The CLS 63 AMG has a split personality. Andrew Henderson / The National
The CLS 63 AMG has a split personality. Andrew Henderson / The National

Mercedes CLS 63 AMG cracks a nut with a sledgehammer



There was a point, I admit, when driving this latest AMG hot rod, that I failed to see the point of it. Does a car like the CLS actually need to deliver a punch as mighty as this? Of course it doesn't. The fault lies with me - I need to regroup, recalibrate my senses, get to grips with this behemoth. Because it's an absolute brute and normally I fall head over heels in love with cars that drive like this.

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The normal CLS is a fine car, of that there is no doubt. And the ones I've driven so far haven't exactly been slouches - on the contrary, they've been powerful, rapid and refined; a recipe that, if tinkered with, could be a disaster. Yes, I know the looks are a bit odd but the front end, at least, is a success. And the CLS can rightly claim to have reignited our interest in four-door coupés (Mercedes can't lay claim to have invented the segment; even Rover had one - the iconic P5B coupé - in the 1960s) because, in 2004, when the first model broke cover, nobody else was building anything like it. The current model isn't quite as satisfying to look at but then that's only ever part of the story.

This is the AMG one. The hot one. The criminally insane one. The unnecessary one. But, as I remind myself, just because something is unnecessary, that doesn't always make it nonsensical. On the contrary, I enjoy a bit of frivolity now and then. It's just that cars this stupendously quick normally have two doors, two seats and are wildly impractical. I'm still confused. What is this car for?

It's obvious once I've spent another day inside its glorious cabin: its pointlessness is its very point. I need to lighten up, evidently. And I do, every time I squeeze the throttle and 900 (900!) Nm of twist throws me down the road like some gigantic leather-lined catapult. The car I'm driving has been fitted with AMG's "Performance Pack", which boosts power from 525 to 571hp and torque from 700 to 900Nm. Driving this thing on a normal road is definitely like using a sledgehammer to crack a nut, and mainly this is down to the hand-built engine, which is nothing short of a masterpiece.

A bit like BMW these days, seeing a number on the flanks of a Merc doesn't give an accurate indication as to what's under the bonnet. The CLS 63 used to have, you guessed it, a 6.3L naturally aspirated V8. Now there's a 5.5L V8 under the bonnet. But here's the good news: it may have lost 0.8L of cylinder capacity but it gained two turbochargers. Nice. And even the green brigade can take solace in the fact that, as is always the way, the new motor is 25 per cent more economical.

And if you're wondering about longevity, it's worth noting that the engineers responsible for developing this car put in more than a million kilometres behind the wheel to make sure it's as good as it can possibly be.

Normally, big Germanic cars like this are cursed with steering that's as lifeless as a corpse. Not so here. The electro-mechanical set-up is 22 per cent quicker than in the normal CLS and the feedback is extraordinary, while the entire chassis seems to communicate a huge amount of information about the road surface to the driver via the wheel and the seat. Yet, and this is the most amazing thing, it still retains enormous levels of refinement and long distances can be covered without even the merest hint of fatigue setting in.

The car fizzes with a maniacal energy. It rumbles deeply, hinting to pedestrians and anyone sat next to you at the lights that it's not to be messed with.

Acceleration is laugh-out-loud quick. From rest, 100kph is dispatched in just 4.3 seconds and it'll hit the 250kph limiter before you've stopped giggling. It's absolutely mental. But anyone can make a car go fast in a straight line; the real skill is in making a car this quick handle, and this is where those million development kilometres are evident because the CLS 63 feels like it would be as at home on the twists of Yas Marina Circuit as it would be on the endless straights of the E11.

Jekyll and Hyde? Oh yes. Pointless and irrelevant? You bet. But drop the hammer, hold on to that wheel and try to stifle the laughter. After two days I get the point and, while I still couldn't bring myself to actually buy one, I'd fully understand if you yourself did.

The Specs

Price, as tested Dh570,000

Engine 5.5L twin-turbo V8

Gearbox Seven-speed automatic

Power 571hp @ 5750rpm

Torque 900Nm @ 2,500rpm

Fuel economy, combined 9.9L/100km

The Case For Trump

By Victor Davis Hanson
 

MATCH INFO

Manchester City 2 (Mahrez 04', Ake 84')

Leicester City 5 (Vardy 37' pen, 54', 58' pen, Maddison 77', Tielemans 88' pen)

Man of the match: Jamie Vardy (Leicester City)

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”