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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: I'm Hannah Elliott and I'm Matt Miller. This is Hot

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Speaker 2: Pursuit coming up on today's podcast.

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Speaker 1: I have been driving around this week and the Mercedes

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Speaker 1: S five eighty E saidan, we'll talk about that, and.

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Speaker 2: In honor of Halloween, we're gonna swap some of our

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Speaker 2: scariest stories behind the wheel. But before we go there, Hannah,

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Speaker 2: you are about to hit the road and head to

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Speaker 2: Las Vegas. What are you doing this weekend?

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Speaker 1: Yes, I am going to the fourth annual Concre at

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Speaker 1: the Wind Las Vegas. It's the Las Vegas Concre basically,

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Speaker 1: and it's going to be like a supercar bonanza. There

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Speaker 1: are going to be the world's largest gathering of Bugatti

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Speaker 1: Vey runs are going to be at least forty if

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Speaker 1: not more. Wow, there are going to be over forty

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Speaker 1: Paganis all on site as well, which is about a

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Speaker 1: third of the amount of the Paganis in the entire continent.

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Speaker 2: That's insane.

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Speaker 1: I know they're going to be two hundred and fifty

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Speaker 1: Lamborghinis period, just because that tracks, Yeah, that tracks maybe

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Speaker 1: its Vegas exactly. I'm actually really excited and it's formulating

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Speaker 1: a story that I'm working on that I will be

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Speaker 1: reporting when I'm there about in a sea of supercars,

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Speaker 1: what makes them special? I mean when you have forty

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Speaker 1: Bagattis and forty Paganis, they all kind of blur together, right,

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Speaker 1: So why why are people still so compelled to buy

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Speaker 1: these things? I'm looking forward to. Also, there's going to

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Speaker 1: be a broad Arrow auction there. There are going to

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Speaker 1: be assorted drives and rallies, and I might even go

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Speaker 1: see the Eagles at this sphere. So there's a lot

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Speaker 1: going on, Yes.

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Speaker 2: I feel like so first of all, I say that

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Speaker 2: I don't hate the Eagles, like the dude I love

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Speaker 2: the Eagles?

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Speaker 1: Is that Don Henley?

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Speaker 2: Yes? I love Don Henley and I love There's a

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Speaker 2: fantastic two part documentary about the history of the Eagles,

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Speaker 2: which is amazing. It's one of the best music documentaries

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Speaker 2: I've ever seen. But I just don't get how they

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Speaker 2: work with the sphere. I get like the Dead at

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Speaker 2: the Sphere, I get Fish at the Sphere. Yeah, I

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Speaker 2: don't need to like be on acid and looking at

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Speaker 2: crazy you know visuals for the Eagles.

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Speaker 1: Yeah, you don't want to hear Boys of Summer you know,

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Speaker 1: I know that's a separate that's not the Eagles, but

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Speaker 1: it is.

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Speaker 2: I still love that song. I love that deadhead sticker

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Speaker 2: on a Cadillac.

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Speaker 1: I seriously love that song. Yeah, I agree, although I

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Speaker 1: will say my uncle Pete Lodwick and Dallas, Texas saw

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Speaker 1: the Eagles there at the Sphere and loved it, absolutely

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Speaker 1: loved it. Was writing about it and said that no

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Speaker 1: matter what, you'll like it. He's seen every band ever,

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Speaker 1: so you know, maybe I'll report back.

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Speaker 2: I get that, so all right, that'll be sweet. In

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Speaker 2: terms of the cars, I always wonder about who goes

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Speaker 2: to these things the Lambos I get, and actually I

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Speaker 2: did one time. I did a three day driving Lamborghini

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Speaker 2: driving school in Vegas, Vegas, and it was like perfect.

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Speaker 2: You know, big gold chains, self made men with a

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Speaker 2: lot of hair not on their heads but everywhere else,

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Speaker 2: and that it kind of fits. But if you have

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Speaker 2: a PEGANI like, if you bought a car for multiple

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Speaker 2: million dollars, I figure you're like a really important CEO

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Speaker 2: or a hedge fund manager who wants to keep a

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Speaker 2: low profile, and then you're too busy to go to

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Speaker 2: Las Vegas with your car. And you also don't want

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Speaker 2: to hang out with a bunch of other people that

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Speaker 2: have that car.

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Speaker 1: Right, I think it may actually be different personality types

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Speaker 1: if you are the one who's buying Bugattis and Pegani's,

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Speaker 1: I think you actually do want to be out and

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Speaker 1: about talking with tons of people and showing off your

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Speaker 1: car and whatever you have. It seems like the when

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Speaker 1: you get into that price stratosphere, the real commodity is,

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Speaker 1: of course time, and so when you are super rich

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Speaker 1: and super wealthy, you figure out a way to create

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Speaker 1: time for yourself. And the type of person who loves

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Speaker 1: these cars is also smart enough to create the time

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Speaker 1: to drive them and travel with them and enjoy them.

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Speaker 1: This is my working theory.

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Speaker 2: So and you have a lot of experience with these people.

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Speaker 2: I mean, like if you go to the meal Amelia,

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Speaker 2: you're probably the kind of person who can at least

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Speaker 2: complately completely.

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Speaker 1: And I do think there are plenty of people who

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Speaker 1: are wealthy and very successful who are just what you describe,

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Speaker 1: very discreete, you know, very reserved, very low key. Those

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Speaker 1: guys I typically find might buy some other type of

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Speaker 1: expensive car, but not necessarily a Bugatti or Pegani. Again,

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Speaker 1: this is my working theory.

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Speaker 2: But I have to think for me, like, I love

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Speaker 2: Bugattis so much, and I'm eternally grateful that I got

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Speaker 2: to drive the Chiron on a track in Germany, and

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Speaker 2: like talking to Mate Remac about his new engine, it's

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Speaker 2: I probably want to drive that more than anything else

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Speaker 2: in the whole world. But I feel like Pegani is

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Speaker 2: a step above Bugatti in terms of a work of

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Speaker 2: art that's unique to the buyer, in terms of the customization,

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Speaker 2: in terms of you know, it's more about the art

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Speaker 2: than it is about the car. You Yes, you feel me?

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Speaker 1: Yes, I do feel you. I do feel you, Matt.

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Speaker 1: And I think part of that too goes back to

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Speaker 1: the person of Horatio Pegani, who has been the person

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Speaker 1: who's led and directed and owned the company sits since

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Speaker 1: it's inception. Bugatti, Let's not forget, is a very old

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Speaker 1: company that is owned by a huge German corporation, and

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Speaker 1: I think that is evident in the way that the

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Speaker 1: cars are presented and made. Whereas Pegani, it's Horatio and

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Speaker 1: Christopher his son who are directing everything. I mean, they

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Speaker 1: control that company, so it's a lot closer to the

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Speaker 1: vision of one charismatic person versus Bugatti, who, let's face it,

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Speaker 1: is owned by Volkswagen.

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Speaker 2: Group, although it does seem like Remac has a lot

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Speaker 2: of say in what they do.

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Speaker 1: Yeah, and I think Mate is a very brilliant person.

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Speaker 1: We love talking with him. We could talk with him

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Speaker 1: for hours, and we basically have talked with him for hours.

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Speaker 1: So yeah, he's probably obviously influencing Bugatti. But still you're right.

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Speaker 1: I think Pegani is like hand in hand with the

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Speaker 1: vision of one very unique individual and that is evidenced

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Speaker 1: in the cars for sure. And there's going to be

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Speaker 1: a new Hyrus Speedster shown also this weekend at the Concore,

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Speaker 1: and I won't be talking with Christopher Buggotty about that car.

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Speaker 2: That's fantastic. I think they're I mean, do you agree

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Speaker 2: that these are probably the two most special cars one

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Speaker 2: can buy new? Certainly they're the two most expensive cars

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Speaker 2: that one can buy new.

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Speaker 1: Right probably. I mean everybody defined special in a different way,

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Speaker 1: but if you are talking about the combination of price point, performance,

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Speaker 1: limited availability, and the amount of time required to wait

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Speaker 1: until you can get one of these cars, yeah, they're

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Speaker 1: very capitalists special, They're very capitalisted super.

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Speaker 2: Who else are you talking to at this win concre.

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Speaker 1: We will also be talking with the head of Bugatti,

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Speaker 1: who is not mat Hey Rimc Christophe Piochan, and I

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Speaker 1: will also be talking with Mkhil Haggarty on Saturday cool

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Speaker 1: about the market of these cars. Mkhiel, of course, is

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Speaker 1: of Haggarty fame. Haggardy owns Broad Arrow Auctions, so I'll

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Speaker 1: be talking with Mkkil specifically about how these cars do

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Speaker 1: on the auction market, what the aftermarket values are, and

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Speaker 1: where that market is going in the future. So I'm

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Speaker 1: really looking forward to that conversation. I hope to come

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Speaker 1: back with some very good insights for all of us.

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Speaker 2: Yeah, I'm excited. We'll bring our listeners all that content

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Speaker 2: on a future episode coming up. The Mercedes S five

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Speaker 2: eighty that Hannah's been driving around this week. We'll get

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Speaker 2: her take on the luxury sedan and our scariest stories

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Speaker 2: for Halloween. I'm Matt Miller with Hannah Elliott and this

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Speaker 2: is Hot Pursuit from Bloomberg Radio. And Hannah, You've been

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Speaker 2: driving around in the Mercedes S five e which is

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Speaker 2: that like a really Los Angeles appropriate car?

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Speaker 1: Yes, yes, Mad it is. And I have to say

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Speaker 1: this should not be confused with the Mercedes my Bock

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Speaker 1: S five eighty, which has a V eight. This is

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Speaker 1: actually the S five eighty e Formatic And that's way

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Speaker 1: too long and confusing a name. But that means it's

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Speaker 1: a six.

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Speaker 2: What. Yes, it's not what I thought five.

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Speaker 1: I know, I know, I know. It's a it's a

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Speaker 1: three leader in line six turbo plug in hybrid.

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Speaker 2: Oh my god, I.

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Speaker 1: Know, I really, I know. I just want to tell

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Speaker 1: you I can just I just felt all of the

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Speaker 1: air stuck out of the room. This is five hundred

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Speaker 1: and ten combined horsepower. It is all wheel drive, nine

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Speaker 1: speed automatic.

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Speaker 2: But yes, and this is ha Are you sure about this?

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Speaker 1: Yeah? I am sure. I am looking at the cars Monroney.

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Speaker 1: That was in the glove compartment of the vehicle. Itsel

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Speaker 1: I couldn't be more sure.

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Speaker 2: I don't understand why do car makers keep doing this?

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Speaker 2: You know? This is a lot like you know the

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Speaker 2: dB twelve from Aston Marton. It's almost leading.

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Speaker 1: Because we should talk about Aston.

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Speaker 2: Yeah yeah, well, well pressing. But the dB twelve has

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Speaker 2: a V eight and when you when you hear dB twelve,

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Speaker 2: you think.

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Speaker 1: Oh cool, it's me nothing words mean nothing when you

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Speaker 1: hear turbo you think it turbo charge BMW.

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Speaker 2: You know. I was talking with and Oh, the owner

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Speaker 2: of an X seven forty, and I was like, you

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Speaker 2: got an inline six. He's like no, I know, he

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Speaker 2: says the VA it's a forty. I'm like, no, that's

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Speaker 2: not how it works anymore. Bro.

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Speaker 1: No, and now mean nothing.

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Speaker 2: I mean previously an S five hundred and five point

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Speaker 2: fifty five eighty, they all had the V eight.

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Speaker 1: I know. Well, we're in new times now, my friend.

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Speaker 1: And about that words mean nothing thing. I take it

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Speaker 1: back to when BMW started referring to some of its

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Speaker 1: cars Sedan's as sport coops. That to me was the

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Speaker 1: time when words started meaning nothing, which was probably at

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Speaker 1: this point twenty years ago. But when they started referring

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Speaker 1: to Sedans as quote unquote sport coops, that was it.

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Speaker 1: That just ended it for me. Anyway. That's that's my rant.

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Speaker 1: Back back to the S five eighty where was I

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Speaker 1: It's you you.

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Speaker 2: Were going to tell me it's still good even though

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Speaker 2: it doesn't have a view.

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Speaker 1: Okay, so yes, this is what I was going to say.

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Speaker 1: There are very few cars where in the middle of

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Speaker 1: my day when I'm driving and I'm sitting in the

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Speaker 1: driver's seat, all of a sudden, I just think, wow,

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Speaker 1: I really like this car, like out of nowhere, not

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Speaker 1: doing anything in particular, just it just kind of comes

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Speaker 1: to me that I'm having a really nice time in

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Speaker 1: the car at that moment in time, and that did

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Speaker 1: happen with this vehicle. It is wonderful for a commuting sedan.

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Speaker 1: It's it's so comfortable as you would expect. I actually

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Speaker 1: loved the weird livery speck on it. It was this

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Speaker 1: weird silver metallic color on the outside and a paint

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Speaker 1: job that costs ten thousand dollars extra wow and right,

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Speaker 1: and the silver almost had a drop of green in it.

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Speaker 1: And then inside was this green Napa leather diamond quilted

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Speaker 1: stitched inside like this race and green that looked like

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Speaker 1: something Bentley would have. And it had pillows in the

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Speaker 1: back for your head and for your legs. It kind

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Speaker 1: of looked like a Bentley in the back, which was

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Speaker 1: odd and also cost almost twelve grand additional, but I

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Speaker 1: weirdly really liked it. And then the dashboard and the

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Speaker 1: door doors had this black piano lacquer would trim that

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Speaker 1: costs almost two grand. Extra. So this is an expensive vehicle,

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Speaker 1: but it's somehow all worked. Now what I'm getting away

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Speaker 1: from is telling you that it drives amazing, and I

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Speaker 1: would not say this car drives amazing. This is not

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Speaker 1: a sports car, this is not even an AMG. This

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Speaker 1: is a inline six hybrid stand so it wasn't exactly thrilling.

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Speaker 1: In fact, I thought it was rather soft. But that's

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Speaker 1: not why you buy this car, so I don't actually

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Speaker 1: fault it for that. You buy this car for comfort

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Speaker 1: and for prestige and for an enjoyable drive when you're

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Speaker 1: driving around every day in LA And to that end,

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Speaker 1: it really won won me over.

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Speaker 2: Interesting. So get this Google Gemini, which is the AI

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Speaker 2: platform of alphabet And by the way, not that car

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Speaker 2: lovers care that much, but Gemini's usage has increased by

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Speaker 2: forty four percent the past three months we learned today,

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Speaker 2: so more and more people are using Gemini. The momentum

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Speaker 2: is faster than chat ChiPT But Gemini I Digress says

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Speaker 2: that this is a point of confusion in that Mercedes

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Speaker 2: has an S five eighty Formatic which still uses the

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Speaker 2: four leader twin turbo V eight with the mild hybrid

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Speaker 2: drive system. The s five eighty E formatic plugin hybrid,

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Speaker 2: which is the one that you have as the three

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Speaker 2: leader in line six. Obviously I believed you. I just

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Speaker 2: wanted to see what the deal is verify. The only

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Speaker 2: difference is the lowercase E. I know it takes away

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Speaker 2: two cylinders and one leader of displacement. However, what I

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Speaker 2: also find fascinating is so the V eight has horsepower

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Speaker 2: four ninety six and torque of five sixteen does zero

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Speaker 2: sixty and four point three seconds. The lower case E

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Speaker 2: has a combined output of five hundred and three horse power.

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Speaker 2: I don't know how they're measuring that. It could be

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Speaker 2: a little more or less, but five hundre fifty three

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Speaker 2: pound feet of torque, so it seems like it's stronger.

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Speaker 2: The hybrid is the plug in hybrid version is than

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Speaker 2: the straight V eight, but it's slower zero to sixty

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Speaker 2: at least according to Gemini at four point eight seconds,

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Speaker 2: which is weird.

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Speaker 1: Yeah. Again, everything is befuddled these days, and just because

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Speaker 1: you have a certain amount of cylinders in the engine

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Speaker 1: doesn't mean that you're also getting more horsepower, like you

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Speaker 1: just established. Now, Gemini says a little the mmony for

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Speaker 1: the car itself says five hundred and ten horsepower, so

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Speaker 1: somewhere over five hundred, it's still more than the V eight.

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Speaker 1: And to your point, yes, you can't assume that because

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Speaker 1: you're getting a bigger engine or more cylinders, you're getting

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Speaker 1: a faster, more powerful car that just doesn't hold anymore.

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Speaker 1: There are so many different variables, and so maybe this

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Speaker 1: will help your case with your wife at some point

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Speaker 1: trying to get a car you actually want, because again,

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Speaker 1: there's no like heart and fast rule anymore about what

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Speaker 1: you can expect to get. I do think one of

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Speaker 1: the problems that Mercedes has is their names are so confusing,

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Speaker 1: and all of the cars tend to blend together, so

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Speaker 1: it really does take a lot of time and attention

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Speaker 1: to figure out which is which. Which seems like a problem.

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Speaker 2: Yeah, that does seem like a market.

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Speaker 1: It's really confusing, right, And I should say that this

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Speaker 1: car that I drove ended up being almost one hundred

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Speaker 1: and seventy six thousand dollars, so it's not cheap. It's

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Speaker 1: cheaper than other sedans we've driven. It's cheaper than the

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Speaker 1: my box version of the same thing, which has a

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Speaker 1: V eight.

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Speaker 2: And probably more tasteful, right, yes.

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Speaker 1: Yes, yes, yes, which and that had my box version

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Speaker 1: has the same It's that four liter V eight that

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Speaker 1: gets just under five hundred horsepower. So again argument for

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Speaker 1: this car if you just care about straight numbers, but

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Speaker 1: that is that this hybrid has more power. But at

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Speaker 1: the end of the day, can you tell the difference

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Speaker 1: between four hundred and ninety six and no you cannot.

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Speaker 2: You can't. Frankly, most people won't know the difference between

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Speaker 2: four point three seconds and four point eight seconds, not

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Speaker 2: on the highway any care tims. You're the sixty times

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Speaker 2: even with a roll on. You're right, I agree. And

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Speaker 2: the Mercedes I haven't been in this one, but they

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Speaker 2: tend to I think excel, even beating all the competition

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Speaker 2: in terms of it being a nice place to sit.

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Speaker 1: Yes, you know so, honestly, so nice, just so easy

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Speaker 1: to and seamless to control everything from the dashboard. Everything

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Speaker 1: flows very seamlessly. The interface is good, the ambient lighting

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Speaker 1: is good. It just is a very nice environment. The

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Speaker 1: doors close very softly. It just is a really nice environment.

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Speaker 2: I'm sure that's what you want. Yeah, I will say

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Speaker 2: In regards to the numbers versus displacement or numbers versus cylinders.

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Speaker 2: I hate to harp on this. I always go back

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Speaker 2: to it the heartbreak I felt when Mark Fields unveiled

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Speaker 2: the second generation of the Ford F one to fifty

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Speaker 2: Raptor with its three and a half liter Eco Boost

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Speaker 2: V six, and I was like, but wait, I thought

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Speaker 2: we had a six point two liters V eight in this,

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Speaker 2: and he was like, yeah, but this one has more

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Speaker 2: horse power and torque. Because it's a turbocharged that doesn't

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Speaker 2: always make things better. I would have rather had and

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Speaker 2: I did rather have the first gen with only four

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Speaker 2: hundred and twenty horse power in the big V eight

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Speaker 2: than the second gen with four hundred and fifty horse

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Speaker 2: power and the turbocharge V six. It's just I can't

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Speaker 2: say it often enough. The driving feel is more important

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Speaker 2: to me than the numbers on paper.

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Speaker 1: I get that, and I hear that, and I'm hoping

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Speaker 1: we can start a support group for people like you

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Speaker 1: who were similarly affected by this. I do think it's true.

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Speaker 1: It goes for me. It goes back to the saying

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Speaker 1: it's more fun to drive a slow car fast than

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Speaker 1: a fast car slow.

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Speaker 2: Yeah.

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Speaker 1: And at the end of the day, like we were

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Speaker 1: chatting about before, offline cars are emotional and it's just

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Speaker 1: about whatever more emotions get kicked up in you in

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Speaker 1: any particular car. That's I mean, you can argue with

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Speaker 1: someone with facts and figures all day and at the

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Speaker 1: end of the day, they're gonna go with the car

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Speaker 1: that they like the feel of and that evokes some

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Speaker 1: memory or emotion for them. Yeah, and I think and

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Speaker 1: I believe you when you say that you can feel

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Speaker 1: a difference in a vehicle that has a VA and

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Speaker 1: maybe that's a placebo effect, but it's still valid.

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Speaker 2: Yes, well, I'm highly susceptible to placebo, uh, to placebo effects.

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Speaker 2: All Right, we're gonna take a break. We come back.

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Speaker 2: We're gonna talk about our scariest stories behind the wheel

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Speaker 2: and you know, since we brought it up. Speaking of

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Speaker 2: terrifying stories, we'll talk about Aston Martin also putting its

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Speaker 2: future model plans under review as US tariffs hit. This

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Speaker 2: is Bloomberg. I'm Matt Miller with Hannah Elliott and this

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Speaker 2: is Hot Pursuit from Bloomberg Radio. It's Halloween or maybe

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Speaker 2: a little after, depending on when you downloaded this podcast.

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Speaker 2: But Hannah, what are you dressing up as this year?

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Speaker 1: I'm dressing up as a roving reporter on assignment in

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Speaker 1: Las Vegas. No costume night, No, I don't think so.

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Speaker 1: I don't think so, But I don't know. I might

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Speaker 1: go a little western because I did also hear that

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Speaker 1: zz Top is playing on Halloween night in Vegas and

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Speaker 1: like an off the strip sort of low end heat

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Speaker 1: down in the dumps place, which might be actually kind

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Speaker 1: of funny.

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Speaker 2: That's perfect. So I might there's a mechanic.

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Speaker 1: There might be something like that, and I might wear

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Speaker 1: the truckle you know who knows, might bring it up

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Speaker 1: for the for the concert.

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Speaker 2: What was your what is your scariest story from behind

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Speaker 2: the wheel? I actually don't know. I've never heard, uh

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Speaker 2: you tell a story of any car accidents for example.

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Speaker 1: No, Honestly, I will say thanks, thank god and knock

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Speaker 1: on wood. I have not been involved in anything like that.

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Speaker 1: One time when I was, you know, in high school,

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Speaker 1: I think it might have reared it someone because I

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Speaker 1: was following too close. But that taught me that lesson

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Speaker 1: that was that was no, thank god. I haven't been

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Speaker 1: involved in anything serious. I would say my most terrifying

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Speaker 1: moments in electric in cars. I was gonna say electric

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Speaker 1: cars are when the battery is running low that shelter,

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Speaker 1: I get major anxiety. I also have had two times

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Speaker 1: when a press vehicle was towed. Both times were terrifying.

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Speaker 1: One was a Tesla and I literally got a phone

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Speaker 1: call from Tesla before the vehicle had even been deposited

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Speaker 1: at the toepound because they were monitoring the car and

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Speaker 1: they could tell that, yeah, that was interesting. And then

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Speaker 1: the other time was this little Fiat five hundred E

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Speaker 1: that was towed from being charged in a downtown La park.

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Speaker 1: It was towed from the charger because apparently they didn't

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Speaker 1: allow outside cars to charge there anyway. That was towed

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Speaker 1: to the sketchiest most shakedown type of towpound with like

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Speaker 1: junkyard dogs and junkies and tents and very very sketchy

387
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Speaker 1: people in very near skid row la and the guy

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Speaker 1: just wanted cash to give me back the car. It

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Speaker 1: was sketch, so those, I would say. And then you know,

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Speaker 1: it's not great when your rolls Royce just suddenly stops

391
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Speaker 1: having power when you're on the one oh one. But

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Speaker 1: you know, I'm kind of used to that.

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Speaker 2: But all but the real scary stuff for you happens

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Speaker 2: in evs.

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Speaker 1: Actually, yes, I guess that's the moral of that story. Yes,

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Speaker 1: what about you, Matt, Well.

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Speaker 2: You know what, I'll tell you something I don't. I've

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Speaker 2: never told this story publicly, and I don't think I've

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Speaker 2: ever told you. But it has to be about ten

400
00:23:18,760 --> 00:23:23,359
Speaker 2: years ago, maybe longer. I was up at Monticello, which

401
00:23:23,400 --> 00:23:26,720
Speaker 2: is the you know racetrack club, yes, here in New York,

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Speaker 2: and they have an off road course, and I was

403
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Speaker 2: with some guys from Toyota testing out there at the

404
00:23:33,080 --> 00:23:37,440
Speaker 2: time new Tundra, which it was and is a fantastic truck,

405
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Speaker 2: but we were driving it around off road on a

406
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Speaker 2: kind of an off road race course, so higher speeds,

407
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Speaker 2: and each one of us had a driving instructor in

408
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Speaker 2: the truck. And as I was going around a muddy bend,

409
00:23:51,760 --> 00:23:55,240
Speaker 2: the driving instructor said, you could give it more gas there,

410
00:23:55,760 --> 00:23:59,600
Speaker 2: and I thought he meant, now you could give it

411
00:23:59,640 --> 00:24:02,959
Speaker 2: more gas, rather than you could have given it more gas.

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00:24:03,320 --> 00:24:06,080
Speaker 2: So I put the pedal all the way down and

413
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Speaker 2: the back wheels just started spinning as we came around

414
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Speaker 2: the corner. As soon as I got grip again, I

415
00:24:13,520 --> 00:24:16,800
Speaker 2: was pointed the wrong direction and I hit a tree

416
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Speaker 2: so hard that we needed to get another truck with

417
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Speaker 2: chains to pull my truck off of the tree. Actually

418
00:24:26,960 --> 00:24:29,880
Speaker 2: nothing happened, like in terms of injury.

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Speaker 1: Did the air bag deploy We.

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Speaker 2: Had turned off the air bags because perfect, Yeah, because

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Speaker 2: we were off road. So that was I mean, it

422
00:24:40,520 --> 00:24:45,800
Speaker 2: wasn't really scary in terms of like danger. Afterward, everybody

423
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Speaker 2: was just slack jawed and couldn't believe what had happened.

424
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Speaker 2: But it was like whoa, you know, like kind of crazy.

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Speaker 1: It was scary.

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Speaker 2: It was scary in terms of I'd never like wrecked

427
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Speaker 2: a press car and I was filming for, you know,

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Speaker 2: a piece for Bloomberg Television and.

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Speaker 1: I sat on camera was that, yeah, everything was on car.

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Speaker 2: I was worried, like, was my boss gonna say? You know? So,

431
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Speaker 2: from that perspective, it was scary. Is Toyota gonna hate me?

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Speaker 2: From that perspective, it was a little scary, But I

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Speaker 2: think more it was It's just more interesting because of

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00:25:26,200 --> 00:25:29,760
Speaker 2: the misunderstanding that I had with the driving coach. He

435
00:25:29,840 --> 00:25:31,520
Speaker 2: was like, you could give it more gas, and he

436
00:25:31,640 --> 00:25:34,159
Speaker 2: meant you could have given it more gas, but I

437
00:25:34,200 --> 00:25:38,600
Speaker 2: was thinking like, now, okay go and yeah.

438
00:25:38,280 --> 00:25:40,320
Speaker 1: That's just and it's not a good feeling at all.

439
00:25:40,600 --> 00:25:41,960
Speaker 1: Was the driving coach American?

440
00:25:42,520 --> 00:25:43,280
Speaker 2: He was, Yeah, he.

441
00:25:43,359 --> 00:25:46,160
Speaker 1: Was, because if he was German, maybe there was a

442
00:25:46,200 --> 00:25:49,840
Speaker 1: you know, a lost in translation moment or Japanese. Yeah,

443
00:25:49,960 --> 00:25:52,200
Speaker 1: that would totally happen, because a lot of those guys

444
00:25:52,240 --> 00:25:57,080
Speaker 1: are you know, European or Japanese or whatever. But I man,

445
00:25:57,160 --> 00:25:59,080
Speaker 1: I feel for you. That is the worst feeling. And

446
00:25:59,200 --> 00:26:02,080
Speaker 1: you know what the oh, I've seen that type of

447
00:26:02,119 --> 00:26:05,480
Speaker 1: thing happen so much on press drives, and maybe that's

448
00:26:05,520 --> 00:26:08,240
Speaker 1: a little known secret among the press pool of the

449
00:26:08,280 --> 00:26:10,399
Speaker 1: folks who go on a lot of these press drives,

450
00:26:11,280 --> 00:26:14,359
Speaker 1: a lot of a lot of things happen.

451
00:26:14,480 --> 00:26:17,800
Speaker 2: A lot of journalists wreck cars. I had actually seen

452
00:26:17,800 --> 00:26:22,040
Speaker 2: a couple as well, previous to this experience, in which

453
00:26:22,840 --> 00:26:26,680
Speaker 2: the company got very angry, i know, at the journalist.

454
00:26:26,800 --> 00:26:30,080
Speaker 2: So that's why I thought it was. That's why I

455
00:26:30,119 --> 00:26:35,720
Speaker 2: was scared. But to their credit, Toyota was incredibly kind

456
00:26:36,200 --> 00:26:41,280
Speaker 2: and you know, more concerned for my safety. Yeah, so

457
00:26:41,400 --> 00:26:44,760
Speaker 2: that was interesting. I can't believe you've never been in

458
00:26:44,920 --> 00:26:49,560
Speaker 2: any kind of because you've driven fast cars yes I imagine

459
00:26:49,520 --> 00:26:50,640
Speaker 2: high speeds.

460
00:26:50,440 --> 00:26:54,280
Speaker 1: Yes, yeah I have. But also I am not reckless,

461
00:26:54,440 --> 00:26:59,320
Speaker 1: and I also don't outjudge my own driving ability. I

462
00:26:59,640 --> 00:27:03,960
Speaker 1: have never thought I'm a expert driver or a professional

463
00:27:04,400 --> 00:27:07,600
Speaker 1: because I am not. I am a writer, so I

464
00:27:07,640 --> 00:27:10,240
Speaker 1: think it seems to me and I really I say

465
00:27:10,280 --> 00:27:13,800
Speaker 1: this really humbly, because things happen, for sure, and you know,

466
00:27:14,119 --> 00:27:17,160
Speaker 1: obviously I've spun a car on a track, but everybody

467
00:27:17,160 --> 00:27:21,720
Speaker 1: does that. That's just testing your edge. I think sometimes

468
00:27:21,760 --> 00:27:25,960
Speaker 1: like the worst problems happen when you think you're a better.

469
00:27:25,840 --> 00:27:28,680
Speaker 2: Driver than you are, and a lot of journalists do.

470
00:27:28,960 --> 00:27:32,040
Speaker 1: Yeah, and I would. I'm sure I'm accused of being

471
00:27:32,200 --> 00:27:35,520
Speaker 1: a slow driver or whatever, but I'm careful and I

472
00:27:35,640 --> 00:27:38,200
Speaker 1: do not believe that I am a professional driver.

473
00:27:38,760 --> 00:27:41,120
Speaker 2: I feel the same way. I don't. I don't overestimate

474
00:27:41,119 --> 00:27:45,400
Speaker 2: my ability, and yet I'll go on especially motorcycle launches.

475
00:27:45,640 --> 00:27:50,280
Speaker 2: For some reason, motorcycle journalists try and drive as fast

476
00:27:50,320 --> 00:27:53,560
Speaker 2: as they possibly can, so I'm always the last in

477
00:27:53,600 --> 00:27:56,840
Speaker 2: the bunch. Obviously I did have a bad motorcycle accent,

478
00:27:56,920 --> 00:28:00,879
Speaker 2: but it wasn't talk about. Well, you probably know that

479
00:28:00,920 --> 00:28:06,040
Speaker 2: I was driving a Ducatti Panagali at you know, not

480
00:28:06,240 --> 00:28:10,159
Speaker 2: super legal speeds and a Ford F one fifty crossed

481
00:28:10,200 --> 00:28:11,960
Speaker 2: over the double yellow line and hit me head on,

482
00:28:12,040 --> 00:28:16,639
Speaker 2: which I couldn't have avoided and it hospitalized me for

483
00:28:16,720 --> 00:28:17,359
Speaker 2: quite a while.

484
00:28:17,400 --> 00:28:19,560
Speaker 1: But that's terrifying.

485
00:28:19,760 --> 00:28:21,760
Speaker 2: Yeah, but I had a pretty good time in the hospital.

486
00:28:21,800 --> 00:28:26,960
Speaker 2: Everyone was so nice to me, you know, and yeah,

487
00:28:27,480 --> 00:28:29,960
Speaker 2: they were all worried about me. So all right, that's

488
00:28:30,080 --> 00:28:33,800
Speaker 2: enough of that Halloween. So oh wait, Aston Martin, Yeah,

489
00:28:33,800 --> 00:28:36,800
Speaker 2: I got to I'm you know. For those who haven't

490
00:28:36,800 --> 00:28:40,480
Speaker 2: read on the Bloomberg terminal, Aston Martin this week said

491
00:28:40,480 --> 00:28:44,280
Speaker 2: it's reviewing plans for upcoming models because it has to

492
00:28:44,400 --> 00:28:47,240
Speaker 2: lower costs and the shares just got absolutely clobbered. The

493
00:28:47,280 --> 00:28:50,560
Speaker 2: shares have performed so badly anyway, but I guess us

494
00:28:50,720 --> 00:28:55,760
Speaker 2: tariffs have really hurt the iconic British car maker, so

495
00:28:56,400 --> 00:28:59,080
Speaker 2: it's targeting a reduction in capital spending, which is never

496
00:28:59,160 --> 00:29:04,040
Speaker 2: good when you're favorite manufacturer does that by almost half

497
00:29:04,160 --> 00:29:05,840
Speaker 2: a billion dollars this year.

498
00:29:06,280 --> 00:29:10,520
Speaker 1: That is really it's heartbreaking for people who love the brand.

499
00:29:11,520 --> 00:29:15,840
Speaker 1: And obviously we know that Aston Martin has really been

500
00:29:16,040 --> 00:29:19,000
Speaker 1: trying to do a big turnaround since Lawrence Stroll bought

501
00:29:19,000 --> 00:29:23,920
Speaker 1: it in twenty twenty. They brought in Bentley boss Adrian Hallmark,

502
00:29:23,960 --> 00:29:28,280
Speaker 1: who's very well liked and respected, especially for handling crisis crises.

503
00:29:30,280 --> 00:29:34,240
Speaker 1: But this isn't great for people who love Aston Martin cars,

504
00:29:34,400 --> 00:29:36,840
Speaker 1: and it's not great for the company because the worst

505
00:29:36,960 --> 00:29:38,920
Speaker 1: thing is to have no new product.

506
00:29:39,560 --> 00:29:43,520
Speaker 2: Well, and to me, it's just exactly the wrong time

507
00:29:43,560 --> 00:29:46,479
Speaker 2: because they have I think turned the corner. You know

508
00:29:46,520 --> 00:29:48,959
Speaker 2: how much I love that Aston Martin Vanquish. I think

509
00:29:49,000 --> 00:29:52,640
Speaker 2: it's the best Aston Martin that I've ever driven. Yes,

510
00:29:53,440 --> 00:29:56,600
Speaker 2: and it's definitely the best since the Vantage.

511
00:29:56,240 --> 00:29:57,160
Speaker 1: For sure.

512
00:29:57,960 --> 00:30:00,680
Speaker 2: Yes, I mean it's it's it seemed to me like

513
00:30:00,720 --> 00:30:05,360
Speaker 2: they had figured everything out and that car, aside from

514
00:30:05,360 --> 00:30:10,840
Speaker 2: being incredibly expensive, I think is almost perfect in every

515
00:30:10,840 --> 00:30:11,320
Speaker 2: other way.

516
00:30:11,400 --> 00:30:14,400
Speaker 1: So yeah, it's sad. I wonder if this is going

517
00:30:14,440 --> 00:30:18,200
Speaker 1: to be the first of other companies. I mean, it's

518
00:30:18,360 --> 00:30:22,240
Speaker 1: bad that they had to say it. You know, obviously

519
00:30:22,280 --> 00:30:25,760
Speaker 1: tariffs are affecting everybody, and each automaker has to figure

520
00:30:25,800 --> 00:30:29,080
Speaker 1: out what makes the most sense for them as they

521
00:30:29,120 --> 00:30:33,320
Speaker 1: try to navigate all of this. It's too bad ass

522
00:30:33,360 --> 00:30:36,480
Speaker 1: and Martin had to say it, And I wonder if

523
00:30:36,520 --> 00:30:38,680
Speaker 1: there will be others who join.

524
00:30:39,400 --> 00:30:42,120
Speaker 2: I just hope they're able to produce as many of

525
00:30:42,120 --> 00:30:47,080
Speaker 2: those Vanquish Volantes and also the hard tops as possible,

526
00:30:47,120 --> 00:30:50,160
Speaker 2: and maybe one day I'll drive it again. That does

527
00:30:50,200 --> 00:30:53,000
Speaker 2: it for this week's show. Remember to follow and subscribe

528
00:30:53,040 --> 00:30:57,000
Speaker 2: to Hot Pursuit on Apple, Spotify or anywhere else you listen.

529
00:30:57,320 --> 00:31:01,680
Speaker 2: And it's really key to search Bloomberg Hot Pursuit because

530
00:31:01,720 --> 00:31:03,720
Speaker 2: if you just search Hot Pursuit on any of these

531
00:31:03,760 --> 00:31:07,719
Speaker 2: podcast platforms, you're gonna get something about like Middle Eastern

532
00:31:07,760 --> 00:31:11,440
Speaker 2: politics for some reason, it's not about cars. So Bloomberg

533
00:31:11,480 --> 00:31:15,320
Speaker 2: Hot Pursuit and you can email us at any time.

534
00:31:15,440 --> 00:31:17,720
Speaker 2: Drop us a line at Hot Pursuit at Bloomberg dot.

535
00:31:17,720 --> 00:31:20,240
Speaker 1: Net, and you can check out my columns and stories

536
00:31:20,240 --> 00:31:23,880
Speaker 1: on Bloomberg dot com and on the Bloomberg Business app.

537
00:31:23,920 --> 00:31:26,120
Speaker 1: You can go there for car reviews, events and stories

538
00:31:26,160 --> 00:31:29,400
Speaker 1: that you won't find anywhere else. Find it all at

539
00:31:29,440 --> 00:31:34,120
Speaker 1: Bloomberg dot com, slash Pursuits, slash Autos. I'm Hannah Elliott

540
00:31:34,360 --> 00:31:36,560
Speaker 2: And I'm Matt Miller will be back in your podcast

541
00:31:36,600 --> 00:31:37,840
Speaker 2: feed again next week