Good morning everybody. And welcome to the launch of our new L50, and to this presentation. In a way, launch is no longer the correct word. Many of you have already had a chance to get to know the new car in your test drive this morning. So, I will not dwell on the technical capabilities of thsi car. What I would like to do is to share with you the thoughts that have gone into developing this new model so that you'll have a better idea of why it's such an exciting car to drive.