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Speaker 1: Hi.

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Speaker 2: I'm Hannah Elliott and I'm Matt Miller, and this is

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Speaker 2: Hot Pursuit. All right, welcome to the first episode of

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Speaker 2: our new podcast. Hannah Elliott from Bloomberg Pursuits and me

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Speaker 2: Matt Miller from Bloomberg Television. We're going to walk you

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Speaker 2: through everything that's hot in the world of autos and motorcycles.

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Speaker 2: I point out, Hannah, because Ducati has released a brand

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Speaker 2: new version of the Multi Strata. This is the V

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Speaker 2: four version. It's called the RS. And the really cool

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Speaker 2: thing about this bike, and then we'll get back to cars,

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Speaker 2: is that it has the Desmo dramatic valve operation. Once again,

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Speaker 2: they've gone away from that to reduce, you know, the

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Speaker 2: amount of mechanical work that you had to do, the

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Speaker 2: amount of upkeep you had to do, and now they've

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Speaker 2: gone back just for this one version. So I'm pretty

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Speaker 2: pumped about that.

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Speaker 3: That's cool.

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Speaker 1: It all sounds very complicated. I'm more scrambler girl myself

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Speaker 1: or a dirt by I love a dirt bike.

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Speaker 2: But of course we're focused mainly on cars, and you

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Speaker 2: have been very much focused on the Mercedes g Wagon.

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Speaker 2: So we're going to talk about that. We're going to

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Speaker 2: talk about a trip that you recently took to Austria

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Speaker 2: to test out a new version of that. We're also

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Speaker 2: going to talk about a couple of the vehicles that

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Speaker 2: we're driving, which I think people might cross shop with

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Speaker 2: a G Wagon, you know, wealthy people that are looking

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Speaker 2: for some kind of big, gigantic suv that has a

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Speaker 2: lot of power behind it. And then we're going to

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Speaker 2: talk about the new car that I recently bought, which

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Speaker 2: maybe is kind of the other end of the spectrum.

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Speaker 2: It wasn't very expensive, it's not an suv and it's

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Speaker 2: like a dinosaur. So we'll talk about my Dodge Challenger

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Speaker 2: RT scatpack wide body.

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Speaker 1: Unfortunate name notwithstanding, I have to say every time when

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Speaker 1: we say that name, I pringe.

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Speaker 2: I think of like Dean Martin and you know Frank Sinatra.

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Speaker 1: Yeah, yeah, Shahinatra was out there in a mopar type

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Speaker 1: car and I.

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Speaker 2: Don't know the history, but I think that's why they

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Speaker 2: called it that. Anyway, let's kick it off with the

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Speaker 2: G Wagon. So this is I think one of the

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Speaker 2: coolest vehicles in automotive history. And I would say you

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Speaker 2: probably agree because you're a big fan. Tell us about

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Speaker 2: what you did over the weekend, so.

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Speaker 3: I have to say I felt pretty lucky.

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Speaker 1: I was the first non Mercedes Benz employee and first

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Speaker 1: American to drive the electric G Wagon, which is really

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Speaker 1: exciting because we've been hearing about this since twenty eighteen

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Speaker 1: when Arnold Schwarzenegger said he wanted one and Mercedes said, okay,

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Speaker 1: we'll make it. Basically, this was back at the G

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Speaker 1: Wagon launch in Detroit, which Matt, I think you'll remember, well, yes,

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Speaker 1: but yeah, all of that to say, I went to

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Speaker 1: go drive it in Austria on the Shekel Mountain also

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Speaker 1: pronounced she Shekel if you want to that tea in there.

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Speaker 1: It's a proven ground in Austria where Mercedes has all

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Speaker 1: of their G Wagons, and I went up there to

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Speaker 1: do some driving in the electric g This was a

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Speaker 1: pre production electric G Wagon, and I have to say

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Speaker 1: it was pretty fun.

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Speaker 2: That's so cool. So I bought back a couple of

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Speaker 2: years ago when I was living in Berlin the new

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Speaker 2: generation of the G Wagon and right inside the door

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Speaker 2: you get a little badge on all of the new

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Speaker 2: G's that says something like tested on the stuckle or

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Speaker 2: proven on the stuckle Jeckel proof, Yes, exactly something like that.

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Speaker 2: So for g Wagon owners, the place is magical and

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Speaker 2: maybe mysterious because it's in Grots and like hardly anybody

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Speaker 2: ever goes there. But basically this is where Magna Steyer

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Speaker 2: makes the g Wagon right there. They're not made by

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Speaker 2: Mercedes in house.

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Speaker 1: Yes, this is a little known fact. So the company

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Speaker 1: was formerly called Poop. Now it's called Magnet. It's a

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Speaker 1: bigger corporation that bought it out, but same company, same location,

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Speaker 1: and it's kind of a mecha for g Wagon owners

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Speaker 1: to go there. There is a factory, there's an experience

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Speaker 1: center which is right by the airport, and it's it

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Speaker 1: is an iconic vehicle. I mean, how many car models

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Speaker 1: can you say I've been made without interruption since the seventies.

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Speaker 3: I mean, it's pretty cool.

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Speaker 2: I have to say, no, it's awesome, and it's in

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Speaker 2: super high demand, even though it's so dang expensive, right,

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Speaker 2: I mean when I bought mine, they were like one

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Speaker 2: twenty five to start and there was a two year

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Speaker 2: waiting list. I don't think the waiting list has come down,

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Speaker 2: it's gone the other direction, and I know the price

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Speaker 2: has gone up.

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Speaker 3: Yeah.

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Speaker 1: Yeah, that's a really good point. And this will be

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Speaker 1: a challenge. I hesitate to get everyone all excited about

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Speaker 1: the electric G because right now Magna makes about forty

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Speaker 1: thousand G wagons per year in that facility. I was

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Speaker 1: in the facility last week. It's very cool, but the

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Speaker 1: production volume is limited. And I've asked Mercedes, hey, how

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Speaker 1: are you going to add in all of these extra

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Speaker 1: electric GEW wagons on top of your maxed out production line?

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Speaker 1: And you know, they say they have a plan. They

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Speaker 1: say they have They're going to have flexible shifts. They're

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Speaker 1: currently running two shifts five days a week at Magna.

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Speaker 1: They don't want to tell me if they're going to

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Speaker 1: add a third shift. Apparently overnight shifts are tricky. You

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Speaker 1: tend to get more fabrication errors in the overnight shift,

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Speaker 1: so they don't necessarily want to go to a third

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Speaker 1: overnight shift. But bottom line, yeah, last year there were

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Speaker 1: two year wait times for new G wagons and Mercedes

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Speaker 1: actually stopped taking orders on the G.

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Speaker 3: It got so bad. They are taking orders again now.

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Speaker 1: But you know, if you order an electric GEW wagon,

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Speaker 1: I think patients will be your highest virtuo because there's

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Speaker 1: going to be high demand and production will be is

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Speaker 1: a big question mark.

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Speaker 3: We'll put it that way.

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Speaker 2: What's going to be called? Is it the EQG because

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Speaker 2: all of their others like the Big the ASS is

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Speaker 2: the EQS now the electric version, and the obviously the

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Speaker 2: E is the EQE the electric version. So is this

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Speaker 2: the EQG.

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Speaker 3: But that's a great question.

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Speaker 1: We've been calling it colloquially the EQG. Mercedes has been

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Speaker 1: using that loosely, but that is not the official name.

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Speaker 1: And Mercedes has said they're going to announce the official

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Speaker 1: name next year when they announced the pricing and they

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Speaker 1: have this big world debut of it.

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Speaker 3: So we don't know.

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Speaker 1: For sure that EQG is the actual name. If you

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Speaker 1: call it that now, people will probably know what you're

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Speaker 1: talking about. But the official name will be announced next year.

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Speaker 1: And we should say the one that I drove it

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Speaker 1: was covered in camouflage. There is going to be some slight, slight,

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Speaker 1: slight difference in the roofline on this Electric G Class I,

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Speaker 1: and they pointed it out to me. I can't even

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Speaker 1: tell the difference. It looks basically this. I mean, I

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Speaker 1: don't have that refined and I I guess they changed

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Speaker 1: a few things to help with efficiency.

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Speaker 3: But yeah, we'll know a lot more next year. It's

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Speaker 3: gonna debut on twenty twenty four.

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Speaker 2: I just have one question before we go on to

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Speaker 2: competitors that you and I are driving this week. On

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Speaker 2: the interior of my G five hundred, the European versions

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Speaker 2: were called that the US version of the G five

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Speaker 2: to fifty kind of the base model. They didn't use

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Speaker 2: the new MBUX, they didn't use the new infotainment system.

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Speaker 2: We still had the old one. Were you able to

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Speaker 2: suss out what they're going to use in terms of

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Speaker 2: the interior electronics package on the new one.

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Speaker 1: I have to believe that they're going to use the

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Speaker 1: new system. The one that I drove was draped in

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Speaker 1: a black cloth.

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Speaker 2: I knew it.

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Speaker 3: Although they did lift up.

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Speaker 1: We were lifting up the cloak, so to speak, to

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Speaker 1: change certain off road modes, to do the rock mode,

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Speaker 1: to do the G turn. I should talk to you

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Speaker 1: about that in a second. And it looks like the

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Speaker 1: news is in there. Don't quote me on that, but

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Speaker 1: it would be ridiculous for them not to put it in.

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Speaker 1: So I'm like ninety percent sure that it'll be in there,

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Speaker 1: and I think that's what I saw.

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Speaker 3: The G turn. I have to talk about this briefly.

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Speaker 1: So Mercedes is doing this G turn in the new

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Speaker 1: Electric g which basically you push a button and it

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Speaker 1: flips the whole thing around in a three hundred and

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Speaker 1: sixty degree circle without going forward to backward.

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Speaker 3: It just like what does a spin? Basically?

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Speaker 1: Yes, yes, And I think this is becoming a thing

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Speaker 1: like remember.

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Speaker 3: The crab walk from.

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Speaker 1: The Electric Hummer, and then the Cadillac Electric Escalade has

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Speaker 1: ballet mode, which like self parks. I feel like all

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Speaker 1: of these new electric SUVs think they have to have

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Speaker 1: like one party trick y p and the G turn

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Speaker 1: is the party.

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Speaker 2: Track, all right, So the new g Wagon is going

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Speaker 2: to have real, real steering, then, is my takeaway. Yeah,

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Speaker 2: let's talk about the other big, expensive, at least partially

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Speaker 2: electric suv that you're driving right now, which is really controversial,

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Speaker 2: the BMW x M. I already already spent a week

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Speaker 2: in it, so I have my own thoughts, uh, and

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Speaker 2: I think everyone who comes even near this thing as thoughts.

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Speaker 2: So what are your thoughts on the BMW XM.

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Speaker 3: My thought is it's ugly. It's big, and it's ugly.

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Speaker 1: I can't look past the wheels which are just like

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Speaker 1: these big rome break things discs.

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Speaker 3: It's just big and lumbering.

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Speaker 1: I'm not necessarily bothered by our new beaver tooth BMW

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Speaker 1: grill which this has. Doesn't bother those don't bother me.

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Speaker 1: It's just the whole thing. It's Matt. I think I

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Speaker 1: heard you say the other day you were kindly referred

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Speaker 1: to it as brutalist, which maybe maybe, I mean, that

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Speaker 1: would be a kind way of describing it. But and

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Speaker 1: you know, the exterior is it just looks rather unsophisticated

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Speaker 1: and then of course worse. The interior has some design

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Speaker 1: notes that I raised my eyebrow at, especially the ceiling,

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Speaker 1: which is kind of like a Eastern European nightclub in

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Speaker 1: the nineties. Uh.

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Speaker 3: Yes, it's like lined and swayed, and it's.

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Speaker 1: Got mood lighting and there are like sort of uneven

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Speaker 1: ridges all across the top.

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Speaker 3: It looks a little bit like a mountain range. Baby.

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Speaker 1: I'm not sure what they were going for, but that's

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Speaker 1: just the looks. I've got a lot of other thoughts

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Speaker 1: about how it drives to I mean, I think also

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Speaker 1: say I think it's more expensive than the g Wagon.

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Speaker 2: Yes, I do think it has a brutalist look, is

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Speaker 2: very aggressive it's imposing and I like that it's very

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Speaker 2: big and massive. The Germans would say vuchtik, which I

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Speaker 2: think is a really fitting way to say it. I

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Speaker 2: love the badges on the back.

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Speaker 1: You know.

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Speaker 2: They have two BMW in Signa insignias on the top

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Speaker 2: sides each side of the winds, which is kind of

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Speaker 2: like what the M one had on its flying buttresses,

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Speaker 2: if that's what you call those things. And this is

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Speaker 2: the only other dedicated M car that they've made. There

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Speaker 2: won't be any other base version. It's only an MV vehicle.

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Speaker 2: I don't understand why they d tuned the V eight,

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Speaker 2: which is in the X five M. It's more powerful

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Speaker 2: in the X five than it is in this, and

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Speaker 2: this is supposed to be their pinnacle like halo vehicle.

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Speaker 2: And I also don't understand why they left out air suspension.

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Speaker 2: I guess the engineers thought it would be troublesome for

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Speaker 2: some reason. But if I'm going to pay one hundred

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Speaker 2: and sixty thousand dollars before I check any boxes, I

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Speaker 2: definitely want air suspension. And I want like some kind

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Speaker 2: of sun roof or panoramic moon roof for something other

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Speaker 2: than the horribly ugly headliner that they've put in there

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Speaker 2: just for design cred.

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Speaker 3: Yeah, I have to I have to agree.

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Speaker 1: I think it's it's wildly expensive and the engine does

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Speaker 1: sound and feel really unsophisticated. To me, that was just

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Speaker 1: the That was my overall take. It just felt very unsophisticated,

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Speaker 1: but not in a cool like you know muscly Way.

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Speaker 3: It just felt rough.

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Speaker 1: And I also, I think we have to give them props.

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Speaker 1: You know, this is a six hundred and forty four

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Speaker 1: horse power vehicle. It's their most powerful vehicle, I think

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Speaker 1: at the moment.

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Speaker 2: Yeah, you can check that, but no, it is.

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Speaker 1: It does zero to sixty faster than the G Wagon

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Speaker 1: and you know I love the g really fast. Yeah,

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Speaker 1: and I stop on that thing and I can pretty much,

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Speaker 1: you know, dominate Beverly Hills if I want to, And

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Speaker 1: yes I have been. I apologize to anyone who's been

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Speaker 1: around me lately driving this because it does make you

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Speaker 1: feel a little bit bossy. But it's it's just you know,

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Speaker 1: it's long. It's it's over sixteen feet long. It's just

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Speaker 1: a brick. It's a fast brick.

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Speaker 2: The anti roll bars are so strong that it's really

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Speaker 2: impressive in a vehicle. Of that size and weight. But

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Speaker 2: otherwise you know, it's comfy, but obviously it's for such

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Speaker 2: a big vehicle. It's going to be comfy and it's

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Speaker 2: kind of luxurious, but that's what you expect when you

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Speaker 2: pay one hundred and sixty grand.

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Speaker 1: So, and I do like the screen. There's that curve

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Speaker 1: screen in the dashboard.

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Speaker 3: Nice. Nice.

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Speaker 2: Yeah, No, they did some okay things with it, but

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Speaker 2: they should have it should be firing on all cylinders, yes, agreed,

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Speaker 2: plus electric power. Speaking of unsophisticated, I'm driving the Jeep

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Speaker 2: Wrangler Rubicon three ninety two right now, yes, which is

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Speaker 2: obviously a car that you reviewed in twenty twenty one,

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Speaker 2: and I love that you pointed out back then that

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Speaker 2: you thought it was too expensive at like seventy five grand,

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Speaker 2: and now you know, less than two years later, I'm

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Speaker 2: driving it and the base model costs ninety three grand

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Speaker 2: before you check any boxes as well, So like the

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Speaker 2: price has gone twenty three percent, and it is awesome.

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Speaker 2: It's so much fun. It's so loud. I drive over

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Speaker 2: for every curb that I can. Today. I just crossed

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Speaker 2: over a median from interstate to a service road, and

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Speaker 2: I think.

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Speaker 3: You have to where you get your license for votes.

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Speaker 2: But but man, is it expensive? Why is it so much?

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Speaker 1: Yeah, this is this is a case of an arms

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Speaker 1: race in terms of pricing for these SUVs. And I

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Speaker 1: think I thought it was expensive when I drove it

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Speaker 1: two years ago. And Jeep is charging this much because

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Speaker 1: they know people will pay this much. It's it's crazy

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Speaker 1: the amount of brand loyalty people who buy Jeeps have.

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Speaker 1: This is another icon. I mean, we were talking about

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Speaker 1: the G class being an icon. The Jeep is older

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Speaker 1: than the G. We have to give props there and

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Speaker 1: it is so beloved. And you know, when I drove it,

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Speaker 1: it was in Moab. I was out there with Jim Morrison,

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Speaker 1: not the cool Jim Morrison, Morrison, not the dead Jim Morrison.

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Speaker 3: The vice president of Jeep.

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Speaker 1: And he told me that basically one hundred percent some

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Speaker 1: of them leave the shop with heavy modifications on them.

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Speaker 1: So people are already pricing them way higher than the

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Speaker 1: starting price. So when we see an MSRP of close

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Speaker 1: two hundred thousand, I think we can assume that most

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Speaker 1: of them don't even leave the factory at that price.

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Speaker 2: Yeah, you're definitely not getting off the dealership yet without

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Speaker 2: without six figures.

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Speaker 1: Yeah, and you know, I don't think the Jeep Rubicon

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Speaker 1: is a luxury vehicle, but they're certainly putting their pricing

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Speaker 1: up where it feels like they're aspiring to be considered

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Speaker 1: amongst some of these other luxury subs that are expensive.

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Speaker 2: And it's all margin. Like if I look at the

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Speaker 2: Jeep yes Wrangler three ninety two at one hundred grand

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Speaker 2: out the door, and I remind myself that you can

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Speaker 2: buy a Dodge Challenger scatpack wide body for sixty and

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Speaker 2: it's got the same engine, you know, and it's also

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Speaker 2: got all the bells and whistles over the base Challenger.

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Speaker 2: So and they're charging an extra forty thousand for the Jeep.

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Speaker 2: It's just insane. By the way, I did just buy

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Speaker 2: that Dodge Challenger. And I want to talk about here

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Speaker 2: we go with you for a second, because I so

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Speaker 2: I got it since this is the last call, right,

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Speaker 2: this is the last year they're making these, and this

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Speaker 2: is like the oldest must be one of the oldest

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Speaker 2: cars in production, you know, from a G class standpoint,

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Speaker 2: and they'll go back the seventies. They redesigned it once. Sure,

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Speaker 2: this hasn't been redesigned since two thousand and seven, with

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Speaker 2: the exception of putting it on that bigger fenders. And well,

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Speaker 2: I think it's cool because it's it's still attractive, at

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Speaker 2: least in my opinion, and obviously it's totally subjective. But

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Speaker 2: this six point four liter V eight is so much power.

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Speaker 2: But they put it in such a huge boat that

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Speaker 2: half the time I'm just spinning my wheels, which is

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Speaker 2: frankly a lot of fun. I do it a lot,

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Speaker 2: and after two weeks I'm almost done with this set

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Speaker 2: of tires.

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Speaker 3: What color did you get? And how is it? Opening

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Speaker 3: the doors in like a garage situation?

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Speaker 2: So obviously, because it's a two door and the doors

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Speaker 2: are so long, it's very difficult. I just don't park

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Speaker 2: next to anybody, which curiates my wife. I'll go to

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Speaker 2: the other side of the parking lot to be alone.

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Speaker 2: In terms of the color, it's F eight green, like

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Speaker 2: an army green, which is a very cool I think

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Speaker 2: it's a throwback to the seventies, as are all of

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Speaker 2: Dodge's colors, and that's why I bought it, you know.

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Speaker 2: It reminded me of a car that like my great

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Speaker 2: grandmother had, although her wasn't quite as sporty, and I

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Speaker 2: just love the kind of big American V eight feel.

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Speaker 2: It reminds me of driving a car and Grand Theft

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Speaker 2: Auto four. I think it was where you know, you

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Speaker 2: just you pull the trigger and it starts to make

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Speaker 2: a lot of noise and slowly roll and pick up

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Speaker 2: momentum because it's not super fast here the sixty and

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Speaker 2: then when you let go of it, it just keeps going

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Speaker 2: because it's built up so much inertia.

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Speaker 1: So I like that momentum car. Yes, No, have you

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Speaker 1: gone around any corner as yet?

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Speaker 2: I haven't. You know. I'm kicking out at the back

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Speaker 2: end of this car around every like on ramp and

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Speaker 2: off ramp. But that's part of the fun for me.

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Speaker 2: We'll see how it handles in the winter. I probably

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Speaker 2: will be keeping in the garage when it snows.

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Speaker 3: But it's just are you driving that in the city.

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Speaker 2: I have driven into the city a couple of times. Wow?

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Speaker 3: Any any looks?

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Speaker 2: Uh? You know it's kind of a you're kind of

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Speaker 2: a badass when you're driving this car. I think people

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Speaker 2: are afraid of the kind of dudes who drive this car.

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Speaker 2: In fact, I was getting personalized placed yesterday and I

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Speaker 2: thought of getting Girl Dad because I have a daughter

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Speaker 2: and I have another daughter. But then I thought I

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Speaker 2: shouldn't get that because if I get into a road

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Speaker 2: rage fight with somebody and then they see my license late,

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Speaker 2: says girl Dad. You know, no one will take me seriously.

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Speaker 3: How are you on the horn?

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Speaker 2: Are you?

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Speaker 3: Are you someone who honks? Honker? Yes, a lot, I'm

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Speaker 3: a big honker.

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Speaker 1: I do think it's a safety device more than anything.

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Speaker 1: I'm just talking, just talking to you.

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Speaker 3: Yes, you know.

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Speaker 2: When I'm on the horn, I'm just making a statement,

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Speaker 2: and I hope people, yeah, outside of my car understand

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Speaker 2: what I'm saying. You know, go at that right turn quickly, please.

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Speaker 3: That's right. You know, that's right. I prefer the horn

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Speaker 3: to a hand gesture. I'm not a real gestory person.

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Speaker 2: I like a horn. All right. That's going to do it.

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Speaker 2: For our first episode of Hot Pursuit, I'm Matt Miller.

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Speaker 2: You can catch me on Bloomberg Radio weekdays from ten

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Speaker 2: am to one pm. I'm on Bloomberg Television weekdays from

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Speaker 2: one pm to two pm. My Instagram is Matt Miller

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Speaker 2: nineteen seventy three, and you can always catch my weekly

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Speaker 2: car segments. What Matt Miller driving this week on YouTube.

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Speaker 3: And I'm Hannah Elliott.

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Speaker 1: You can find my writing on Bloomberg Pursuits, which is

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Speaker 1: on Bloomberg dot com.

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Speaker 3: You can also find me on x.

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Speaker 1: Poor really known as Twitter at Hannah Elliott. That's two

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Speaker 1: l's and two t's. I like to have everything. And

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Speaker 1: then of course on Instagram. I'm definitely not putting my

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Speaker 1: birth year on my Instagram account like Matt. It's just

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Speaker 1: Hannah Elliott XO, keep it very simple. Two l's, two teas,

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Speaker 1: and you can find me yeah, on Bloomberg dot com

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Speaker 1: Slash Pursuits.

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Speaker 2: All right, join us again next week for another episode

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Speaker 2: of Hot Pursuit, same time, same place.

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Speaker 3: I'm Matt Miliker and I'm Hannah Elliott, and this is

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Speaker 3: Bloomberg