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Instagram model found dead on Mexican billionaire's yacht in Greece; mysterious death investigated - Fox News

McNamara, who was described as an Instagram model with more than 15,000 followers, had been working on the $140 million yacht for the last four months. The 300-foot yacht is owned by Mexican mining magnate Alberto Bailleres, who is worth an estimated $6.9 billion.

Bailleres was reportedly not in Greece when McNamara died. He had left the yacht on Tuesday and McNamara stayed on the vessel with the crew. It’s unclear what occurred in the next few days leading up to her death.

Authorities have ordered the yacht to remain at the port as the investigation continues.

The model was working on yachts while she traveled through Europe. Her mother, Kylie, was heading to Greece when she was told her daughter died, The Australian reported. McNamara was supposed to travel to the Greek town of Pylos before her death.

“I have unfortunately received the worst news of my life, (Sinead) has passed away,” her brother Jake McNamara told the news outlet.

McNamara was also expected to meet up with her sister Lauren. She wrote about her excitement to see her sister days ago in a birthday post.

“Happy birthday to the most amazing big sister I could ever ask for, 5 days till I get to see you!!! Excitement is an understatement,” McNamara wrote on Instagram.

Source: www.foxnews.com

PolitiFact:Does Joe Manchin have a $700000 luxury yacht? - Charleston Gazette-Mail

According to the Westlawn Institute of Marine Technology, the word “yacht ... connotes elegance and expense.” Boats.com adds, “Just as a cocky walk would never be mistaken for a limping shuffle, yacht attitude is the net result of a combination of factors that are easy to spot as a group but hard to quantify individually.”

There’s no dispute that Manchin has a boat docked in Washington, D.C. Its 40-foot length would generally qualify it as a yacht, but since Manchin lives there when he is in town, it could be just as easily described as a houseboat. The vessel was purchased for much less, but it appears to be insured for $700,000. Whether it qualifies as a “luxury” vessel is a matter of opinion.

Source: www.wvgazettemail.com

Lexus Announces Ultra-Luxury Sports Yacht to Catch Mercedes - Bloomberg

Toyota Motor Corp. ’s premium brand plans to start selling a 65-foot (20-meter) ultra-luxury yacht in the U.S. in the second half of next year. The vessel, announced at a boat show last week in Yokohama, will have room for 15 guests, three bedrooms with their own washrooms, plus separate quarters for crew. Executive Vice President Shigeki Tomoyama wouldn’t reveal the boat’s price, but said it will be comparable to others in its class. (Sunseeker’s 66-foot

An image makeover at Lexus is probably in order. Since it ended an 11-year run as the U.S.’s top-selling luxury car brand in 2010, it’s been outpaced by BMW AG and Daimler AG’s Mercedes-Benz, which has been faster to shift toward the sports-utility vehicles that Americans love. In 2017, U.S. sales of Lexus sedans dropped by a quarter and the Japanese brand sold about 10 percent fewer vehicles than market-leader Mercedes.

Aside from the new hardware, the company is also taking a different marketing tack, trying to recast itself as the purveyor of a luxury lifestyle, not just high-end cars. To do that, the company last year jettisoned the “pursuit of perfection” slogan it had been using for decades and adopted a new one: “experience amazing.” The new tagline is meant to appeal to wealthy consumers who, studies show, are spending less on stuff and more on activities.

Lexus hasn’t unveiled its yacht design yet, but Tomoyama says most of the details have been worked out and it’s now in the production planning stage. A clue to how it may look is an early sketch the executive revealed at a Tokyo event last May, which appeared to show three decks and borrow heavily from the same swooping lines used in a 42-foot one-off concept yacht that Lexus put on display last January.

“Improving the quality of the cars themselves is important, but we also need to present car owners with a dream-like vision of the luxury lifestyle,” Tomoyama said at last week’s boat show. “A yacht is a very effective part of that.”

Like the concept craft, the new boat will be engineered by Toyota Marine, a business that’s been around since 1990, and manufactured by the Marquis-Carver Yacht Group in Pulaski, Wisconsin. But whereas the smaller vessel was made entirely of a carbon-fiber composite, the 65-footer will be made with a mix of materials that lowers costs.

Lexus isn’t the only carmaker dipping its toe in the water -- Mercedes in 2016 started selling its own limited-edition yacht and BMW has been playing with concept crafts since at least 2011 -- but the Japanese luxury brand is the only one that’s committed to mass production.

Robert Passikoff, founder of New York-based marketing consultancy Brand Keys Inc., says he likes the strategy of using big boats to sell more luxury cars.

“Just the fact that the boat is there may reinforce values that are important for the automotive category -- like speed,” he said. “It becomes more emotional, and you kind of go, ‘Well, I can’t afford a million dollar boat, but a $80,000 car? That I can afford.”’

Source: www.bloomberg.com









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