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Manual transmissions used to offer superior performance compared to an automatic. Obviously, that is no longer the case with advancements in technology.
Now, manual transmissions mainly offer a physical/emotional connection to a car. A few brands like Porsche and to a lesser extent bmw have recognized this and continue to offer the choice to the "purists". However, cars in general are becoming more numb and clinical and the obsession with speed and lap times is permeating the industry whereby this takes precedence over driver enjoyment.
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