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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.

Bentley's next continuation car is its 1929-30 Le Mans winner

Bentley's Mulliner division will resurrect the Speed Six as its second continuation project. Announced on the sidelines of the 2022 Goodwood Festival of Speed, the born-again classic will be nearly identical to the cars that won the 24 Hours of Le Mans in 1929 and 1930. Continuation cars remain a significant source of controversy among enthusiasts; Ralph Lauren is one of the high-profile collectors who wrote an angry letter to Bentley after the firm announced plans to make 12 replicas of the four 1929 Team Blower models. The criticism didn't dent the model's popularity; all 12 units were spoken for in record time, and this success encouraged Bentley to bring the Speed Six back to life. Why the Speed Six? It's one of the most important models in Bentley's history, according to the company's archives department, largely due to its success at Le Mans. It was an evolution of the 6 1/2 -Litre model whose 6.5-liter straight-six engine was tuned to develop about 180 horsepower, a huge number in the 1920s. It was offered with three different wheelbases, and 182 examples were made between 1928 and 1930. Only a small handful of those were modified for racing; they were built on a 132-inch wheelbase and fitted with a 200-horsepower six. Bentley started the continuation project by sourcing two of the original cars. One is the third of three units that raced at Le Mans in 1930, and it's been nicknamed Old Number Three. It's in private hands. The second is a 1929 model that's part of the carmaker's collection and that has previously received a full restoration. Mulliner has completed a 3D CAD model of the Speed Six using those cars and period documents. Pricing for the Speed Six continuation car starts at GBP1.5 million, a sum that represents about $1.8 million at the current conversion rate. Production is limited to 12 units, and collectors scooped up the entire batch before the project was announced to the public. Bentley will begin building the first car, which is not part of the 12 and which will be used as a testing and engineering mule, in the second half of 2022.   Featured Gallery Bentley Speed Six View 12 Photos Bentley Automotive History Convertible Luxury Racing Vehicles Performance Classics Goodwood Goodwood Festival of Speed

Bentley tests next next-gen Flying Spur on Porsche Panamera Turbo body

At first glance, the prototype in the gallery above looks like a blacked-out version of the new Porsche Panamera Turbo. But this is actually Bentley's tester for the next-gen Flying Spur. And since the upcoming Flying Spur, among other Bentley vehicles, will utilize the same MSB platform as the new Porsche, seeing the British automaker using a Panamera makes a lot of sense. The Flying Spur is essentially a four-door version of the Continental GT, which has design cues from the EXP 10 Speed 6 concept unveiled at the 2015 Geneva Motor Show. It's safe to assume that the next-gen Flying Spur will get the same treatment as well. Other than the fender flares, the prototype is identical to the Panamera Turbo. So how do we know that this is Bentley's prototype? According to our photographers, the prototype's license plate is registered as a Bentley with the UK's Driver and Vehicle Licensing Agency. With the Flying Spur sharing the same platform as the Panamera, we expect the luxury sedan to get the same choice of engines, including the twin-turbo 4.0-liter V8 and 2.9-liter twin-turbocharged V6 engine. A concept is anticipated to come out in 2017 with a production variant coming a year later. Related Video: Featured Gallery Bentley Flying Spur Spy Shots View 10 Photos Image Credit: CarPix Spy Photos Bentley Porsche Luxury Performance Sedan bentley flying spur