02:40,320 --> 00:02:41,800
Speaker 2: get his thoughts on a lot of stuff we.

51
00:02:41,840 --> 00:02:44,480
Speaker 1: Can well to me. Also, the aftermarket is what it's

52
00:02:44,520 --> 00:02:47,040
Speaker 1: really all about for a car lover. Right, If you're

53
00:02:47,080 --> 00:02:50,520
Speaker 1: a real car person, then you don't just buy something

54
00:02:50,560 --> 00:02:53,720
Speaker 1: off the lot and leave it the same the whole time.

55
00:02:53,960 --> 00:02:56,200
Speaker 1: Most likely you want to put your own personal touches

56
00:02:56,240 --> 00:02:57,639
Speaker 1: on it. Right, That's so right.

57
00:02:57,680 --> 00:03:01,520
Speaker 2: And this is actually perfect timing coming from the retromobile

58
00:03:01,600 --> 00:03:04,080
Speaker 2: show that I just came from in Paris, which is

59
00:03:04,200 --> 00:03:06,799
Speaker 2: kind of like a Sema, but it's for a classic

60
00:03:07,000 --> 00:03:10,840
Speaker 2: like beautiful, expensive classic cars like old Jaguars, old Porgas,

61
00:03:11,080 --> 00:03:15,240
Speaker 2: that sort of thing, and it's all European. So we

62
00:03:15,280 --> 00:03:17,880
Speaker 2: saw Sema in Paris, Ish and now we're going to

63
00:03:17,960 --> 00:03:21,920
Speaker 2: see the Vegas, the real Sema, the Vegas Sema. So

64
00:03:21,960 --> 00:03:25,040
Speaker 2: this is actually a perfect pivot coming off of the

65
00:03:25,080 --> 00:03:27,240
Speaker 2: aftermarket retromobile show all right.

66
00:03:27,280 --> 00:03:30,120
Speaker 1: Well, let's bring Mike in right now. He's just sat

67
00:03:30,160 --> 00:03:32,200
Speaker 1: down and gotten miked up and ready to join us.

68
00:03:32,520 --> 00:03:34,400
Speaker 1: A real pleasure to talk to you, Mike. I've been

69
00:03:34,440 --> 00:03:36,880
Speaker 1: a huge fan of SEMA from Afar. I've actually never

70
00:03:36,960 --> 00:03:40,240
Speaker 1: been to it. I'm ashamed to say. Tell us a

71
00:03:40,280 --> 00:03:42,360
Speaker 1: little bit about yourself. How did you get involved in

72
00:03:42,600 --> 00:03:44,040
Speaker 1: running SEMA.

73
00:03:44,720 --> 00:03:46,840
Speaker 4: I mean, I've been in the automotive industry since I

74
00:03:46,920 --> 00:03:50,320
Speaker 4: came out of high school, worked for several SEMA manufacturers,

75
00:03:50,720 --> 00:03:53,680
Speaker 4: owned a couple of those CEMA companies and enjoyed all

76
00:03:53,720 --> 00:03:57,560
Speaker 4: of it. Joined SEMA on their boarder directors about fifteen

77
00:03:57,640 --> 00:03:58,040
Speaker 4: years ago.

78
00:03:58,800 --> 00:04:01,640
Speaker 5: And then in two thousand thirteen, I.

79
00:04:01,640 --> 00:04:05,720
Speaker 4: Was selling my company and was going to just trying

80
00:04:05,720 --> 00:04:07,640
Speaker 4: to figure out what I wanted to do next, and

81
00:04:08,640 --> 00:04:11,240
Speaker 4: the idea came up for this thing called the Sema Garage,

82
00:04:11,640 --> 00:04:15,080
Speaker 4: which was a product development center that would help manufactures

83
00:04:15,800 --> 00:04:17,719
Speaker 4: develop products and get them to market. And I spent

84
00:04:17,960 --> 00:04:20,920
Speaker 4: pretty much my whole career, you know, developing products taking

85
00:04:20,960 --> 00:04:21,480
Speaker 4: into market.

86
00:04:21,600 --> 00:04:22,000
Speaker 5: And so.

87
00:04:23,680 --> 00:04:25,719
Speaker 4: Chris Kirstin, our president at the time, asked me if

88
00:04:25,760 --> 00:04:29,760
Speaker 4: I would come on for three years and create this

89
00:04:29,839 --> 00:04:32,800
Speaker 4: product abialment center before I moved on to whatever I

90
00:04:32,839 --> 00:04:34,240
Speaker 4: wanted to do, and I.

91
00:04:34,279 --> 00:04:34,960
Speaker 5: Agreed to do that.

92
00:04:35,040 --> 00:04:37,560
Speaker 4: So I'm now nearly twelve years into my three year

93
00:04:37,680 --> 00:04:41,400
Speaker 4: contract here at SEMA and ended up in the CEO

94
00:04:41,520 --> 00:04:43,400
Speaker 4: seat a couple of years ago when Chris retired.

95
00:04:43,640 --> 00:04:46,320
Speaker 2: I'm curious, can you just for people who might not

96
00:04:46,600 --> 00:04:49,120
Speaker 2: know exactly what SEMA is today.

97
00:04:49,640 --> 00:04:52,320
Speaker 3: We might know a little bit about what it.

98
00:04:52,240 --> 00:04:54,680
Speaker 2: Has been, but today, how would you describe it to

99
00:04:54,720 --> 00:04:57,840
Speaker 2: somebody who's never been but who's curious about going.

100
00:04:59,120 --> 00:05:02,080
Speaker 4: Yeah, you know, where a trade association, and you know,

101
00:05:02,120 --> 00:05:04,360
Speaker 4: people know us for the show. When I say something

102
00:05:04,400 --> 00:05:06,920
Speaker 4: about SEEMA, you know, they ask me if I live

103
00:05:06,920 --> 00:05:09,359
Speaker 4: in Las Vegas because that's where the show is. You know,

104
00:05:09,400 --> 00:05:12,560
Speaker 4: you can get to YouTube or just about any automotive

105
00:05:12,680 --> 00:05:15,800
Speaker 4: publication and know about the SEMA show. But I talk

106
00:05:15,839 --> 00:05:17,200
Speaker 4: a little bit about what we do the other three

107
00:05:17,279 --> 00:05:19,440
Speaker 4: hundred and sixty days a year, and we do a lot.

108
00:05:19,680 --> 00:05:23,800
Speaker 4: So we're a trade association. We help small to large

109
00:05:23,839 --> 00:05:28,080
Speaker 4: manufacturers with their businesses to make sure that they can

110
00:05:28,120 --> 00:05:30,760
Speaker 4: stay in business, to make sure that they we help

111
00:05:30,800 --> 00:05:33,200
Speaker 4: them with tools and services to help them grow and prosper.

112
00:05:33,720 --> 00:05:36,960
Speaker 4: Both on the retailer side, small mom and pop retailers

113
00:05:37,000 --> 00:05:39,280
Speaker 4: all the way up to the large chains, and then

114
00:05:39,360 --> 00:05:43,000
Speaker 4: small mom and pop widget makers for performance and aftermarket

115
00:05:43,000 --> 00:05:45,320
Speaker 4: parts all the way up to Ford Motor Company.

116
00:05:45,680 --> 00:05:46,240
Speaker 5: So it's a.

117
00:05:46,160 --> 00:05:51,840
Speaker 4: Really great mix of enthusiasts and entrepreneurs and people that

118
00:05:52,760 --> 00:05:56,680
Speaker 4: own these businesses that make whatever widget, aftermarket part you

119
00:05:56,720 --> 00:05:59,680
Speaker 4: can think of. We help them with their businesses. We

120
00:05:59,720 --> 00:06:03,480
Speaker 4: help them through advocacy in government affairs. We have this

121
00:06:03,560 --> 00:06:05,800
Speaker 4: Sema garage where we have these product development centers.

122
00:06:05,880 --> 00:06:07,359
Speaker 5: Yeah, I definitely want to do with education.

123
00:06:07,600 --> 00:06:08,960
Speaker 1: I definitely want to talk about it. I want to

124
00:06:08,960 --> 00:06:13,040
Speaker 1: talk about those garages for sure, and also about your

125
00:06:13,080 --> 00:06:16,880
Speaker 1: efforts to, I guess, defend the freedom of car lovers

126
00:06:16,880 --> 00:06:19,080
Speaker 1: in America. But I do want to get.

127
00:06:19,120 --> 00:06:20,920
Speaker 3: What does that mean? We got it? We definitely got it.

128
00:06:21,760 --> 00:06:23,719
Speaker 1: That means I do want to get the details on

129
00:06:23,760 --> 00:06:27,440
Speaker 1: the show because that is, you know, what everybody thinks about,

130
00:06:27,480 --> 00:06:30,719
Speaker 1: and that's where all these incredible releases come out. You

131
00:06:30,760 --> 00:06:34,120
Speaker 1: see these really cool one off cars that manufacturers are making,

132
00:06:34,160 --> 00:06:38,120
Speaker 1: their aftermarket parts manufacturers are putting out and what is

133
00:06:38,160 --> 00:06:41,120
Speaker 1: it every year in November? How long is it how

134
00:06:41,120 --> 00:06:43,320
Speaker 1: many people go tell us about the show, Because that's

135
00:06:43,320 --> 00:06:45,200
Speaker 1: really what I think a lot of people know it

136
00:06:45,240 --> 00:06:46,680
Speaker 1: for yeah.

137
00:06:46,600 --> 00:06:48,400
Speaker 4: So it's you know, it's the hardest car show that

138
00:06:48,440 --> 00:06:50,200
Speaker 4: everybody wants to go to that they can't get to

139
00:06:50,320 --> 00:06:53,240
Speaker 4: because it's a business to business only show. We get

140
00:06:53,240 --> 00:06:55,720
Speaker 4: about one hundred and sixty thousand people over a four

141
00:06:55,800 --> 00:07:00,279
Speaker 4: day period usually the first week of November, and it

142
00:07:00,400 --> 00:07:04,640
Speaker 4: is just this gathering of all these manufacturers and buyers

143
00:07:04,640 --> 00:07:08,400
Speaker 4: that come together to do business. So including the Oees.

144
00:07:08,440 --> 00:07:10,679
Speaker 4: You know, Ford Motor Company shows up, in General Motors

145
00:07:10,720 --> 00:07:13,960
Speaker 4: and Slants US, they all show up. Toyota had a

146
00:07:14,040 --> 00:07:16,920
Speaker 4: huge booth this last year to show off they're not

147
00:07:17,000 --> 00:07:20,760
Speaker 4: only their vehicles, but their aftermarket products, their accessories, those

148
00:07:20,760 --> 00:07:24,240
Speaker 4: sorts of things. And so you get the Oees, you

149
00:07:24,320 --> 00:07:27,200
Speaker 4: get small and large widget manufacturers, you get all the

150
00:07:27,200 --> 00:07:30,480
Speaker 4: buyers from across the world, eighty different countries that show up,

151
00:07:31,000 --> 00:07:33,640
Speaker 4: and then you get some of the best built cars.

152
00:07:34,320 --> 00:07:36,480
Speaker 4: We do the Seema Battle of Builders that we started

153
00:07:36,520 --> 00:07:39,080
Speaker 4: ten years ago. Now the best builders in the world

154
00:07:39,120 --> 00:07:42,600
Speaker 4: come and build just these incredible hot rods and muscle

155
00:07:42,640 --> 00:07:46,600
Speaker 4: cars and different vehicles and it's amazing to watch. You know,

156
00:07:46,680 --> 00:07:49,440
Speaker 4: every year when I think that builds just can't get better,

157
00:07:49,920 --> 00:07:53,080
Speaker 4: they just outdo themselves. It's guys showing up with their

158
00:07:53,080 --> 00:07:56,200
Speaker 4: custom cars. About fifteen hundred custom cars on the floor.

159
00:07:57,200 --> 00:07:59,800
Speaker 4: The show takes over three million square feet. It takes

160
00:07:59,840 --> 00:08:02,200
Speaker 4: over we're all in Las Vegas. Last year we were

161
00:08:02,200 --> 00:08:05,560
Speaker 4: the largest trade show in America, large, largest automotive trade show,

162
00:08:05,680 --> 00:08:06,720
Speaker 4: largest in Las Vegas.

163
00:08:07,120 --> 00:08:07,320
Speaker 5: Wow.

164
00:08:08,160 --> 00:08:11,600
Speaker 2: And these builds are million dollar builds. You know, people

165
00:08:11,640 --> 00:08:17,160
Speaker 2: spend years sometimes building something specifically for the SEMA show

166
00:08:18,200 --> 00:08:18,600
Speaker 2: they do.

167
00:08:18,800 --> 00:08:22,080
Speaker 4: And some of these builds that Chip FOOSTUW and the

168
00:08:22,200 --> 00:08:24,520
Speaker 4: Ring Brothers and some of the other guys that come

169
00:08:24,560 --> 00:08:26,840
Speaker 4: in with these builds are just incredible.

170
00:08:27,160 --> 00:08:28,040
Speaker 5: I mean it's.

171
00:08:27,920 --> 00:08:30,640
Speaker 4: Formula one technology and some of these builds. And then

172
00:08:30,680 --> 00:08:34,720
Speaker 4: of course all these manufacturers show up with different new products.

173
00:08:34,720 --> 00:08:36,680
Speaker 4: I mean, that is really where you're launching the newest product.

174
00:08:37,240 --> 00:08:39,640
Speaker 2: So tell us a little bit about that. You mentioned

175
00:08:39,679 --> 00:08:43,880
Speaker 2: new products. Obviously we talk so much about evs on

176
00:08:43,920 --> 00:08:46,720
Speaker 2: this show. They're front of mind for everyone. Do electric

177
00:08:46,800 --> 00:08:50,480
Speaker 2: vehicles have a part in the show, Are they are

178
00:08:50,520 --> 00:08:52,719
Speaker 2: they relevant? Are they part of it? And what does

179
00:08:52,760 --> 00:08:54,839
Speaker 2: it mean going forward for SEMA. I mean a lot

180
00:08:54,880 --> 00:08:56,720
Speaker 2: of these guys you think they're dealing with, you know,

181
00:08:56,840 --> 00:08:58,120
Speaker 2: V eight and B twelve engines.

182
00:08:58,559 --> 00:09:00,120
Speaker 3: What does it mean for the future of SEEMA, I

183
00:09:00,160 --> 00:09:01,400
Speaker 3: guess is what I'm trying to say.

184
00:09:02,080 --> 00:09:04,960
Speaker 4: Yeah, good question, you know, and we are evolving in

185
00:09:05,000 --> 00:09:08,679
Speaker 4: that looking at that every year a couple points. There's

186
00:09:09,000 --> 00:09:12,080
Speaker 4: the EV conversion market has really started to blossom. So

187
00:09:12,160 --> 00:09:15,200
Speaker 4: taking a sixty nine camarom making it into an EV,

188
00:09:16,320 --> 00:09:18,360
Speaker 4: and it used to be that you had to You've

189
00:09:18,400 --> 00:09:20,800
Speaker 4: found a crash tesla and you've pulled all the guts

190
00:09:20,840 --> 00:09:23,040
Speaker 4: out of that crash tesla and then you put it

191
00:09:23,080 --> 00:09:26,400
Speaker 4: into the sixty nine camaro. You know, some would say

192
00:09:26,400 --> 00:09:29,880
Speaker 4: that's heresy, others would say it's pretty cool. And you know,

193
00:09:29,920 --> 00:09:33,679
Speaker 4: the younger generation that's there, they're the outlaw hot riders, right,

194
00:09:33,760 --> 00:09:34,880
Speaker 4: these EV conversions.

195
00:09:34,920 --> 00:09:36,080
Speaker 5: So that's going on.

196
00:09:36,160 --> 00:09:38,920
Speaker 4: But what's really exciting about that this year we've we

197
00:09:39,200 --> 00:09:43,200
Speaker 4: highlighted over forty manufacturers of components. So now you're seeing

198
00:09:43,240 --> 00:09:45,800
Speaker 4: battery packs come out, you're seeing motors come out, you're

199
00:09:45,800 --> 00:09:48,840
Speaker 4: seeing all the controls come out, all the different components

200
00:09:48,880 --> 00:09:52,320
Speaker 4: needed to convert a ice engine vehicle into EV.

201
00:09:52,920 --> 00:09:54,120
Speaker 5: So that for sure is a.

202
00:09:54,080 --> 00:09:56,319
Speaker 4: Bird shooting market and we see that continuing to grow.

203
00:09:57,240 --> 00:10:01,280
Speaker 4: There's obviously still accessories you can do to an EV.

204
00:10:01,440 --> 00:10:05,079
Speaker 4: I mean take the forward lightning. You know, other than powertrain,

205
00:10:05,640 --> 00:10:09,000
Speaker 4: you still need running boards, and you still need bed accessories,

206
00:10:09,040 --> 00:10:10,840
Speaker 4: and you could still do all the things. You can

207
00:10:10,880 --> 00:10:12,679
Speaker 4: still lift them, you could still put bigger tires and

208
00:10:12,679 --> 00:10:15,160
Speaker 4: wheels on them. But the other thing that we are

209
00:10:15,559 --> 00:10:20,000
Speaker 4: really promoting is all fuel technologies and all forms of propulsion.

210
00:10:20,080 --> 00:10:22,960
Speaker 4: So for example, this year we at the SEMA show,

211
00:10:22,960 --> 00:10:25,880
Speaker 4: we had about twenty thousand square feet dedicated to the

212
00:10:25,920 --> 00:10:30,800
Speaker 4: future propulsion. That included hydrogen, it included alternative fuels, different

213
00:10:30,840 --> 00:10:31,760
Speaker 4: forms of propulsion.

214
00:10:32,240 --> 00:10:33,240
Speaker 5: That's not just EV.

215
00:10:34,080 --> 00:10:36,200
Speaker 1: I mean, I'm a kind of a mopar guy. I

216
00:10:36,240 --> 00:10:39,480
Speaker 1: got one of the last Challengers when they came off

217
00:10:39,520 --> 00:10:43,520
Speaker 1: the line last year. And being you know, a Dodge fan,

218
00:10:43,720 --> 00:10:46,600
Speaker 1: I've been watching you know what comes out at SEMA.

219
00:10:46,640 --> 00:10:52,439
Speaker 1: And they introduced their charger daytona electric vehicle at SEMA

220
00:10:52,480 --> 00:10:55,120
Speaker 1: two years ago. Right, that SEMA was the platform that

221
00:10:55,200 --> 00:10:58,320
Speaker 1: they used to show all of these you know, muscle

222
00:10:58,360 --> 00:11:00,959
Speaker 1: car people, their new what they want to be a

223
00:11:01,040 --> 00:11:05,240
Speaker 1: muscle car EV. So you have more and more manufacturers

224
00:11:06,040 --> 00:11:10,439
Speaker 1: using SEMA as a platform, right, And I wonder how

225
00:11:10,559 --> 00:11:14,920
Speaker 1: much customization and personalization. How much of that is coming

226
00:11:14,960 --> 00:11:17,120
Speaker 1: back because I know, at least in the motorcycle world,

227
00:11:17,160 --> 00:11:19,840
Speaker 1: like Dukati and Triumph, this is how they want to

228
00:11:19,840 --> 00:11:22,720
Speaker 1: make their money. Right when they release the Scrambler, they

229
00:11:22,800 --> 00:11:25,000
Speaker 1: expect people to not only buy the bike, but also

230
00:11:25,040 --> 00:11:27,959
Speaker 1: to buy a ton of different parts for it. Is

231
00:11:28,040 --> 00:11:30,520
Speaker 1: the same true in the car world.

232
00:11:30,040 --> 00:11:30,760
Speaker 5: Some of the oes.

233
00:11:30,800 --> 00:11:33,920
Speaker 4: Sometimes it's a love hate relationship. They recognize sema, they

234
00:11:34,280 --> 00:11:36,200
Speaker 4: recognize that it helps them. You know, at the end

235
00:11:36,200 --> 00:11:37,920
Speaker 4: of the day, the OI wants to sell more vehicles.

236
00:11:38,040 --> 00:11:38,719
Speaker 5: That's that's the.

237
00:11:38,640 --> 00:11:41,160
Speaker 4: Bottom line, and so if we can help them do that,

238
00:11:42,040 --> 00:11:46,120
Speaker 4: then it's a win win and we recognize that. Okay,

239
00:11:46,360 --> 00:11:49,160
Speaker 4: you know, I'll just take the Forward Raptor. You know,

240
00:11:49,200 --> 00:11:52,080
Speaker 4: when that truck came out, I think the aftermarket was like,

241
00:11:52,240 --> 00:11:55,040
Speaker 4: oh man, we're in trouble. But then you see all

242
00:11:55,040 --> 00:11:58,040
Speaker 4: these Forward Raptors that they take them off the showroom

243
00:11:58,080 --> 00:11:59,960
Speaker 4: floor and they yank the suspension off them, put up

244
00:12:00,040 --> 00:12:03,640
Speaker 4: after market suspension because people still want something unique and different.

245
00:12:04,520 --> 00:12:06,400
Speaker 4: And then there's the whole other market with all the

246
00:12:06,600 --> 00:12:08,520
Speaker 4: Ford f one fifties that you can buy a base

247
00:12:08,640 --> 00:12:11,400
Speaker 4: model and people still want to put after market tires

248
00:12:11,400 --> 00:12:14,560
Speaker 4: and wheels and larger suspension, you know, all those sorts

249
00:12:14,559 --> 00:12:18,960
Speaker 4: of accessories. So the market is still incredibly strong for

250
00:12:19,080 --> 00:12:21,719
Speaker 4: after market products and it will continue to be. The

251
00:12:22,120 --> 00:12:25,600
Speaker 4: oees can only carry so many accessories. I mean, I

252
00:12:25,600 --> 00:12:28,520
Speaker 4: mean look at jeep. You know, even though Moparer has

253
00:12:28,520 --> 00:12:32,840
Speaker 4: a pretty extensive selection of products that you can customize

254
00:12:32,840 --> 00:12:36,520
Speaker 4: your jeep on, the jeep market through Cima Manufacturers is

255
00:12:37,120 --> 00:12:40,800
Speaker 4: twenty times larger because there are people still want individualism,

256
00:12:40,840 --> 00:12:43,040
Speaker 4: They still want to have different opportunities. They still want

257
00:12:43,080 --> 00:12:46,319
Speaker 4: to have some way to customize their vehicle and maybe

258
00:12:46,360 --> 00:12:50,400
Speaker 4: over time with different products. So I see it as

259
00:12:50,400 --> 00:12:50,960
Speaker 4: still going.

260
00:12:51,200 --> 00:12:54,440
Speaker 1: Do people run into regulatory problems now, because as I mentioned,

261
00:12:54,840 --> 00:12:58,760
Speaker 1: you are lobbying in Washington for I don't know how

262
00:12:58,760 --> 00:13:00,720
Speaker 1: else to put it that it doesn't sound but more

263
00:13:00,800 --> 00:13:02,439
Speaker 1: kind of freedom for people to do what they want

264
00:13:02,440 --> 00:13:02,959
Speaker 1: with their cars.

265
00:13:03,040 --> 00:13:04,640
Speaker 5: Right, So a lot of.

266
00:13:04,679 --> 00:13:07,360
Speaker 4: Things in that area, in the kind of government relations end.

267
00:13:07,720 --> 00:13:10,360
Speaker 4: So for example, our SEMA garage is here in Diamond

268
00:13:10,440 --> 00:13:13,880
Speaker 4: or California, and in Detroit we have full emission slabs.

269
00:13:14,200 --> 00:13:17,319
Speaker 4: So for example, if you are developing an engine product

270
00:13:17,559 --> 00:13:20,120
Speaker 4: that affects fuel or air, they have to go through

271
00:13:20,240 --> 00:13:23,480
Speaker 4: CARB EPA testing before they're legal to sell. So we

272
00:13:23,559 --> 00:13:26,199
Speaker 4: offer that service through our Sema garage. So let's just

273
00:13:26,240 --> 00:13:29,160
Speaker 4: say you want to develop an air intake for your

274
00:13:29,240 --> 00:13:33,400
Speaker 4: new Dodge. We would work with the manufacturer and the

275
00:13:33,480 --> 00:13:36,120
Speaker 4: development of that air intake. First off, we provide them

276
00:13:36,160 --> 00:13:38,240
Speaker 4: with CAD data so that they can take the CAD

277
00:13:38,360 --> 00:13:41,679
Speaker 4: data that is that air intake, they can modify it

278
00:13:41,720 --> 00:13:43,120
Speaker 4: for more volume.

279
00:13:43,760 --> 00:13:46,600
Speaker 5: They can send that data back to us.

280
00:13:46,679 --> 00:13:48,520
Speaker 4: We can three D print the part, put it on

281
00:13:48,559 --> 00:13:50,719
Speaker 4: the vehicle, and then we can test the part for

282
00:13:50,760 --> 00:13:55,120
Speaker 4: emissions compliance. We'll fill out the application for them. We'll

283
00:13:55,240 --> 00:13:59,480
Speaker 4: send that application into CARB California Resources Board and EPA

284
00:13:59,559 --> 00:14:03,959
Speaker 4: recognize since CARBS certification. We'll do the testing form, we'll

285
00:14:04,000 --> 00:14:06,000
Speaker 4: submit the test data, and we'll help them get their

286
00:14:06,440 --> 00:14:10,000
Speaker 4: CARB eos so they can sell that product. So we

287
00:14:10,160 --> 00:14:12,800
Speaker 4: count for over fifty percent of all the CARB eos

288
00:14:12,840 --> 00:14:16,839
Speaker 4: that go through every year. And then take suspension now

289
00:14:16,880 --> 00:14:19,280
Speaker 4: and take all these new aidofs, all these controls, now

290
00:14:19,320 --> 00:14:22,920
Speaker 4: the self breaking lane change departure. In our Detroit garage,

291
00:14:22,960 --> 00:14:26,120
Speaker 4: we have the only AIDOS center in the US that

292
00:14:26,280 --> 00:14:29,360
Speaker 4: looks at those sort of things and says, okay, what

293
00:14:29,440 --> 00:14:30,960
Speaker 4: happens when you modify the vehicle.

294
00:14:31,280 --> 00:14:35,479
Speaker 2: Can you give us a little update on SEMA's efforts

295
00:14:35,600 --> 00:14:39,680
Speaker 2: to push back some of the EPA's proposed emission rules

296
00:14:39,680 --> 00:14:43,280
Speaker 2: in California. I know you work on that, and I'm

297
00:14:43,360 --> 00:14:47,400
Speaker 2: just really curious if the automakers love you guys for

298
00:14:47,520 --> 00:14:50,000
Speaker 2: doing that, or if they hate you because you're moving

299
00:14:50,040 --> 00:14:52,800
Speaker 2: the target and it's tough to plan when you move

300
00:14:52,840 --> 00:14:53,400
Speaker 2: a target.

301
00:14:54,320 --> 00:14:56,120
Speaker 3: Just give us a little lay of the land on

302
00:14:56,200 --> 00:14:56,960
Speaker 3: how that's going.

303
00:14:57,840 --> 00:14:59,280
Speaker 4: Sure, well, I guess at the end of the day,

304
00:14:59,320 --> 00:15:02,160
Speaker 4: the consumer, I mean you're seeing that now, we're seeing

305
00:15:02,200 --> 00:15:04,480
Speaker 4: that EV sales are slowing down some and that the

306
00:15:04,520 --> 00:15:07,760
Speaker 4: consumer's not ready even though the government is trying to force.

307
00:15:07,840 --> 00:15:10,800
Speaker 4: You know, here in California, by twenty twenty six, I

308
00:15:10,800 --> 00:15:13,120
Speaker 4: think thirty three percent of the vehicles sold have to

309
00:15:13,120 --> 00:15:15,640
Speaker 4: be EV, and by twenty thirty three, one hundred percent

310
00:15:15,640 --> 00:15:16,960
Speaker 4: of vehicles sold have to be EV.

311
00:15:17,720 --> 00:15:18,600
Speaker 5: And so we are.

312
00:15:18,480 --> 00:15:21,760
Speaker 4: Saying that first off, that the government shouldn't put their

313
00:15:21,760 --> 00:15:24,200
Speaker 4: thumb on the scale, and that they should decide that

314
00:15:24,240 --> 00:15:27,040
Speaker 4: it's EV and EV only, and that they should continue

315
00:15:27,040 --> 00:15:32,880
Speaker 4: to allow innovation to move forward, and that innovation comes

316
00:15:32,880 --> 00:15:37,520
Speaker 4: in the form of several things again, hydrogen, synthetic fuels, biofuels,

317
00:15:37,800 --> 00:15:41,200
Speaker 4: and the government shouldn't stifle that sort of technology and

318
00:15:41,480 --> 00:15:44,560
Speaker 4: continuing to allow that technology to go forward. And they

319
00:15:44,560 --> 00:15:47,240
Speaker 4: shouldn't pick winners and losers. It shouldn't be EV and

320
00:15:47,280 --> 00:15:50,160
Speaker 4: EV only. And so we are taking that message to

321
00:15:50,200 --> 00:15:54,000
Speaker 4: the streets to the consumer. You're even seeing you know,

322
00:15:54,200 --> 00:15:56,160
Speaker 4: a GM has now come out and said that they

323
00:15:56,200 --> 00:15:58,960
Speaker 4: see hybrid as a future. Of course, Toyota has been

324
00:15:59,080 --> 00:16:01,480
Speaker 4: on that bandwagon for a while or it is moving

325
00:16:01,520 --> 00:16:02,120
Speaker 4: in that direction.

326
00:16:02,800 --> 00:16:02,960
Speaker 5: Uh.

327
00:16:03,080 --> 00:16:04,760
Speaker 4: The consumer again, at the end of the day is

328
00:16:04,760 --> 00:16:07,080
Speaker 4: going to decide, and the consumer is not ready for

329
00:16:07,200 --> 00:16:08,240
Speaker 4: EV and EV only.

330
00:16:08,840 --> 00:16:13,640
Speaker 1: And uh, Montana plated cars in California.

331
00:16:13,680 --> 00:16:16,440
Speaker 2: It's great car culture in Montana.

332
00:16:17,120 --> 00:16:18,840
Speaker 5: I might know a person in the same room that

333
00:16:18,880 --> 00:16:20,359
Speaker 5: has Oh.

334
00:16:21,640 --> 00:16:24,280
Speaker 2: So it sounds like your whole thing is. Look, evs

335
00:16:24,360 --> 00:16:28,000
Speaker 2: are are great. You're not against electric vehicles, but you

336
00:16:28,280 --> 00:16:31,320
Speaker 2: are you believe they're not the only solution.

337
00:16:32,200 --> 00:16:33,960
Speaker 4: Yeah, that's correct. They are part of our future. They

338
00:16:33,960 --> 00:16:36,280
Speaker 4: are part of the answer, they're not the only answer.

339
00:16:36,840 --> 00:16:40,320
Speaker 4: And even that, the technology still has a waste to go, right.

340
00:16:40,400 --> 00:16:43,680
Speaker 4: I mean, we're seeing problems in cold areas when things

341
00:16:43,720 --> 00:16:46,560
Speaker 4: have to charge. We don't have the infrastructure yet they're

342
00:16:46,560 --> 00:16:47,800
Speaker 4: still working on range.

343
00:16:48,800 --> 00:16:49,000
Speaker 5: You know.

344
00:16:49,120 --> 00:16:52,280
Speaker 4: Environmentally, there's there's a lot of controversy as to really

345
00:16:52,280 --> 00:16:54,760
Speaker 4: how clean they are because the mining and you know,

346
00:16:54,800 --> 00:16:57,520
Speaker 4: the materials needed and where those materials are come from,

347
00:16:57,920 --> 00:17:00,960
Speaker 4: and so, you know, we believe that should all play

348
00:17:01,000 --> 00:17:03,920
Speaker 4: out and there shouldn't be a hardline deadline that says

349
00:17:04,359 --> 00:17:05,639
Speaker 4: this is what it has to happen by.

350
00:17:05,920 --> 00:17:07,800
Speaker 5: It's not. They're not going to make it anyway. I mean,

351
00:17:07,840 --> 00:17:08,480
Speaker 5: we have to.

352
00:17:08,400 --> 00:17:10,800
Speaker 4: Face the fact that we're not going to be ready

353
00:17:10,800 --> 00:17:13,639
Speaker 4: by twenty twenty six to have that sort of infrastructure

354
00:17:13,960 --> 00:17:16,280
Speaker 4: and those sort of sales happen, and there's a lot

355
00:17:16,280 --> 00:17:18,520
Speaker 4: of work being done in hydrogen again and some of

356
00:17:18,560 --> 00:17:21,240
Speaker 4: these other fuels that it's really promising. Let alone the

357
00:17:21,280 --> 00:17:25,320
Speaker 4: economic impact. I mean, if you shut down entrocombustion engine

358
00:17:26,119 --> 00:17:30,480
Speaker 4: manufacturing and the aftermarket that goes with it, the economic

359
00:17:30,520 --> 00:17:32,720
Speaker 4: impact in the US would be incredible.

360
00:17:33,119 --> 00:17:36,720
Speaker 2: How do you respond to people who who just would say, oh, well,

361
00:17:36,920 --> 00:17:40,840
Speaker 2: seem us anti environmental. You know, these are just guys

362
00:17:40,880 --> 00:17:45,400
Speaker 2: out in at Moab, you know, sure, tearing up natural

363
00:17:45,440 --> 00:17:49,400
Speaker 2: habitat and that sort of thing. You know it would

364
00:17:49,440 --> 00:17:52,359
Speaker 2: be easy to say that looking at some of these policies.

365
00:17:53,480 --> 00:17:57,840
Speaker 5: I've received a few of those emails. Yeah yeah, look.

366
00:17:57,760 --> 00:18:00,720
Speaker 4: Again we you know, for example, again are magarages do

367
00:18:00,800 --> 00:18:02,800
Speaker 4: this emissions work to make sure that products that are

368
00:18:02,800 --> 00:18:05,800
Speaker 4: going out in the marketplace past the EPA and carbon emissions.

369
00:18:06,040 --> 00:18:08,720
Speaker 4: We work closely with Carbon EPA, We meet with them regularly.

370
00:18:09,119 --> 00:18:11,640
Speaker 4: We run those emissions lab at a loss. I mean,

371
00:18:11,640 --> 00:18:14,280
Speaker 4: we make our money through the trade show and through

372
00:18:14,760 --> 00:18:19,240
Speaker 4: does which we reinvest into our members' businesses. And I've

373
00:18:19,240 --> 00:18:21,760
Speaker 4: got twenty two people just in the garages, just in

374
00:18:21,840 --> 00:18:25,200
Speaker 4: the lab section that just do this compliance work every

375
00:18:25,280 --> 00:18:28,080
Speaker 4: day for our manufacturers to make sure that they're complying

376
00:18:28,160 --> 00:18:30,199
Speaker 4: on emissions. And then when it comes to all the

377
00:18:30,240 --> 00:18:33,240
Speaker 4: off road, we work closely with all the off road

378
00:18:33,280 --> 00:18:35,960
Speaker 4: communities to talk about leaving the land in the same place,

379
00:18:36,000 --> 00:18:38,119
Speaker 4: to make sure that it's clean, to make sure that

380
00:18:38,240 --> 00:18:42,200
Speaker 4: safe and areas are open to continue off roading because

381
00:18:42,200 --> 00:18:44,080
Speaker 4: it does bring quite a bit the economy, and it

382
00:18:44,119 --> 00:18:46,840
Speaker 4: is still an area where people should have the freedom

383
00:18:46,880 --> 00:18:49,840
Speaker 4: to go off roading and camping and do their thing.

384
00:18:49,920 --> 00:18:51,480
Speaker 4: It's no different than any other sport.

385
00:18:51,920 --> 00:18:53,800
Speaker 1: I'd love to come out and see those garages at

386
00:18:53,800 --> 00:18:56,520
Speaker 1: some point, Mike, and I definitely want to come to.

387
00:18:56,520 --> 00:18:58,800
Speaker 1: The show actually starts on my birthday this year, November fifth,

388
00:18:58,840 --> 00:19:01,320
Speaker 1: So I'm really looking nice. Thank you so much for

389
00:19:01,400 --> 00:19:10,720
Speaker 1: joining us. Really appreciate having you on the podcasts. All right,

390
00:19:10,800 --> 00:19:14,200
Speaker 1: So that was mike' spagnola there from SEEMA. Really interesting

391
00:19:14,200 --> 00:19:16,320
Speaker 1: stuff that they're doing. I didn't know that they did

392
00:19:16,359 --> 00:19:17,080
Speaker 1: more than the show.

393
00:19:17,800 --> 00:19:21,160
Speaker 2: I knew they were obviously an organization, but I had

394
00:19:21,200 --> 00:19:23,320
Speaker 2: no idea the extent of their lobbying. And it does

395
00:19:23,359 --> 00:19:27,119
Speaker 2: seem like they that is actually the bulk of their work.

396
00:19:27,119 --> 00:19:29,320
Speaker 1: Right and well, to me, the garages sound fascinating to it.

397
00:19:29,400 --> 00:19:32,560
Speaker 1: Lovillion in those and see the products that they're making.

398
00:19:32,800 --> 00:19:34,720
Speaker 1: Let's talk a little bit about you know, we touched

399
00:19:34,760 --> 00:19:37,800
Speaker 1: on electric cars with him, and he talked about the

400
00:19:37,800 --> 00:19:41,240
Speaker 1: fact that GM is sort of turning back towards hybrids

401
00:19:41,280 --> 00:19:43,680
Speaker 1: and Ford has obviously done a little bit of a

402
00:19:43,760 --> 00:19:48,080
Speaker 1: of a turn as well. Portia has pushed so hard

403
00:19:48,160 --> 00:19:51,560
Speaker 1: in this direction and now we're gonna get uh, we

404
00:19:51,600 --> 00:19:54,880
Speaker 1: know we're gonna get an electric Macon, right, and we're

405
00:19:54,880 --> 00:19:59,119
Speaker 1: gonna get upgraded versions of the Tychon because one of

406
00:19:59,119 --> 00:20:01,439
Speaker 1: the things that none of the the car makers outside

407
00:20:01,480 --> 00:20:03,640
Speaker 1: of Tesla have been able to do is replicate the range.

408
00:20:04,400 --> 00:20:05,920
Speaker 3: That's right, and.

409
00:20:05,960 --> 00:20:10,120
Speaker 2: We got the information for the new next gen Tychon,

410
00:20:11,200 --> 00:20:15,440
Speaker 2: which is basically improved in almost every way over the

411
00:20:16,160 --> 00:20:18,560
Speaker 2: first generation which came out in twenty nineteen. I mean

412
00:20:18,640 --> 00:20:23,960
Speaker 2: more power, more range, acceleration is better, and charges faster.

413
00:20:24,119 --> 00:20:27,600
Speaker 2: So I mean Porscha at this point doesn't have a choice.

414
00:20:27,600 --> 00:20:30,280
Speaker 2: They are They've got a foot in the electric car

415
00:20:30,359 --> 00:20:34,919
Speaker 2: game for sure. But this new tae Can they're claiming

416
00:20:35,080 --> 00:20:38,240
Speaker 2: a real world range of up to five hundred and

417
00:20:38,280 --> 00:20:42,080
Speaker 2: eighty seven kilometers. We'll have to convert that to miles.

418
00:20:42,680 --> 00:20:47,560
Speaker 2: But that is I mean, it's it's good. It's real good.

419
00:20:47,840 --> 00:20:50,199
Speaker 1: Let's see, I'm just googling that and I should know.

420
00:20:50,640 --> 00:20:54,320
Speaker 1: Three hundred and sixty five miles. Okay, it's massive range.

421
00:20:54,400 --> 00:20:58,879
Speaker 1: And this is like this the problem that that Porsche had,

422
00:20:59,119 --> 00:21:02,880
Speaker 1: that Audi has, that most carmakers have had when going

423
00:21:02,960 --> 00:21:05,160
Speaker 1: up against Tesla, as they couldn't do that range. Okay,

424
00:21:05,200 --> 00:21:08,959
Speaker 1: GM has cracked that nut by putting gigantic batteries in

425
00:21:09,000 --> 00:21:11,320
Speaker 1: their in their trucks. But I always thought it was

426
00:21:11,359 --> 00:21:14,560
Speaker 1: weird that they didn't from the get go, just go

427
00:21:14,680 --> 00:21:17,760
Speaker 1: and hire a bunch of engineers from Tesla to be

428
00:21:17,800 --> 00:21:19,640
Speaker 1: able to beat them at their own range game.

429
00:21:20,440 --> 00:21:24,640
Speaker 2: Whenever I read the Bloomberg Intelligence analysis, they say, okay,

430
00:21:25,000 --> 00:21:29,040
Speaker 2: as they're adding more evs into the line, like possibly

431
00:21:29,080 --> 00:21:32,520
Speaker 2: the hybrid nine to eleven than seven eighteen, Boxer, the

432
00:21:32,640 --> 00:21:36,120
Speaker 2: electric mccon the ones that we just mentioned, that'll let

433
00:21:36,160 --> 00:21:39,199
Speaker 2: them keep their margins close to twenty percent, which is

434
00:21:39,520 --> 00:21:45,240
Speaker 2: pretty darn good. And that's that's where they have to play.

435
00:21:45,400 --> 00:21:47,120
Speaker 2: I mean, that's that's their only choice.

436
00:21:47,240 --> 00:21:50,240
Speaker 1: Hang on hybrid nine to eleven you just said, And

437
00:21:50,520 --> 00:21:53,080
Speaker 1: I know that they're gonna launch at least like a

438
00:21:53,119 --> 00:21:55,960
Speaker 1: facelift of the nine to eleven this year, right or

439
00:21:55,960 --> 00:21:58,000
Speaker 1: at least that's what I've heard. Is it gonna best?

440
00:21:58,280 --> 00:22:00,280
Speaker 1: Is it gonna have hybrid power? Is there to be

441
00:22:00,280 --> 00:22:02,800
Speaker 1: like just a forty eight volt system? They can still

442
00:22:02,840 --> 00:22:05,400
Speaker 1: have a purest product, right? They have like twenty six

443
00:22:05,440 --> 00:22:07,800
Speaker 1: different models of the nine to eleven, of course, so

444
00:22:08,240 --> 00:22:10,720
Speaker 1: they could have one that has a mild hybrid powertrain,

445
00:22:10,800 --> 00:22:14,440
Speaker 1: and they could have one that's naturally aspirated flat six.

446
00:22:14,800 --> 00:22:17,520
Speaker 2: Well, you're right, and I have to say listening to Mike,

447
00:22:17,680 --> 00:22:20,560
Speaker 2: it reminded me, Oh, of course, Porscha's got this eat well,

448
00:22:20,640 --> 00:22:24,720
Speaker 2: BW has this E fuels thing going too. We talked

449
00:22:24,760 --> 00:22:26,959
Speaker 2: about that when I drove Edith a record breaking nine

450
00:22:27,000 --> 00:22:29,480
Speaker 2: to eleven. She ran on e fuels as well, which

451
00:22:29,520 --> 00:22:34,240
Speaker 2: is basically synthetic fuel that uses an internal combustion engine.

452
00:22:34,800 --> 00:22:38,560
Speaker 2: That's still on the drawing board. It's still a possibility

453
00:22:38,560 --> 00:22:43,760
Speaker 2: in terms of finding ways to stop using traditional gasoline.

454
00:22:43,840 --> 00:22:46,919
Speaker 1: So well, you know Formula one wants to do sustainable

455
00:22:46,920 --> 00:22:49,119
Speaker 1: fuel move to hundred percent sustainable fuel as well. I

456
00:22:49,119 --> 00:22:52,040
Speaker 1: think not until twenty thirty, but there was a ton

457
00:22:52,080 --> 00:22:53,880
Speaker 1: of F one news over the past couple of weeks.

458
00:22:53,960 --> 00:22:56,560
Speaker 3: Oh really, I must have missed it. I was in Paris.

459
00:22:56,640 --> 00:22:58,680
Speaker 1: Did everyone talk about it at Retromobile?

460
00:22:58,920 --> 00:22:59,680
Speaker 3: Everybody?

461
00:22:59,760 --> 00:23:02,560
Speaker 2: I mean, imagine being very close to Italy, I mean.

462
00:23:02,920 --> 00:23:07,160
Speaker 3: Yeah, France, and I mean it was unbelievable.

463
00:23:07,200 --> 00:23:10,479
Speaker 2: Everybody was talking about the stock price, you know, Ferrari

464
00:23:10,560 --> 00:23:16,040
Speaker 2: stock price jumping almost twelve percent overnight with one personnel change.

465
00:23:16,560 --> 00:23:20,879
Speaker 2: I mean it was everybody, between puffs of cigarette smoke

466
00:23:21,000 --> 00:23:25,199
Speaker 2: and winking. They were just mentioning Lewis Hamilton over and

467
00:23:25,280 --> 00:23:28,760
Speaker 2: over and I think, honestly, everybody's very excited.

468
00:23:29,280 --> 00:23:32,080
Speaker 1: Yeah, I mean, I mean this is like, well Mark

469
00:23:32,200 --> 00:23:35,120
Speaker 1: in motorcycles, Mark Marquez, you know, he's going to race

470
00:23:35,160 --> 00:23:41,520
Speaker 1: for a Ducati team for Grizzini, which drives Ducatti's He's

471
00:23:41,560 --> 00:23:44,679
Speaker 1: like the star, like the best driver there is in

472
00:23:44,720 --> 00:23:48,480
Speaker 1: the at least until his injuries, and Ducatti is the

473
00:23:48,520 --> 00:23:52,600
Speaker 1: winningest manufacturer right now. So this is kind of like that,

474
00:23:52,640 --> 00:23:54,800
Speaker 1: although Ferrari hasn't been on top, like people want to

475
00:23:54,840 --> 00:23:57,520
Speaker 1: see Ferrari come back, right, So you had this superstar coming.

476
00:23:58,040 --> 00:24:00,680
Speaker 2: I know this sounds insane, but they kind of need

477
00:24:00,760 --> 00:24:05,159
Speaker 2: each other because FERRARII, let's be honest, hasn't won since

478
00:24:05,520 --> 00:24:06,359
Speaker 2: two thousand and.

479
00:24:06,320 --> 00:24:08,719
Speaker 1: Eight, right, So I guess it's more like Rossi when

480
00:24:08,800 --> 00:24:10,000
Speaker 1: Rossi went to do Kottie.

481
00:24:10,320 --> 00:24:13,240
Speaker 2: Yeah, and Hamilton hasn't been on the podium, let's be honest.

482
00:24:13,520 --> 00:24:15,960
Speaker 2: And you know, Ferrari's got a lot of money. He's

483
00:24:16,119 --> 00:24:19,439
Speaker 2: reported to get one hundred million dollars in this contract,

484
00:24:20,280 --> 00:24:23,879
Speaker 2: and he brings with him not only his sponsorships but

485
00:24:23,920 --> 00:24:29,600
Speaker 2: also in the foundation that he started, his investment holdings.

486
00:24:29,119 --> 00:24:29,720
Speaker 3: That he has.

487
00:24:29,840 --> 00:24:33,240
Speaker 2: He brings so much with him, it's like they the

488
00:24:33,320 --> 00:24:39,040
Speaker 2: two Ferrari and Hamilton really are iconic brands, but in

489
00:24:39,080 --> 00:24:42,320
Speaker 2: a way they both kind of need each other because

490
00:24:42,720 --> 00:24:44,000
Speaker 2: neither has been winning.

491
00:24:44,280 --> 00:24:46,680
Speaker 1: I thought they would be adding more and more teams, right,

492
00:24:48,000 --> 00:24:51,600
Speaker 1: Is Audi going to Formula one or some member of

493
00:24:51,640 --> 00:24:56,000
Speaker 1: the Folkswagen stable And we just heard that Cadillac is not.

494
00:24:56,960 --> 00:24:59,680
Speaker 3: Yeah, this is another really interesting.

495
00:25:00,680 --> 00:25:04,200
Speaker 2: Scenario because they had kind of gotten a provisional green

496
00:25:04,280 --> 00:25:10,320
Speaker 2: light last year to join with Cadillac as their partner.

497
00:25:10,920 --> 00:25:16,560
Speaker 2: And so from what I read, it sounds like F

498
00:25:16,640 --> 00:25:22,080
Speaker 2: one doesn't think Andretti Racing brings anything to the series.

499
00:25:22,160 --> 00:25:25,600
Speaker 1: That's crazy because I guess I'm just showing my age.

500
00:25:25,640 --> 00:25:29,320
Speaker 1: But when you say Hamilton is iconic, you know for me,

501
00:25:29,440 --> 00:25:31,480
Speaker 1: someone like Mario Andretti is iconic.

502
00:25:31,520 --> 00:25:35,640
Speaker 2: Right, Yeah, in America, I mean it does kind of.

503
00:25:36,240 --> 00:25:39,320
Speaker 2: It's interesting because you would think if Formula one is

504
00:25:39,359 --> 00:25:41,760
Speaker 2: trying to get a hold in the United States, and

505
00:25:41,800 --> 00:25:45,119
Speaker 2: obviously they do have a hold, it would be cool

506
00:25:45,240 --> 00:25:50,159
Speaker 2: and great to have an American team with an American manufacturer.

507
00:25:50,200 --> 00:25:55,800
Speaker 2: But you know, the official official refusal was they don't

508
00:25:55,840 --> 00:26:00,080
Speaker 2: see Andretti adding anything, which is kind of wild. But

509
00:26:00,440 --> 00:26:04,120
Speaker 2: also Formula one is not an American centric sports, right.

510
00:26:04,240 --> 00:26:06,960
Speaker 1: I think they want to see the motor first and

511
00:26:07,840 --> 00:26:12,560
Speaker 1: see what the Cadillac team can can offer. And there's

512
00:26:12,560 --> 00:26:15,200
Speaker 1: still is hope, I guess by the way I have

513
00:26:15,480 --> 00:26:17,320
Speaker 1: you know, Cadillac is one of these brands that I

514
00:26:17,400 --> 00:26:20,320
Speaker 1: just don't really think about that much except for the escalade, right,

515
00:26:20,359 --> 00:26:22,680
Speaker 1: because of their ubiquitous here on the streets of New York.

516
00:26:23,840 --> 00:26:25,680
Speaker 1: And I guess in LA as well. If you don't

517
00:26:25,720 --> 00:26:27,800
Speaker 1: have a G class, you're probably in an escalade there, right.

518
00:26:28,880 --> 00:26:33,600
Speaker 1: But I recently drove the CT four V Black Wing.

519
00:26:33,680 --> 00:26:36,320
Speaker 1: It's a mouthful and I wasn't that excited about it

520
00:26:36,320 --> 00:26:38,840
Speaker 1: because I had driven the CT for like the regular

521
00:26:38,880 --> 00:26:41,480
Speaker 1: CT four and it was like okay, but nothing special.

522
00:26:42,080 --> 00:26:44,560
Speaker 1: It had an inline four. This has a V six

523
00:26:44,600 --> 00:26:47,359
Speaker 1: twin turbocharge V six and I didn't think much about

524
00:26:47,400 --> 00:26:50,640
Speaker 1: it until I got in it. It was brutally fast,

525
00:26:51,200 --> 00:26:56,320
Speaker 1: I mean really impressive, and not just that, but elegant

526
00:26:56,400 --> 00:26:59,000
Speaker 1: in terms of at least the interior styling. The seats

527
00:26:59,000 --> 00:27:02,160
Speaker 1: were very comfortable, the leather was nice, and the thing

528
00:27:02,280 --> 00:27:06,280
Speaker 1: handled like I couldn't believe, like it was on rails.

529
00:27:06,359 --> 00:27:09,800
Speaker 1: It was just an eye opening experience for someone who

530
00:27:10,080 --> 00:27:13,600
Speaker 1: I normally don't really like six cylinder engines unless they're

531
00:27:13,840 --> 00:27:18,560
Speaker 1: in a straight line, right. It was a revelation and

532
00:27:18,760 --> 00:27:21,439
Speaker 1: it made me think about I need to get the

533
00:27:21,480 --> 00:27:24,280
Speaker 1: CT five V black Wing and drive that because that's

534
00:27:24,440 --> 00:27:27,600
Speaker 1: more my yea, my style is supercharged V eight rear

535
00:27:27,640 --> 00:27:31,119
Speaker 1: world drive. It's in manual. And so I called up

536
00:27:31,160 --> 00:27:33,480
Speaker 1: Cadillac and say, hey, let me have one of these cars.

537
00:27:33,480 --> 00:27:36,399
Speaker 1: And what's the deal with this black Wing series? I

538
00:27:36,400 --> 00:27:38,400
Speaker 1: can't believe it's long for this earth. But they said

539
00:27:38,560 --> 00:27:41,080
Speaker 1: they're gonna keep making them, so there's gonna be another

540
00:27:41,119 --> 00:27:44,040
Speaker 1: one next year. As everybody else has phased out their

541
00:27:44,119 --> 00:27:48,119
Speaker 1: V eights. You know, Dodge isn't making them. The Chevy

542
00:27:48,240 --> 00:27:50,800
Speaker 1: z own Camaro is on its last year of production

543
00:27:50,920 --> 00:27:53,960
Speaker 1: or they're already finished. Now, Cadillac is gonna keep going

544
00:27:54,000 --> 00:27:57,000
Speaker 1: in this direction. I guess they don't make so many

545
00:27:57,040 --> 00:28:01,520
Speaker 1: that it hurts their cafe raising. They're very expensive. You know,

546
00:28:01,680 --> 00:28:03,720
Speaker 1: a CT five V black Wing is like one hundred

547
00:28:03,760 --> 00:28:05,960
Speaker 1: grand and you can option it it up.

548
00:28:06,320 --> 00:28:08,840
Speaker 3: But you know, how does it how does it sound?

549
00:28:09,880 --> 00:28:13,280
Speaker 1: I mean, I haven't heard the V eight, the supercharge

550
00:28:13,400 --> 00:28:15,119
Speaker 1: V eight, so but I will tell you that the

551
00:28:15,240 --> 00:28:17,800
Speaker 1: CT four V black Wing, which is the twin turbo

552
00:28:17,920 --> 00:28:21,119
Speaker 1: charge V six with four hundred and seventy two horsepower

553
00:28:21,160 --> 00:28:23,159
Speaker 1: and like four hundred and fifty pounds feet of torque,

554
00:28:23,280 --> 00:28:27,840
Speaker 1: sounds amazing. I mean it's just burbal Berbal. I would

555
00:28:27,920 --> 00:28:31,640
Speaker 1: rather have one than M three basically. Wow, that's their

556
00:28:31,680 --> 00:28:34,920
Speaker 1: main competition. Yeah, and by the way, a lot of

557
00:28:35,280 --> 00:28:37,600
Speaker 1: a very high take rate on the black Wing cars

558
00:28:37,800 --> 00:28:41,600
Speaker 1: forty eight percent manual transmission take rate. And you can't

559
00:28:41,640 --> 00:28:46,440
Speaker 1: find another manual no V eight sedan in production in

560
00:28:46,520 --> 00:28:49,560
Speaker 1: the world. In fact, the only other any kind of

561
00:28:49,640 --> 00:28:51,560
Speaker 1: V eight that you can get with a manual transmission

562
00:28:51,600 --> 00:28:53,920
Speaker 1: I think right now is the Mustang. There's no other

563
00:28:54,040 --> 00:28:55,280
Speaker 1: V eight you can get with a manual.

564
00:28:55,560 --> 00:28:56,560
Speaker 3: That's wild.

565
00:28:56,680 --> 00:28:58,840
Speaker 2: I didn't know that that's almost half. I mean, I

566
00:28:58,840 --> 00:29:02,040
Speaker 2: don't even think I'd be curious what like Subaru has

567
00:29:02,120 --> 00:29:03,000
Speaker 2: with their manual.

568
00:29:03,200 --> 00:29:04,840
Speaker 3: Like you know, I'm trying to want.

569
00:29:04,680 --> 00:29:08,360
Speaker 1: About the nine to eleven. I mean, it's nowhere near that, yeah, exactly, No.

570
00:29:08,320 --> 00:29:09,560
Speaker 3: It's nowhere near that high.

571
00:29:09,720 --> 00:29:09,960
Speaker 5: Yeah.

572
00:29:10,080 --> 00:29:11,400
Speaker 3: Oh that is interesting.

573
00:29:12,640 --> 00:29:14,920
Speaker 2: By the way, what kind of response did you get

574
00:29:15,000 --> 00:29:17,280
Speaker 2: in your family SUV searched.

575
00:29:17,120 --> 00:29:18,840
Speaker 3: So we got give us an update we got.

576
00:29:18,960 --> 00:29:21,000
Speaker 1: I got a lot of responses.

577
00:29:20,680 --> 00:29:22,280
Speaker 3: And thanks for all of those.

578
00:29:22,320 --> 00:29:24,640
Speaker 1: By the way, No, I appreciate everybody's email. What's the

579
00:29:24,680 --> 00:29:25,280
Speaker 1: address again?

580
00:29:25,600 --> 00:29:30,040
Speaker 2: The address is hot Pursuit at Bloomberg dot net. Hot

581
00:29:30,080 --> 00:29:33,080
Speaker 2: Pursuit at Bloomberg dot net.

582
00:29:33,160 --> 00:29:36,160
Speaker 1: Yeah, so a lot of people wrote in. Remember I

583
00:29:36,280 --> 00:29:41,160
Speaker 1: was trying to decide between the Mercedes GLS and a

584
00:29:41,280 --> 00:29:44,239
Speaker 1: range Rover long wheelbase, both of them used. I had

585
00:29:44,240 --> 00:29:47,840
Speaker 1: a fifty thousand dollars cap from the wife, and so

586
00:29:47,880 --> 00:29:50,320
Speaker 1: some people were writing in saying, hey, I got a GLS.

587
00:29:50,400 --> 00:29:52,840
Speaker 1: One guy rode in from Colorado and said, I love

588
00:29:52,880 --> 00:29:55,280
Speaker 1: how it handles in the mountains. You know, obviously it's

589
00:29:55,320 --> 00:29:59,560
Speaker 1: a family hauler, but he was surprised by its handling abilities.

590
00:29:59,800 --> 00:30:02,280
Speaker 1: And somebody else rode in and said, you know, I've

591
00:30:02,280 --> 00:30:03,920
Speaker 1: had Merks in the past, but I just got a

592
00:30:04,000 --> 00:30:06,680
Speaker 1: range Rover and it's really something special. The MRK isn't

593
00:30:06,720 --> 00:30:09,560
Speaker 1: really something special that you're going to really look forward

594
00:30:09,600 --> 00:30:15,000
Speaker 1: to driving. Other people rode in and suggested completely different vehicles.

595
00:30:15,040 --> 00:30:16,719
Speaker 3: There is a Lexus suggestion in there.

596
00:30:16,760 --> 00:30:19,400
Speaker 1: Yeah, and the Lexus looks amazing. It is also I

597
00:30:19,440 --> 00:30:22,600
Speaker 1: think a turbochart V six. I would love to drive it.

598
00:30:22,720 --> 00:30:27,400
Speaker 1: I love the angular, sort of brutalistic design. Somebody else

599
00:30:27,480 --> 00:30:30,640
Speaker 1: rode in and said, what about a used Sequoia, you know,

600
00:30:30,760 --> 00:30:33,480
Speaker 1: which is an interesting idea. They had the five point

601
00:30:33,520 --> 00:30:37,200
Speaker 1: seven liter V eight in that. But I think the

602
00:30:37,200 --> 00:30:41,760
Speaker 1: most important development of all was that Mariu listened to

603
00:30:41,840 --> 00:30:45,560
Speaker 1: the podcast and she has agreed to entertain your suggestion,

604
00:30:45,760 --> 00:30:47,000
Speaker 1: which was the Grand Cherokee.

605
00:30:47,000 --> 00:30:50,680
Speaker 2: El no way, Yes, oh this is a This is

606
00:30:50,840 --> 00:30:53,880
Speaker 2: really a wonderful turn of events.

607
00:30:53,960 --> 00:30:56,600
Speaker 1: Yes, a huge win for the Miller household, if I

608
00:30:56,600 --> 00:30:57,480
Speaker 1: can convince her.

609
00:30:58,120 --> 00:30:59,800
Speaker 3: So did you did you drive one yet?

610
00:31:00,040 --> 00:31:02,040
Speaker 1: So I've driven. I just got in the GLS and

611
00:31:02,040 --> 00:31:05,080
Speaker 1: it's too early to make a decision because I picked

612
00:31:05,080 --> 00:31:06,960
Speaker 1: it up on the Westside Highway and drove it over here.

613
00:31:07,040 --> 00:31:08,880
Speaker 1: I've only been in it for like ten blocks.

614
00:31:09,280 --> 00:31:11,520
Speaker 3: But you haven't driven a jeep yet.

615
00:31:11,640 --> 00:31:14,160
Speaker 1: The Jeep Grand Cherokee, I've driven twice and I love it.

616
00:31:14,200 --> 00:31:16,440
Speaker 3: Okay, okay, I love.

617
00:31:16,560 --> 00:31:19,320
Speaker 1: The Grand Cherokee. You can have the V eight, right,

618
00:31:19,360 --> 00:31:21,440
Speaker 1: you can have the hemy in it. It has the

619
00:31:21,520 --> 00:31:24,240
Speaker 1: FAMCM so you can look at your kids in the back.

620
00:31:24,400 --> 00:31:29,160
Speaker 1: On the screen. There's a passenger interactive screen, so the passenger. Like,

621
00:31:29,160 --> 00:31:32,080
Speaker 1: if my wife's driving and I'm sitting in the passenger seat,

622
00:31:32,240 --> 00:31:35,000
Speaker 1: I can enter something in front of me into the

623
00:31:35,080 --> 00:31:37,959
Speaker 1: navigation system and then ship it over to her screen,

624
00:31:38,600 --> 00:31:39,440
Speaker 1: which I think is so.

625
00:31:39,480 --> 00:31:42,280
Speaker 3: Cool cool, right, It's like the Bloomberg terminal exactly.

626
00:31:42,360 --> 00:31:44,080
Speaker 1: You can control what the kids are watching the like,

627
00:31:44,160 --> 00:31:49,480
Speaker 1: I think the Jeep has so many positives, but everyone

628
00:31:49,560 --> 00:31:54,960
Speaker 1: compares it to lower level cars, to you know, Toyotas

629
00:31:54,960 --> 00:31:59,400
Speaker 1: and Hondas and Fords, and not to range Rovers and Mercedes.

630
00:32:00,120 --> 00:32:03,240
Speaker 2: This is something that you're going to have to wrestle

631
00:32:03,280 --> 00:32:06,440
Speaker 2: with with your ego, and I would have to do

632
00:32:06,480 --> 00:32:10,240
Speaker 2: the same because it's it's undeniable. There's a bit of

633
00:32:10,280 --> 00:32:13,120
Speaker 2: a status thing driving a luxury.

634
00:32:14,080 --> 00:32:16,120
Speaker 1: Sure, Sure a Mercedes or a range Rover has a

635
00:32:16,120 --> 00:32:16,640
Speaker 1: lot more.

636
00:32:16,520 --> 00:32:21,680
Speaker 2: Status, right, even if the Jeep is actually better suited

637
00:32:21,720 --> 00:32:22,760
Speaker 2: for everything you need.

638
00:32:23,160 --> 00:32:26,080
Speaker 1: Agreed. And also I would point out that I don't

639
00:32:26,120 --> 00:32:29,440
Speaker 1: necessarily want that kind of rep in my neighborhood as

640
00:32:29,480 --> 00:32:32,800
Speaker 1: the guy who has a range Rover. You know, I'd

641
00:32:32,880 --> 00:32:36,840
Speaker 1: rather be the guy who has a Jeep, okay, you know,

642
00:32:36,880 --> 00:32:39,240
Speaker 1: because it's more down to earth. I mean, the range

643
00:32:39,320 --> 00:32:43,880
Speaker 1: Rover is undeniably special. It's got the supercharged five liters

644
00:32:44,000 --> 00:32:47,760
Speaker 1: V eight, it's got the incredible leather interior. You know,

645
00:32:48,120 --> 00:32:50,920
Speaker 1: the infotainment system they've never gotten right, and I don't

646
00:32:50,920 --> 00:32:52,720
Speaker 1: think even the newest ones do.

647
00:32:53,080 --> 00:32:54,640
Speaker 3: But well that's British for you.

648
00:32:54,840 --> 00:32:57,240
Speaker 1: But it's But it's also a truck, right, It's a

649
00:32:57,280 --> 00:33:02,200
Speaker 1: body on frame truck, whereas the GLS and the Grand

650
00:33:02,280 --> 00:33:06,680
Speaker 1: Cherokee their unibodies, so they're big cars. So the Range Drover, oh,

651
00:33:06,800 --> 00:33:09,480
Speaker 1: the most important thing to me. I should mention that

652
00:33:09,600 --> 00:33:13,280
Speaker 1: only Range Rover and BMW have in the X five.

653
00:33:13,600 --> 00:33:15,560
Speaker 1: And I don't know why anyone else everyone else doesn't

654
00:33:15,640 --> 00:33:18,000
Speaker 1: jump on this bandwagon. They had the split tailgate.

655
00:33:18,800 --> 00:33:18,960
Speaker 5: Oh.

656
00:33:19,280 --> 00:33:21,640
Speaker 1: Back in the day. Also a lot of manufacturers had

657
00:33:21,640 --> 00:33:24,000
Speaker 1: split tailgates you could pull open at least the back

658
00:33:24,040 --> 00:33:28,800
Speaker 1: window of a jeep of the Olderokees and Wagoneers. I

659
00:33:28,840 --> 00:33:30,520
Speaker 1: don't know why more people don't do that. It must

660
00:33:30,560 --> 00:33:32,520
Speaker 1: be a safety thing, like the reason no one does

661
00:33:32,560 --> 00:33:33,880
Speaker 1: suicide doors anymore.

662
00:33:34,000 --> 00:33:36,960
Speaker 2: Wow, you know, I never thought about that. But that's

663
00:33:37,000 --> 00:33:40,280
Speaker 2: a really interesting thing because I remember on high school

664
00:33:40,320 --> 00:33:42,240
Speaker 2: of course that was a big thing.

665
00:33:42,680 --> 00:33:44,920
Speaker 1: All right, what else have we got to look forward

666
00:33:44,960 --> 00:33:47,440
Speaker 1: to for next week. Have you got anything on the docket.

667
00:33:47,920 --> 00:33:52,480
Speaker 2: I'm going to go drive a Hyperion car with Supercar Blondie.

668
00:33:52,760 --> 00:33:56,120
Speaker 1: What is Hyperion It's a it's a supercar.

669
00:33:57,120 --> 00:34:02,880
Speaker 2: It's a very random supercar, you know, multimillion dollar car

670
00:34:03,640 --> 00:34:06,280
Speaker 2: and she's got one here in LA and we're going

671
00:34:06,360 --> 00:34:07,400
Speaker 2: to go drive it together.

672
00:34:07,640 --> 00:34:12,279
Speaker 1: Supercar Blondie is like Instagram presence. I know her because

673
00:34:12,280 --> 00:34:13,160
Speaker 1: I follow her Instagram.

674
00:34:13,400 --> 00:34:13,759
Speaker 5: She is.

675
00:34:13,880 --> 00:34:17,640
Speaker 2: Let me just tell you she has a major media

676
00:34:17,760 --> 00:34:21,240
Speaker 2: conglomerate that she has built with her husband Nick Alex

677
00:34:21,280 --> 00:34:24,399
Speaker 2: and Nick Hershey. So there are quite a few people

678
00:34:24,400 --> 00:34:27,560
Speaker 2: who really like what they do. So I'm really looking

679
00:34:27,560 --> 00:34:29,360
Speaker 2: forward to that, among other things.

680
00:34:29,960 --> 00:34:33,560
Speaker 1: Well, I've just googled it and Hyperion XP one a

681
00:34:33,640 --> 00:34:37,680
Speaker 1: hydrogen powered one off sports car developed and manufactured by

682
00:34:37,680 --> 00:34:41,040
Speaker 1: American California based automobile manufacturer Hyperion Motors.

683
00:34:42,600 --> 00:34:43,000
Speaker 5: Wow.

684
00:34:43,600 --> 00:34:45,720
Speaker 3: I will report back in full.

685
00:34:46,000 --> 00:34:48,239
Speaker 1: Well I look forward to hearing about that, Yeah, and

686
00:34:48,600 --> 00:34:51,760
Speaker 1: I will next week. I'll tell you how my week

687
00:34:51,840 --> 00:34:55,600
Speaker 1: with the Mercedes GLS four fifty four Mattic has fared.

688
00:34:55,600 --> 00:34:57,960
Speaker 1: I'm excited to put in two rear facing car seats.

689
00:34:58,320 --> 00:34:59,560
Speaker 3: Oh, that'll be fun.

690
00:34:59,719 --> 00:35:01,680
Speaker 2: Can you you put that on like a timer and

691
00:35:01,760 --> 00:35:03,800
Speaker 2: let me know how long that takes.

692
00:35:04,520 --> 00:35:06,960
Speaker 1: I think, I think it'll be pretty quick. I'm I'm

693
00:35:07,080 --> 00:35:09,400
Speaker 1: very adept at that it is gonna be kind of

694
00:35:09,400 --> 00:35:12,239
Speaker 1: a bummer. I'm not having the black Wing anymore and

695
00:35:12,320 --> 00:35:14,640
Speaker 1: not having the I five. By the way, the BMW

696
00:35:14,719 --> 00:35:17,120
Speaker 1: I five. I wish i'd driven it more. I didn't

697
00:35:17,200 --> 00:35:18,919
Speaker 1: know how good it was until I was a few

698
00:35:18,960 --> 00:35:24,400
Speaker 1: days in to my loan and the thing flies and

699
00:35:24,520 --> 00:35:27,600
Speaker 1: it is solid. I mean it is built like a rock.

700
00:35:28,760 --> 00:35:30,040
Speaker 3: How's the sound system?

701
00:35:30,239 --> 00:35:33,480
Speaker 1: So, in terms of the music, sound system was okay.

702
00:35:33,560 --> 00:35:35,160
Speaker 1: I was just playing The Grateful Dead kind of on

703
00:35:35,440 --> 00:35:40,480
Speaker 1: not a high high level. But the fake sound I.

704
00:35:40,480 --> 00:35:41,800
Speaker 3: Love no.

705
00:35:43,160 --> 00:35:43,239
Speaker 5: What.

706
00:35:43,640 --> 00:35:46,280
Speaker 1: I've become the biggest fan of fake sound and evs.

707
00:35:46,400 --> 00:35:48,879
Speaker 1: I don't know why they have a great fake roar

708
00:35:48,920 --> 00:35:50,719
Speaker 1: when you put it into sports mode and you just

709
00:35:50,840 --> 00:35:52,880
Speaker 1: blast it down the Henry Hudson.

710
00:35:55,160 --> 00:35:58,439
Speaker 2: I'm speechless. I'm speechless. I'm very surprised to hear you

711
00:35:58,960 --> 00:36:02,560
Speaker 2: the mopark. You're right saying that you love this the synthetic.

712
00:36:02,760 --> 00:36:04,680
Speaker 1: I should be more of a purist, but I will

713
00:36:04,680 --> 00:36:08,680
Speaker 1: say I just I know I think the thing is

714
00:36:08,760 --> 00:36:12,080
Speaker 1: I would get sick of it after multiple weeks of it.

715
00:36:12,120 --> 00:36:15,120
Speaker 1: But every time I drive like the Mercedes EQS, I

716
00:36:15,200 --> 00:36:19,160
Speaker 1: love the fake sound they had, like a lion roar. Yeah,

717
00:36:19,200 --> 00:36:22,440
Speaker 1: And now in this BMW I five, I just it's

718
00:36:22,480 --> 00:36:24,359
Speaker 1: it's so much fun. It makes me want to put

719
00:36:24,360 --> 00:36:29,640
Speaker 1: the pedal down even further more often. All Right, well,

720
00:36:29,640 --> 00:36:32,040
Speaker 1: I guess that does it for this week. Join us,

721
00:36:32,360 --> 00:36:35,120
Speaker 1: same time, same place next week, and definitely give us

722
00:36:35,120 --> 00:36:35,640
Speaker 1: an email.

723
00:36:35,920 --> 00:36:39,320
Speaker 2: The email is hot Pursuit at Bloomberg dot net, Hot

724
00:36:39,400 --> 00:36:43,080
Speaker 2: pursuit all one word, all lowercase at Bloomberg b e.

725
00:36:43,120 --> 00:36:44,680
Speaker 3: Erg dot net.

726
00:36:45,040 --> 00:36:45,800
Speaker 1: I'm Matt Miller

727
00:36:46,040 --> 00:36:48,560
Speaker 3: And I'm Hannah Elliott, and this is hot Pursuit