2014 Bentley Flying Spur 4dr Sdn on 2040-cars

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The UK votes for Brexit and it will impact automakers

It's the first morning after the United Kingdom voted for what's become known as Brexit – that is, to leave the European Union and its tariff-free internal market. Now begins a two-year process in which the UK will have to negotiate with the rest of the EU trading bloc, which is its largest export market, about many things. One of them may be tariffs, and that could severely impact any automaker that builds cars in the UK. This doesn't just mean companies that you think of as British, like Mini and Jaguar. Both of those automakers are owned by foreign companies, incidentally. Mini and Rolls-Royce are owned by BMW, Jaguar and Land Rover by Tata Motors of India, and Bentley by the VW Group. Many other automakers produce cars in the UK for sale within that country and also export to the EU. Tariffs could damage the profits of each of these companies, and perhaps cause them to shift manufacturing out of the UK, significantly damaging the country's resurgent manufacturing industry. Autonews Europe dug up some interesting numbers on that last point. Nissan, the country's second-largest auto producer, builds 475k or so cars in the UK but the vast majority are sent abroad. Toyota built 190k cars last year in Britain, of which 75 percent went to the EU and just 10 percent were sold in the country. Investors are skittish at the news. The value of the pound sterling has plummeted by 8 percent as of this writing, at one point yesterday reaching levels not seen since 1985. Shares at Tata Motors, which counts Jaguar and Land Rover as bright jewels in its portfolio, were off by nearly 12 percent according to Autonews Europe. So what happens next? No one's terribly sure, although the feeling seems to be that the jilted EU will impost tariffs of up to 10 percent on UK exports. It's likely that the UK will reciprocate, and thus it'll be more expensive to buy a European-made car in the UK. Both situations will likely negatively affect the country, as both production of new cars and sales to UK consumers will both fall. Evercore Automotive Research figures the combined damage will be roughly $9b in lost profits to automakers, and an as-of-yet unquantified impact on auto production jobs. Perhaps the EU's leaders in Brussels will be in a better mood in two years, and the process won't devolve into a trade war. In the immediate wake of the Brexit vote, though, the mood is grim, the EU leadership is angry, and investors are spooked.

High-end Bentley Bentayga Apex adds weight-saving carbon goodies, plus nice pinstripes

  Bentley is going on a carbon binge, by introducing the Bentayga Apex Edition, developed by its in-house Mulliner bespoke division and advertised as the Ñ’most dynamic-looking and driving Bentayga ever.Ò’ What’s novel about this crossover, which will be limited globally to only 20 units, is its reliance down low on lighter-weight carbon: 22-inch carbon rims that save a significant six kilograms each in unsprung mass over the standard items. And slotted behind those wheels, a set of carbon silicon discs, which Bentley says can offer improved braking performance, survive temperatures of up to 1,000 degrees, and shave another 20 kilos of weight compared to iron rotors. By employing weight reduction materials, the luxury British brand claims the Apex models achieve improved steering agility — that a carbon wheel does not flex on the road — as well as better braking response and less tire wear. As far as fashion elements for the limited-edition Apex, well-heeled customers will be able to choose from six ‘curated themes by Mulliner,” including Extreme Silver with Beluga stripe and Signal Yellow pinstripes, Pale Brodgar with Anthracite stripe and Bacalar bronze pinstriping, and Alpine Green with matching stripe and orange pinstripe. WeÂ’re especially enticed by Theme 1, comprised of an exterior in Candy Red satin, with a livery of Anthracite and Arctic White stripe and pinstripes in Arctic White. Bentley describes the interior thusly: “Arctic White main hide and Hotspur secondary hide are complemented by Arctic White contrast stitching and seat piping. This contrast colour can also be found framing the satin carbon fibre fascia and waistrails.” Design aside, the Apex Edition is based on the Bentayga S, which houses a 550-horsepower twin-turbo V8 with a top speed of 180 mph, with rear axle steering and active anti-roll technology. Most drivers would probably be satisfied with the common S model, which retails at a starting price of about $220,000. No pricing or availability for the Apex editions have yet been announced.

The mood at this year’s Paris Motor Show: Quiet

The Paris Motor Show, held every other year in the early fall, typically kicks off the annual cavalcade of automotive conclaves, one that traverses the globe between autumn and spring, introducing projective, conceptual and production-ready vehicle models to the international automotive press, automotive aficionados and a public hungry for news of our increasingly futuristic mobility enterprise. But this year, at the press preview days for the show, the grounds of the Porte de Versailles convention center felt a bit more sparsely populated than usual. This was not simply a subjective sensation, or one influenced by the center's atypically dispersed assemblage of seven discrete buildings, which tends to spread out the cars and the crowds. There were not only fewer new vehicles being premiered in Paris this year, there were fewer manufacturers there to display them. Major mainstream European OEM stalwarts such as Alfa Romeo, Fiat, Nissan and Volkswagen chose to sit out Paris this year, as did boutique manufacturers like Bentley, Aston Martin and Lamborghini. This is not simply based in some antipathy on the part of the German, British and Italian manufacturers toward the French market — though for a variety of historical and societal reasons that market may be more dominated by vehicles produced domestically than others. Rather, it is part of a larger trend in the industry. Last year, Mercedes-Benz announced that it would not be participating in the flagship North American International Auto Show in 2019 — and that it might not return. Other brands including Jaguar/Land Rover, Audi, Porsche, Mazda and nearly every exotic carmaker have also departed the Detroit show. Some of these brands will still appear in the city in which the show is taking place, and host an event offsite, to capitalize on the presence of a large number of reporters in attendance. And even brands that do have a presence at the show have shifted their vehicle introductions to the days before the official press opening in an attempt to stand out from the crowd. In many ways, this makes sense. With an expanding number of automakers, with diversification and niche-ification of models and with wholesale shifts that necessitate the introduction of EV or autonomous sub-brands, there is a growing sense that, with everyone shouting at the same time, no one can be heard.