The new Beetle is cute but imperfectly formed.
The new Beetle is cute but imperfectly formed.

Volkswagen Beetle



The Volkswagen Beetle could have gone down in the annals of automotive history as the car of choice for Second World War German army officials. But that potential public relations debacle was somehow averted. Instead of being best known as the car preferred by Adolf Hitler's acolytes, the Beetle was embraced by hippies in the 1960s who used it as a cute, economical way to transport themselves and four friends to the nearest peace rally, protest or happening. The curvy exterior with shoehorn shaped fenders was frequently painted with flowers and peace signs. The rear-mounted engine (about the only thing the old VW Beetle has in common with the new Lamborghini Murcielago) made that distinctive noise that sounded as if the car was run on baked beans rather than petrol. It was a car that seemed to symbolise the freedom and lack of obsession with materialism that was part of the hippie ethos.

But when the freewheeling free love of the 1960s and 1970s was replaced by the flashy capitalism of the 1980s, the humble Beetle wasn't quite so cool any more. The interior was too basic with just a few dials on the dash and the gear stick poking nakedly from the floor without a nice centre console to hide the inner workings. A top speed of 130kph and lack of optional extras didn't signify success in the "greed is good" era in the same way that a brand new red Corvette might. Subsequently, Volkswagen Beetle factories across the globe closed and while Beetles could still be seen lurking around university car parks and The Love Bug continued to be a favourite movie with kids around the world, it was clear the glory days for the old Beetle were over.

Factories started closing down in 1978 and while the Mexican factory in Pueblo stubbornly kept churning out old-style Beetles until 2003, the New Beetle was by then already a reality. First launched at the North American International Motor Show in Detroit in 1994 as a concept car, the production model of the New Beetle was born in 1998 but it seems that the marketing department played a bigger role in the delivery ward than the boffins did.

By 1994, the kids of the hippies were getting their driving licences and surely they'd want to drive something retro-cool. After all, it was around this time that the hip young things thought it was amusing to gad about in John Lennon-style sunglasses even if they had faces the size of dinner plates. There was probably not much point marketing the new Beetle to the original hippies - they were too busy making money, getting divorced and fighting over who'd get custody of the Volvo. But their kids were becoming image-conscious adults with increasingly bigger disposable incomes. Especially with so many of them still living at home, the compulsion for one's first car to be an embarrassing, spluttering rust-bucket had diminished.

The New Beetle has taken some of the styling cues of the Beetle of old - the curves, the round headlights, the small rear window, the very basic dash with just three dials, the panels on the inside of the doors to match the exterior colour, the back seat that requires anyone taller than 5'2" to sit with their knees pressed against their chins are all there. For a brief, panic-stricken moment I thought there was no clock but I finally spotted it just above the rear view mirror. It is about the same size as a stick of chewing gum.

Unlike the Beetle of old, the engine is in the front rather than the back and it just doesn't seem to perform with a whole lot of pep. The automatic model has a sports mode that just seems to burn more fuel and cause over-revving rather than offering any new thrills with the performance. At least there's a six-speed gearbox - more economical and more choice. The best way to have any kind of fun with this car is to knock the gear lever to one side so it can be driven as a sequential manual. This way, you can actually select a gear that is appropriate for the speed rather than leaving it to the whim of an automatic transmission that is flakier than Amy Winehouse's complexion. If the next generation of Beetles incorporated paddle shifters, that would be a huge improvement.

It's a car that attracts squeals of "isn't it cute?", generally from women, and it is very clear that this car is directly aimed at ladies who have a bit of cash to spend on a new car but don't care too much about power or performance. There's even a little vase, which is shaped like a test tube, fitted into the dashboard so you can merrily enjoy a floral arrangement, albeit a single-stemmed one, as you drive along. I'm not entirely sure how pleased I'd be to have some pollen-infested bloom hovering under my nose as I drove - for me, it'd be in the same annoying category as dangly air fresheners, fluffy dice or the utterly inexplicable CDs hanging off the rear view mirror. Besides, how long would a fresh flower last in a parked car in this climate?

Like every Volkswagen on the market today, even the whiny little Polo and the baffling CrossGolf, the new Beetle is a very well-built, well finished car. As long as you give the silly Sports mode a miss, it's very economical on fuel, and easy to park as long as you get used to the driver's seat position which is very much in the middle of the car. It's a perfectly fine little car for nipping around town provided you don't feel too silly driving a car with a vase. Just be aware that it is very hard to command too much respect from your fellow motorists, even if you are 100 per cent in the right. I was openly laughed at when I honked a Toyota Prado driver who idiotically tried to overtake me while I was turning a tight single-lane corner off Al Saada Street.

On the open road, the power's not brilliant and the faster you go, the louder the howls of protest from the engine. It's a car that's designed to look cute, get the driver and the shoe shopping from A to B and while it's more than capable of venturing out of your home emirate for a weekend away, it's hardly likely to blaze a radar-bothering trail of mayhem up the motorway. This isn't necessarily a bad thing - with new drivers having (or being given...) more money than ever to spend on their first car, I'm far happier to see the newly licensed pottering about town in their little Beetles than potent Mustangs or top-heavy 4x4s.

Of course when I was in the market for my first car, the budget was more likely to get me a Beetle of old rather than a brand new Dh68,000 Beetle, but clearly times have changed. Excuse me while I climb back into my big, high 4x4, look down on the kids of today and feel a little bit old. glewis@thenational.ae

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Petrarch: Everywhere a Wanderer
Christopher Celenza,
Reaktion Books

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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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.”