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Introducing: Bloomberg Hot Pursuit! · Bloomberg Intelligence

• 0:00
  Speaker 1: Hey, this is Matt Miller.
• 0:01
  Speaker 2: You listen to me every day, I hope on the
• 0:04
  Speaker 2: Tape podcast with Paul Sweeney. I've got a new podcast though,
• 0:08
  Speaker 2: that I'm running alongside the Tape with my friend Hannah Elliott.
• 0:12
  Speaker 1: She's the car reviewer from Bloomberg Pursuits.
• 0:14
  Speaker 2: We call it Hot Pursuit, and we tell you everything
• 0:17
  Speaker 2: you need to know or want to know about new cars,
• 0:20
  Speaker 2: about the automotive industry, about car events. I'm gonna drop
• 0:24
  Speaker 2: a little sample from the Hot Pursuit podcast here.
• 0:28
  Speaker 1: Take a listen.
• 0:29
  Speaker 2: If you like it, go to the Hot Pursuit page
• 0:32
  Speaker 2: and subscribe. You can find it on Apple, on Spotify,
• 0:36
  Speaker 2: or anywhere you get your podcasts.
• 0:40
  Speaker 1: I'm Matt Miller.
• 0:41
  Speaker 3: And I'm Hannah Elliott and this is Hot Pursuit.
• 0:51
  Speaker 1: Welcome the podcast.
• 0:53
  Speaker 2: Coming up today, We've got a lot about Formula one
• 0:57
  Speaker 2: if you care about the racing as well as the event.
• 1:00
  Speaker 1: Plus we're gonna talk about four.
• 1:02
  Speaker 2: There's a really cool Bronco thing that Hannah heard about,
• 1:05
  Speaker 2: and they're scaling back a little bit on their electric
• 1:09
  Speaker 2: vehicle production, so maybe that's an issue that touches the
• 1:12
  Speaker 2: strike and politics. Finally, Hannah actually drove the XM. She's
• 1:18
  Speaker 2: written down her thoughts and she'll tell them to me.
• 1:21
  Speaker 2: I have a much cheaper, but I think better alternative
• 1:24
  Speaker 2: in the Dodge Durango.
• 1:26
  Speaker 1: Hellcat this week.
• 1:28
  Speaker 2: All right, So Hannah, let's start with Formula one. It's
• 1:31
  Speaker 2: not just about the racing, it's about the circus. And
• 1:35
  Speaker 2: now it's in like a circus town, so there could
• 1:40
  Speaker 2: be some real what do you call that when you
• 1:43
  Speaker 2: two things come together and they get multiplied synchronicity.
• 1:46
  Speaker 3: I don't know.
• 1:47
  Speaker 2: I'm fascinated to know what it's gonna be like when
• 1:49
  Speaker 2: it goes to Las Vegas, which is already off the hook.
• 1:52
  Speaker 3: You're right, it's kind of like it's gonna be greater
• 1:54
  Speaker 3: than the sum of its parts, like two plus two
• 1:56
  Speaker 3: equals five. Possibly because, like you say, this is the
• 2:01
  Speaker 3: circus capital of the country. It even has a hotel
• 2:04
  Speaker 3: called Circus Circus. And I started getting pitches and notes
• 2:10
  Speaker 3: about this Grand Prix race like in early summer, like
• 2:15
  Speaker 3: May June. So the hype for this has been unparalleled,
• 2:19
  Speaker 3: even higher than that of Miami or Austin. It's a
• 2:24
  Speaker 3: big deal. Let's just say upfront that you know, Max
• 2:27
  Speaker 3: Verstappen has already clinched the title. We already know Red
• 2:30
  Speaker 3: Bull has won the constructors championship. So the race, the race,
• 2:35
  Speaker 3: while it still will be exciting, is even sort of
• 2:37
  Speaker 3: more beside the point than usual because we already know
• 2:40
  Speaker 3: how the season ends. To that effect, everything else happening
• 2:45
  Speaker 3: in Las Vegas is going to be wild. I'm looking
• 2:49
  Speaker 3: forward to going, and I'm also slightly terrified.
• 2:52
  Speaker 2: So in terms of like exciting, is Formula One do
• 2:56
  Speaker 2: you get like amazing outcomes you would never have expected.
• 3:01
  Speaker 2: Is it possible for somebody in like a satellite team
• 3:03
  Speaker 2: to all of a sudden start winning and take over.
• 3:08
  Speaker 1: Is there a lot of passing?
• 3:09
  Speaker 2: Because when I stopped watching it, it was because there
• 3:11
  Speaker 2: was a lack of all of those things.
• 3:13
  Speaker 3: Yeah, I'm not gonna argue with you on that. Unfortunately,
• 3:17
  Speaker 3: you know, Max Verstappin has won the last sixteen races.
• 3:21
  Speaker 3: He's pretty solid and predictable, and that's wonderful for him,
• 3:25
  Speaker 3: but less exciting for racing fans. Sergio Perez, of course,
• 3:29
  Speaker 3: is has been doing pretty okay. He's i think number
• 3:33
  Speaker 3: two in the standings right now, but he did actually
• 3:36
  Speaker 3: crash out at the Mexican Grand Prix this past weekend,
• 3:40
  Speaker 3: So I guess you could call that sort of exciting.
• 3:44
  Speaker 3: Thank god he's he was unhurt. But to your point,
• 3:48
  Speaker 3: the leaders are the leaders. Lewis Hamilton has actually been
• 3:51
  Speaker 3: kind of putting on a surge. You know, he's the
• 3:53
  Speaker 3: biggest superstar in the world right now when it comes
• 3:55
  Speaker 3: to Formula racing, and he has been for years, despite
• 3:58
  Speaker 3: the fact that you know, this year he hasn't been
• 4:02
  Speaker 3: racing as as well as he has in past years,
• 4:06
  Speaker 3: and I think that has a lot to do with
• 4:08
  Speaker 3: the car that he's driving. So to answer your question, no,
• 4:13
  Speaker 3: it's it's honestly pretty predictable. I think the races still
• 4:16
  Speaker 3: are fun to watch, but American viewers, honestly, they do
• 4:21
  Speaker 3: have a point when they say, you know what you're
• 4:23
  Speaker 3: gonna get, even at the start of the race.
• 4:25
  Speaker 2: I mean, so I would recommend people watch Moto GP,
• 4:29
  Speaker 2: which is, in my opinion, you know, a lot more fun.
• 4:31
  Speaker 2: There's a lot more passing, you have a lot more
• 4:34
  Speaker 2: drama in the actual race rather than you know, drama
• 4:38
  Speaker 2: off the circuit, which I guess is what Formula one
• 4:40
  Speaker 2: is more about.
• 4:41
  Speaker 3: But oh, that's shady, that's very shady.
• 4:43
  Speaker 2: It's true though, right I mean, it's more about the
• 4:45
  Speaker 2: soap opera and oh well.
• 4:48
  Speaker 3: I think Total Wolf would disagree with you, but.
• 4:50
  Speaker 2: He is like number one promoter of the soap opera,
• 4:54
  Speaker 2: Toto and Christian Horner.
• 4:56
  Speaker 1: What are we gonna see around Formula one?
• 4:58
  Speaker 3: Like?
• 4:59
  Speaker 2: Are there gonna be people getting like five hundred thousand
• 5:02
  Speaker 2: dollars dinner reservations?
• 5:04
  Speaker 1: That's usually the story.
• 5:06
  Speaker 3: There's so much happening. The number one thing I'm actually
• 5:09
  Speaker 3: really excited to see is this sphere. It's this giant
• 5:13
  Speaker 3: orb that we've all been hearing about. That's a concert
• 5:16
  Speaker 3: space that you two has been performing at for the
• 5:19
  Speaker 3: past few weeks. It's a two point three billion dollar
• 5:24
  Speaker 3: arena with almost eighteen thousand seats, you know, owned by
• 5:29
  Speaker 3: James Dolan, who, of course New Yorkers will know owns
• 5:32
  Speaker 3: Madison Square Garden and a few other sports sporting teams
• 5:36
  Speaker 3: that I'm not gonna mention, but he's a polarizing figure
• 5:41
  Speaker 3: and this has really been a huge project. So during
• 5:46
  Speaker 3: Formula one, you don't actually have to watch you two
• 5:49
  Speaker 3: if you don't want to have the spirit. There are
• 5:50
  Speaker 3: other people performing there like Kylie Minou, Mark Ronson, Nile Rogers,
• 5:56
  Speaker 3: j Balvin. There's a host of people performing there, so
• 5:59
  Speaker 3: that's kind of like for me, I would love to
• 6:02
  Speaker 3: see a concert there. I just think it's gonna be
• 6:04
  Speaker 3: so cool.
• 6:05
  Speaker 2: Yeah, I cannot wait to see the sphere. I don't
• 6:07
  Speaker 2: even care if there's a concert there. I just want
• 6:09
  Speaker 2: to see what it looks like in real life if
• 6:12
  Speaker 2: I do see. I think it's interesting that Dolan said
• 6:15
  Speaker 2: he wants to make this the future and he's building
• 6:18
  Speaker 2: it for generations to come, and he puts the oldest
• 6:21
  Speaker 2: people he can think of on the stage, like, ye,
• 6:23
  Speaker 2: is there anyone older than you two? Like maybe Kylie Minogue.
• 6:27
  Speaker 2: So interesting stuff. All right, Let's get to Ford because
• 6:33
  Speaker 2: you have found out about a Bronco event that I
• 6:35
  Speaker 2: think is pretty interesting. And also, you know they just
• 6:39
  Speaker 2: finished the strike, so they're gonna be building Broncos again.
• 6:42
  Speaker 1: There's a lot going on surrounding the Big Blue Oval.
• 6:45
  Speaker 3: Yeah. So this experience that Bronco is opening up to
• 6:49
  Speaker 3: everybody and early November is called the Bronco Off Rodeo
• 6:53
  Speaker 3: Experience spelled road like the road, and it's basically it
• 7:00
  Speaker 3: was a nice perk that Ford gave people who bought
• 7:04
  Speaker 3: a new Bronco, which was a day of training, off
• 7:08
  Speaker 3: road training and one of four locations from Moab to
• 7:12
  Speaker 3: a place in Texas to outside Nevada, and there's one
• 7:15
  Speaker 3: in New Hampshire as well, and it was this complimentary
• 7:18
  Speaker 3: day of off road training, learning how to use the technology,
• 7:22
  Speaker 3: some safety courses, et cetera. So now Ford has, I
• 7:26
  Speaker 3: think wisely realized that other people might like to do
• 7:28
  Speaker 3: this too, and they have. They're going to open up
• 7:32
  Speaker 3: some reservations November second. It's going to cost a little
• 7:37
  Speaker 3: under eight hundred dollars for a half day of the
• 7:40
  Speaker 3: same type of instruction. It sounds a little expensive to me,
• 7:44
  Speaker 3: but the good thing is you don't even have to
• 7:45
  Speaker 3: bring your own car. They will provide the vehicle for you.
• 7:49
  Speaker 3: And that does include space for four people in the vehicle.
• 7:55
  Speaker 3: So when you break it out like right, and you
• 7:57
  Speaker 3: can switch drivers. So when you break it out like that,
• 8:00
  Speaker 3: it's kind of cool. Yeah, I think it sounds fun.
• 8:04
  Speaker 3: It's a good a good idea for them.
• 8:05
  Speaker 1: It doesn't sound too expensive to me.
• 8:07
  Speaker 2: I mean, I do a lot of track days, motorcycle
• 8:10
  Speaker 2: track days, and they're very inexpensive. If you bring your
• 8:14
  Speaker 2: own bike, if you want to use you know, the
• 8:17
  Speaker 2: manufacturer's bike or you know, the the event organizers bikes.
• 8:21
  Speaker 2: Then it's much more expensive because you know you're highly
• 8:24
  Speaker 2: likely to wreck it, and I guess the same thing
• 8:26
  Speaker 2: would be true with with off roading. I love the
• 8:29
  Speaker 2: Bronco and I think we've talked about this before. To me,
• 8:33
  Speaker 2: the design is just they nailed it. Yeah, And I
• 8:36
  Speaker 2: don't even hate the V six. You know, traditionally I
• 8:40
  Speaker 2: don't love the eco boost engines, but for some reason
• 8:42
  Speaker 2: I love the two point seven leader in the Bronco.
• 8:46
  Speaker 2: In terms of ford they have gone so whole hog
• 8:50
  Speaker 2: like against the V eight for the most part. Right,
• 8:52
  Speaker 2: they stopped making their big V eights and the Raptor,
• 8:55
  Speaker 2: and they put a an eco boost in it, and
• 8:58
  Speaker 2: they were going so forward into EVS that it was
• 9:02
  Speaker 2: costing them three billion dollars this year. Then they updated
• 9:06
  Speaker 2: those loss figures to say it was going to cost
• 9:08
  Speaker 2: them for and a half billion dollars just this year.
• 9:11
  Speaker 2: And now it seems like the demand for evs isn't there,
• 9:15
  Speaker 2: at least not at the level that they that everyone
• 9:18
  Speaker 2: thought it was going to be. So they're shifting back
• 9:21
  Speaker 2: towards more hybrid vehicles, which I think is the way
• 9:24
  Speaker 2: forward anyway. But Bill Ford also pointed out EV's are
• 9:28
  Speaker 2: getting truly politicized. It's almost like vaccine.
• 9:32
  Speaker 3: Yeah, it's really interesting. I was looking at some data
• 9:35
  Speaker 3: from Bloomberg Hyperdrive, which really focuses on electric vehicles, and
• 9:40
  Speaker 3: it made the point that this year EV's in the
• 9:45
  Speaker 3: US will comprise about ten percent of new car sales.
• 9:51
  Speaker 3: But ten states have already surpassed that benchmark, and all
• 9:55
  Speaker 3: of those ten states are Democratic states. So I think
• 9:59
  Speaker 3: that's really interesting exactly. I also, you know, it is
• 10:05
  Speaker 3: true that the Republican Party does tend to want to
• 10:09
  Speaker 3: repeal ev incentives. Contrastingly, Biden has said that he'd liked
• 10:14
  Speaker 3: half of all new vehicle sales to be electric by
• 10:17
  Speaker 3: the end of the decade, which I think seems a
• 10:19
  Speaker 3: bit optimistic.
• 10:20
  Speaker 2: So I and that's hard to square with wanting people
• 10:23
  Speaker 2: to keep their jobs. Well, yes, it just far fewer
• 10:27
  Speaker 2: people to build an electric drive train than it does
• 10:29
  Speaker 2: to build an ic email, of.
• 10:31
  Speaker 3: Course, and that that was a real sticking point with
• 10:34
  Speaker 3: some of the strikes that we've seen at Ford. And
• 10:37
  Speaker 3: now that Ford has agreed to a twenty five percent
• 10:40
  Speaker 3: increase in wages, it's going to make it even more
• 10:43
  Speaker 3: difficult for that company to eke out some profits. And
• 10:47
  Speaker 3: I was going to say, you know, the other thing
• 10:48
  Speaker 3: I think about this though, is yes, EV's are political,
• 10:53
  Speaker 3: but also I don't think the automakers like Ford and
• 10:57
  Speaker 3: General Motors can just rely on that as an excuse
• 11:00
  Speaker 3: for not making evs, because the truth is electrifying big
• 11:04
  Speaker 3: pickup trucks is very difficult. They're very big, they weigh
• 11:09
  Speaker 3: a ton, and to keep those prices competitive. It's honestly,
• 11:14
  Speaker 3: I think it's they're finding it's very difficult. They're having
• 11:17
  Speaker 3: supply chain issues as well.
• 11:19
  Speaker 1: Good point.
• 11:19
  Speaker 3: So it's yes, they are political, and yes it's fair
• 11:23
  Speaker 3: to say that some people may not want an electric vehicle,
• 11:28
  Speaker 3: but I don't think that's the only reason that they're
• 11:31
  Speaker 3: walking back their target.
• 11:32
  Speaker 2: But they're using this as an excuse, like when retailer
• 11:35
  Speaker 2: says we didn't sell enough jackets because of the weather.
• 11:38
  Speaker 3: Yeah, yeah, a little bit.
• 11:40
  Speaker 1: It's a little bit tired. I think it's interesting.
• 11:43
  Speaker 2: I spent a lot of time on forums, you know,
• 11:46
  Speaker 2: car forums like Beamer Post and Challenger Talk and Docotti
• 11:50
  Speaker 2: dot ms and stuff. All of the ic old guys
• 11:54
  Speaker 2: are so against evs. It almost does feel like a
• 11:57
  Speaker 2: vaccine thing, Like they're starting to accuse evs of being
• 12:01
  Speaker 2: planted by Bill Gates or listening to what you do
• 12:05
  Speaker 2: after work, and I think that's a load of bs. Well,
• 12:08
  Speaker 2: we have to all be able to agree that it's
• 12:12
  Speaker 2: a great propulsion system to get you from A to
• 12:14
  Speaker 2: B works really well and if you want to go fast,
• 12:18
  Speaker 2: EV's really are an incredibly efficient way to do that. Now,
• 12:22
  Speaker 2: on the other hand, I feel like the infrastructure is
• 12:25
  Speaker 2: not there yet, and we are going to have to
• 12:29
  Speaker 2: pay a lot, as you know, a country if we
• 12:32
  Speaker 2: want to get to a competitive position with other countries
• 12:35
  Speaker 2: like China. So if that's important to us, you know,
• 12:37
  Speaker 2: maybe we take that on as a goal. If it's not,
• 12:40
  Speaker 2: I think hybrids are are a really good way.
• 12:42
  Speaker 3: Or you love your hybrids. I mean I really was
• 12:44
  Speaker 3: thinking about that last week, your love for hybrids, because
• 12:47
  Speaker 3: I think just they're like a bit of a band aid.
• 12:50
  Speaker 3: But you did make a good point that if you
• 12:52
  Speaker 3: really keep it charged, it could be worth.
• 12:54
  Speaker 2: It, yeah, because you know, you can just drive around
• 12:57
  Speaker 2: town doing your little errands that for which you use
• 13:00
  Speaker 2: the car most often on ev power, and then when
• 13:04
  Speaker 2: you're going on a long trip you can stretch out
• 13:05
  Speaker 2: your legs with the gas engine. I mean, obviously they
• 13:08
  Speaker 2: are going to be good hybrids and bad hybrids. Sure.
• 13:11
  Speaker 1: I just think if you go full.
• 13:12
  Speaker 2: B EV, there just aren't a lot of people who
• 13:14
  Speaker 2: want one, and almost no one can afford one. So
• 13:19
  Speaker 2: I know that we want to be competitive and we
• 13:20
  Speaker 2: need to keep our eye on that ball as well.
• 13:22
  Speaker 2: But it's an interesting topic, it's an interesting debate. Let's
• 13:33
  Speaker 2: get to speaking of hybrids. Number three on my list
• 13:36
  Speaker 2: of things to talk about today. That's the BMWXM. We
• 13:39
  Speaker 2: touched on it last time, but you hadn't really spent
• 13:41
  Speaker 2: a lot of time with it, and I really want
• 13:43
  Speaker 2: to know, you know, beyond the ugly headliner, which I
• 13:47
  Speaker 2: think we can all agree on, what the hell are
• 13:49
  Speaker 2: they thinking?
• 13:50
  Speaker 1: What do you think about the XM.
• 13:52
  Speaker 3: I think it is very Obviously it's very powerful. This
• 13:56
  Speaker 3: is the most powerful sub we've had from BMW. It
• 14:01
  Speaker 3: does have a lot of space. It's longer than the
• 14:05
  Speaker 3: g Wagon, it's wider than an Audi Q eight. It
• 14:09
  Speaker 3: does offer a lot of space for those of us
• 14:12
  Speaker 3: who are taller. I do love that curved screen on
• 14:17
  Speaker 3: the dashboard that is basically two twelve inch screens under
• 14:21
  Speaker 3: a single pane of glass. It's very beautiful. It does
• 14:23
  Speaker 3: resist sticky fingers, and Claire and I did eat some
• 14:26
  Speaker 3: cheetohs and you know, do my best on those. So
• 14:29
  Speaker 3: those are those are some nice points. I still think
• 14:34
  Speaker 3: that it just it drives in an unsophisticated manner. You know.
• 14:40
  Speaker 3: It's it's incredibly jerky. I know. I think if they
• 14:44
  Speaker 3: had had perhaps an air suspension instead of a coil setup,
• 14:49
  Speaker 3: that might have helped a little bit. I'm not an engineer,
• 14:52
  Speaker 3: but I at least know that, uh, that might have helped.
• 14:55
  Speaker 3: It just feels unsophisticated to drive. The steering is not elegant.
• 15:01
  Speaker 3: I don't know, matt Am I head I totally agree.
• 15:03
  Speaker 1: With everything you're saying.
• 15:04
  Speaker 2: As soon as I drove it out of the garage
• 15:07
  Speaker 2: and Chelsea, when I spend a week with it, I thought,
• 15:10
  Speaker 2: I can't believe. This feels like they haven't finished it. It
• 15:13
  Speaker 2: feels like a pre question vehicle. Yes, you know, and
• 15:17
  Speaker 2: I thought maybe they rushed to get it out, but
• 15:19
  Speaker 2: why because I hadn't hadn't really heard much about it,
• 15:23
  Speaker 2: you know, in sort of mainstream media.
• 15:25
  Speaker 1: It is a jerky.
• 15:27
  Speaker 2: I think the transmission has all kinds of issues, which
• 15:30
  Speaker 2: a lot of these, you know, a lot of these hybrids.
• 15:32
  Speaker 1: That's really a down.
• 15:33
  Speaker 2: Uh, that's really a minus point for some of the hybrids,
• 15:36
  Speaker 2: like the Jeep four by E.
• 15:38
  Speaker 1: It has the same tests.
• 15:39
  Speaker 3: And by the way, I when people saw on social
• 15:42
  Speaker 3: media that I was driving this, I got unsolicited multiple
• 15:45
  Speaker 3: people already riding in saying they were having issues with it,
• 15:49
  Speaker 3: which is not a good thing because it hasn't been
• 15:51
  Speaker 3: out that long either.
• 15:52
  Speaker 2: Yeah, I know, I agree with all those points. I
• 15:54
  Speaker 2: think it's cool in terms of design, but a lot
• 15:57
  Speaker 2: of people obviously hate it.
• 15:58
  Speaker 3: Yeah.
• 15:58
  Speaker 2: I like the throwback ms that they put on are
• 16:02
  Speaker 2: the BMW logos that they put on each corner of
• 16:06
  Speaker 2: the windshield in the back.
• 16:08
  Speaker 1: I like it so big because I'm so big, you know.
• 16:12
  Speaker 3: I think you use the term brutalist last week, which
• 16:15
  Speaker 3: I thought was very charitable of you. I really tried
• 16:18
  Speaker 3: to keep that in mind when I looked at it.
• 16:22
  Speaker 3: I think it might be a touch heavy handed in general,
• 16:26
  Speaker 3: but brutalist is a nice way to put it.
• 16:28
  Speaker 1: Yeah, I could see that, you know.
• 16:30
  Speaker 3: I will say also about the XM, and I really
• 16:33
  Speaker 3: don't know why, but somehow it's designed where it's really
• 16:37
  Speaker 3: difficult to sense where in space you are when you
• 16:40
  Speaker 3: park it. I don't know if you experienced that too,
• 16:43
  Speaker 3: And I don't think it's just a function of the
• 16:45
  Speaker 3: size or my inability to park, because I think park
• 16:49
  Speaker 3: other big things. There's something about it that I would
• 16:52
  Speaker 3: pull into the curb thinking I'm very close and I've
• 16:54
  Speaker 3: still got, like you know, twelve or sixteen inches I
• 16:57
  Speaker 3: got in and out of it.
• 16:58
  Speaker 2: I will admit that that's a problem I have in
• 17:00
  Speaker 2: any car, like I have that problem in Mini Cooper.
• 17:03
  Speaker 2: I'm horrible at parking, which is why I'm so happy
• 17:06
  Speaker 2: to be back in America, in Westchester, where you could
• 17:10
  Speaker 2: put a dump truck in the parking spaces that we
• 17:13
  Speaker 2: have compared.
• 17:14
  Speaker 1: To what I lived with in Germany for years and years.
• 17:17
  Speaker 2: I'm not good at parking, yeah, but so I didn't
• 17:20
  Speaker 2: really notice that because I'm bad at it.
• 17:21
  Speaker 1: With everything. I will say that this.
• 17:24
  Speaker 2: Week, I'm driving a truck that I think no one
• 17:28
  Speaker 2: is cross shopping with, the BMWXM. But it's so much
• 17:31
  Speaker 2: better and for so much less, even though I'm driving
• 17:35
  Speaker 2: the Dodge Durango Hellcat. Right, it's a three row kind
• 17:41
  Speaker 2: of grocery getter. It's a dad car, you know, but
• 17:45
  Speaker 2: it's got one of the greatest power plants ever invented
• 17:50
  Speaker 2: in front of it, Like the Supercharge six point two
• 17:53
  Speaker 2: liter V eight from Dodge is just a slice of heaven.
• 17:58
  Speaker 2: I mean, there's so many things I don't really like
• 18:01
  Speaker 2: about the Durrango. It's not terribly comfortable, the seats are
• 18:04
  Speaker 2: much smaller than in like the Challenger or the Charger.
• 18:09
  Speaker 1: You know, I don't love the layout of the gauges.
• 18:13
  Speaker 2: And even though the entfotainment system's okay, it's not anything
• 18:16
  Speaker 2: to write home about. But even if I disliked more
• 18:21
  Speaker 2: things about the Challenger, the engine outweighs all of those concerns,
• 18:26
  Speaker 2: Like it's just so effortless when you touch the pedal,
• 18:30
  Speaker 2: and it's addictive.
• 18:31
  Speaker 1: I mean, the way the power comes on.
• 18:34
  Speaker 2: Is just intoxicating. And it's I think, so much better
• 18:39
  Speaker 2: than the Challenger or the Charger hell Cat because it's
• 18:43
  Speaker 2: got all wheel drive, right that motor. With just rear
• 18:47
  Speaker 2: wheel drive, you're spinning your tires all day long. But
• 18:50
  Speaker 2: when you put a four wheel drive system on it,
• 18:52
  Speaker 2: it's just unbelievably good. So and it's expensive for a Durrango, right,
• 19:00
  Speaker 2: like ninety thousand dollars out of the box, but and
• 19:04
  Speaker 2: over one hundred the one I'm driving. But it's nothing
• 19:06
  Speaker 2: near the one hundred and fifty six. I think the
• 19:08
  Speaker 2: bmwxim starts for one fifty six, starts.
• 19:11
  Speaker 3: There and goes up from there. And I'm curious now
• 19:15
  Speaker 3: because I see that this is climbing seven hundred and
• 19:18
  Speaker 3: ten horsepower on this Dodge, which is more than the BMW. Yes,
• 19:22
  Speaker 3: so that I mean, okay, I'd like to get behind
• 19:25
  Speaker 3: the wheel.
• 19:25
  Speaker 2: It's just one sounds cool. It's one more reason that
• 19:28
  Speaker 2: BMW missed the mark. Yeah, well why say it's our
• 19:31
  Speaker 2: most powerful car ever? And talking right about the power
• 19:34
  Speaker 2: when you detuned the motor, you know, why not go
• 19:39
  Speaker 2: over seven hundred which seems to be the level that
• 19:42
  Speaker 2: you know, that's the raptor TRX level. And I feel
• 19:44
  Speaker 2: like they could have done that. Every time I see
• 19:46
  Speaker 2: a super expensive foreign car now on the road and
• 19:49
  Speaker 2: I'm driving this Durango, I'm like, yes, American superchargers.
• 19:53
  Speaker 3: Well, I should say, in BMW's defense, they are coming
• 19:56
  Speaker 3: out with a special XM label version that they say
• 20:00
  Speaker 3: they'll be delivering in November and we'll have over seven
• 20:03
  Speaker 3: hundred horsepower, and of course that starts at about one
• 20:06
  Speaker 3: hundred and ninety thousand. Wow, So there's so maybe they
• 20:10
  Speaker 3: sort of, you know, they should have launched that suitor,
• 20:13
  Speaker 3: so we'd be talking about that because that seems quite
• 20:15
  Speaker 3: a lot.
• 20:16
  Speaker 2: That's also the supercharger in the Durango makes me wonder
• 20:20
  Speaker 2: about the turbos and BMW and pretty much every other car,
• 20:24
  Speaker 2: especially European. Why do you think they all European and
• 20:27
  Speaker 2: Japanese went turbos and Americans stuck to superchargers, Like why
• 20:31
  Speaker 2: would you not want the power low down from a supercharger.
• 20:35
  Speaker 2: I feel like it's the best way to force induction.
• 20:37
  Speaker 3: I think that's a case of straight roads versus curby roads.
• 20:42
  Speaker 3: And when you're on I know this, when you're on curves,
• 20:47
  Speaker 3: you can really really utilize the turbo boost and it
• 20:51
  Speaker 3: feels incredible when you're driving, like up in the hills
• 20:54
  Speaker 3: up Angelee's Cress, if you really know how to use
• 20:56
  Speaker 3: it well. And I've driven and been with driver who
• 21:01
  Speaker 3: use it incredibly to their advantage and it's amazing. And
• 21:04
  Speaker 3: I don't know if you would get the same feel
• 21:07
  Speaker 3: from a supercharger. I tend to think American cars were
• 21:12
  Speaker 3: based on straight, open highways and European and Asian cars
• 21:17
  Speaker 3: were based on you know, tighter, smaller, curvier roads.
• 21:20
  Speaker 1: You're probably right, that's my theory. The turbo chargers.
• 21:22
  Speaker 2: Maybe there's more sophistication there, and maybe there's a learning curve,
• 21:26
  Speaker 2: Like Americans just want to get into a supercharged truck
• 21:29
  Speaker 2: and be able to stomp the pedal, and we care
• 21:31
  Speaker 2: about the quarter mile. That's why the nine point thirty
• 21:35
  Speaker 2: was like the widow Maker. When any American got behind
• 21:37
  Speaker 2: the wheel right, they wreck, which.
• 21:38
  Speaker 3: I think is a total, total misnomer. That to me
• 21:43
  Speaker 3: was a case of wealthy men getting behind the wheel
• 21:46
  Speaker 3: not understanding how to drive that thing properly. Because when
• 21:50
  Speaker 3: driven properly, it's a beautiful car. You just need to
• 21:53
  Speaker 3: know what you're dealing with. That's my soapbox.
• 21:56
  Speaker 1: You're probably right, by the way. I don't know. This
• 21:58
  Speaker 1: wasn't listed as a topic, but I saw my first
• 22:00
  Speaker 1: wreck this morning.
• 22:00
  Speaker 3: And I was, oh, no, tell you what.
• 22:02
  Speaker 2: I always missed them, and it makes me so mad
• 22:05
  Speaker 2: when I see someone pulled over off the Henry Hudson.
• 22:07
  Speaker 2: But today I was trying to execute what we call
• 22:10
  Speaker 2: the Jersey Jump, which is, you know, everybody's like in
• 22:13
  Speaker 2: the right lane for an exit, and I sneak up
• 22:17
  Speaker 2: me and everybody from New Jersey and iro y right.
• 22:19
  Speaker 2: We sneak up on the left and then cut in
• 22:21
  Speaker 2: at the very last minute, making the people in the
• 22:24
  Speaker 2: right lane have it wait longer. So I'm trying to
• 22:26
  Speaker 2: execute that move, and there's a guy in like alexis
• 22:29
  Speaker 2: two point fifty next to me, and he's left a gap,
• 22:33
  Speaker 2: so I'm going to go in there right in between
• 22:35
  Speaker 2: him and the Cherokee in front of me. But he
• 22:37
  Speaker 2: sees that I'm trying to take it and he puts
• 22:40
  Speaker 2: his foot on the gas. I pulled back to the right,
• 22:42
  Speaker 2: like okay, buddy, I see you're not gonna let me in.
• 22:44
  Speaker 2: But he acceleeried so hard he slams into the grand
• 22:47
  Speaker 2: Cherokee in front of him.
• 22:48
  Speaker 3: No, And I was like, yes, oh that's wonderful. Not
• 22:52
  Speaker 3: your fault, not your fault. No, no, I mean no
• 22:54
  Speaker 3: that Nope. Did they get out of the car.
• 22:57
  Speaker 2: The jeep pulled over to like stop and talk exchange information,
• 23:02
  Speaker 2: and the guy in the Lexus was like either so
• 23:03
  Speaker 2: angry or so embarrassed or both that he just kept
• 23:06
  Speaker 2: driving and like took off.
• 23:08
  Speaker 1: But don't worry. I took down his plate number and
• 23:10
  Speaker 1: sayone needs Do.
• 23:11
  Speaker 3: You want to read it, read it online or read
• 23:13
  Speaker 3: it out?
• 23:14
  Speaker 1: Just waiting for someone to call me to be a witness.
• 23:16
  Speaker 2: Yeah, I think that's probably enough for the podcast, right,
• 23:20
  Speaker 2: we can wrap it up.
• 23:21
  Speaker 1: Do you have anything cool coming up?
• 23:22
  Speaker 3: You know what I'm doing tonight. I'm gonna go see
• 23:24
  Speaker 3: Guns and Roses at Hollywood Ball. I've never I've literally
• 23:28
  Speaker 3: never seen them. My expectations are not high. And I
• 23:33
  Speaker 3: don't mean that in a shady way. I just mean
• 23:35
  Speaker 3: I've I know, I've never seen him, and I know
• 23:37
  Speaker 3: they're getting to be.
• 23:38
  Speaker 2: Elderly, yeah, dude. And also the singing that he does
• 23:41
  Speaker 2: is hard. Yeah, that's not easy on vocal cords, you know.
• 23:44
  Speaker 1: Yeah.
• 23:44
  Speaker 3: Black Keys are opening for them, though, so that should
• 23:46
  Speaker 3: be fun.
• 23:47
  Speaker 2: I have seen GNR three times, okay, like once a decade,
• 23:51
  Speaker 2: for the past thirty years, and I'd say that the
• 23:55
  Speaker 2: first and the third time we're the best.
• 23:57
  Speaker 1: I think.
• 23:58
  Speaker 2: Okay, actual, like on a good he'll impress you, but
• 24:01
  Speaker 2: keep your expectations low, so that's okay, so that you
• 24:03
  Speaker 2: can beat it.
• 24:04
  Speaker 3: I will give you a full report.
• 24:09
  Speaker 1: That does it for the podcast this week.
• 24:11
  Speaker 2: I want listeners to know you can tune into my
• 24:14
  Speaker 2: radio show every weekday from ten am to one pm.
• 24:18
  Speaker 2: You can watch me on Bloomberg TV from one pm
• 24:20
  Speaker 2: to two pm most weekdays as well. And I'm on
• 24:24
  Speaker 2: Instagram at Matt Miller nineteen seventy three, and.
• 24:27
  Speaker 3: You can find me on Bloomberg Pursuits on Bloomberg dot com.
• 24:30
  Speaker 3: Sometimes they go on mass radio so to talk to him.
• 24:32
  Speaker 3: And you can find me online on Instagram at Hannah
• 24:35
  Speaker 3: Elliott XO.
• 24:36
  Speaker 2: We'll be back, same time, same place next week. I'm
• 24:39
  Speaker 2: Matt Miller
• 24:40
  Speaker 3: And I'm Hannah Elliott, and this is Bloomberg