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U.S. issues new tariff threat, this time against British-built cars

WASHINGTON — Britain is the United States' closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement after Britain's exit from the European Union. U.S. Treasury Secretary Steven Mnuchin said on Saturday in London that he was optimistic that a bilateral deal with Britain could be reached as soon as this year. But Mnuchin gave up no ground after a second meeting with his UK counterpart, Sajid Javid. Javid has insisted that Britain will proceed with a unilateral digital services tax, despite a U.S. threat to levy retaliatory tariffs on British-made autos. Mnuchin told reporters after Saturday's meeting that such taxes would discriminate against big U.S. tech companies like Alphabet Inc's Google, Apple, Facebook and Amazon. The UK Treasury declined to comment on the private meeting. The divide highlights the challenges ahead as the Trump administration seeks a new bilateral agreement with Britain, part of a broader push to rebalance relations with nearly all its major trading partners. The stakes are high — British Prime Minister Boris Johnson has pegged the trade deal with United States as a way to ease the pain of breaking with Europe, Britain's largest trade partner. U.S. President Donald Trump, has promised a "massive" trade deal to support Brexit, the product of a populist movement similar to his "America First" agenda. The goodwill and special relationship the two countries have enjoyed for decades may not count for much, experts say. "Trump is not going to be doing Johnson any favors," said Amanda Sloat, a senior fellow with the Brookings Institution in Washington. "He's not going to give him a trade deal without major concessions." Even before the digital tax issue arose, the Trump administration threatened to tax foreign car imports, which could hit British-made Jaguar, Land Rover, Mini, and Honda Civic hatchback cars. Stiff U.S. trade demands include increased access for U.S. farm goods, concessions that will be difficult for Britain's entrenched natural food culture to swallow. The United States also wants Britain to change the way its National Health Service prices drugs and allow in more U.S. pharmaceuticals, which could prove politically unpopular for Johnson's government. Washington's demand that London block Chinese telecoms equipment maker Huawei Technologies Co Ltd for national security reasons could also cloud talks.

Dany Bahar plans Aston Martin shooting brake at Modena-based tuner

You can't keep a good man down, or so the saying goes. The jury may still be out on whether Dany Bahar was a good thing for the automotive industry – with some portraying him as an overambitious opportunist and others pitting him as a genuine car guy against the bean-counters – but he's not about to stay down for long. Bahar, for those unfamiliar, was a top executive at Red Bull, serving as right-hand man to Dietrich Mateschitz right around the time that the energy drink company was getting into Formula One and NASCAR. He was then poached by Ferrari to serve as its commercial chief and brand director before taking up the reins as CEO of Lotus. Things didn't go quite so well for him there after new owners fired him, accused him of misappropriating company funds and canceling just about every one of his ambitious (or perhaps overambitious) projects to take Lotus into the modern age. But now he's back on his feet. According to Car and Driver, Bahar's new project is a tuning house and coachbuilder called Ares. Similar to an outfit like Mansory (with which Bahar, incidentally, fostered close ties while at Lotus), Ares is out to make high-end vehicles like the Range Rover Sport, Rolls-Royce Wraith and Lamborghini Huracan that much more unique. But the biggest project Ares is planning to undertake is to turn the Aston Martin Rapide S and Bentley Continental GT into shooting brakes for wealthy customers. Ares wouldn't be the first outfit to do so, Bertone having made a wagon version of the Rapide and Touring having offered an extended-roof Continental. But to show he's not messing around, Bahar has assembled a top team at Ares. Wolf Zimmermann, who worked for Mercedes-AMG before becoming Bahar's R&D chief at Lotus, is handling the technical aspects. 24-year-old Romanian designer Mihai Panaitescu, who is said to have worked on those aborted Lotus projects, is handling the style aspect. And the whole outfit is being based in Modena, Italy – the city that is home to outfits like Pagani, Maserati and nearby Ferrari. Predictably enough, Ares will launch initially in China, Russia and the Middle East, but reportedly plans to make it to the US sometime early next year. Featured Gallery 2014 Aston Martin Rapide S: First Drive View 32 Photos News Source: Car and DriverImage Credit: Copyright 2014 Drew Phillips / AOL Aftermarket Aston Martin dany bahar aston martin rapide s

Aston Martin reveals hardcore Vantage GT3 special edition

If there are two things of which we've seen a lot in recent years, they're versions of the Aston Martin Vantage, and road-going sports cars wearing the name GT3. And you know what? We're not tired of either just yet. So we're pleased to report that the two have come together with the release of the new Aston Martin Vantage GT3. The ultimate evolution of Gaydon's nimble little sports car, the Vantage GT3 is lighter and more extreme than any version to date. Envisioned as a street-legal mid-point between Aston's successful racing cars and its coveted luxury GTs, the Vantage GT3 packs a number of key upgrades to make it lighter, more powerful and more hard-core than its stablemates. For starters, the company's ubiquitous 6.0-liter V12 has been upgraded with a new intake manifold and torque tube made from magnesium and a full titanium center-exit exhaust system. Although final figures are yet to be announced, Aston Martin figures it'll crank out around 600 metric horsepower – 592 by our standards, more than any iteration of the engine to date (including the flagship Vanquish) or any road-going Aston this side of the One-77. The other side of the power-to-weight ratio is optimized through the extensive use of carbon fiber. Aston has replaced the front fenders, hood and doors with the lightweight weave, as well as the center stack and Alcantara-trimmed racing buckets. Customers can even opt for a carbon-fiber roof and the rear glass to be replaced by plexi. The result is a projected curb weight of around 3,450 pounds, or a good 220 pounds lighter than the V12 Vantage S. A more extreme aero kit (also made of carbon, naturally) includes a splitter jutting out from under the nose and a big rear wing, and Michelin Pilot Super Sport tires sit at the edges of a wider track. Only 100 examples of the Vantage GT3 will be offered after its debut at the Geneva Motor Show next month, with deliveries slated to begin later this year as Aston prepares its next generation of Mercedes-powered sports cars. INSPIRED BY RACING: THE ASTON MARTIN VANTAGE GT3 SPECIAL EDITION - Lightweight and extreme Vantage special edition limited to 100 cars - Motorsport-derived chassis, aerodynamics and handling - Bridges the gap between road and race track driving 18 February 2015, Gaydon: Aston Martin is today revealing the first details of its most potent and uncompromising Vantage to date: the track-inspired Vantage GT3 special edition.