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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 Continental Flying Spur spied lapping the 'Ring

It's been months since we've heard anything about the next-gen Bentley Continental Flying Spur. We know the four-door variant of the Bentley Continental GT is coming sometime soon, but all we've seen so far is one batch of spy shots of a car that doesn't stray too far from the current model. This new batch of photos shows another familiar car lapping the Nurburgring. Although this car is still heavily camouflaged (with some stickers that make it look like the current car), we can make some good assumptions based on the Continental GT. The car will have a larger grille, a new headlight design and oval taillights that mirror the exhaust tips. Under the hood, we expect the turbocharged W12 to carry over. Look for V8 and plug-in hybrid variants to arrive sometime down the line. We don't know when the car will go on sale, but don't expect to wait too much longer. It's been eight months since the Continental GT was revealed, and this is really nothing more than a platform variant. Look for a full reveal sometime this summer. Related Video: Featured Gallery Bentley Flying Spur spy shots View 10 Photos Image Credit: CarPix Design/Style Spy Photos Bentley Luxury Sedan bentley flying spur bentley continental flying spur

2021 Bentley Flying Spur V8 returns with less weight, equipment than W12

Following up on the launch of the W12 version, the 2021 Bentley Flying Spur is once again getting an "entry-level" variant with a V8. It's not as powerful as the W12, and a couple fancy features aren't included. But it's lighter, more fuel efficient, and we expect it will be cheaper. Like past V8 Spurs, this new model has a twin-turbocharged 4.0-liter V8. It's more powerful than its predecessors, though, making 542 horsepower and 568 pound-feet of torque. The previous-generation V8 S made 521 horsepower and 502 pound-feet of torque. The W12's 626 horsepower still towers over the V8, but the V8 boasts a weight savings of 220 pounds. Combined with cylinder deactivation, Bentley claims a 16% improvement in fuel economy, though doesn't give specific numbers. Applying that increase to the W12's combined fuel economy number, we'd expect around 17 mpg for the V8 versus 15 for the W12. There's one other key mechanical change to the Flying Spur V8, and that's the lack of standard electronic adjustable anti-roll bars and four-wheel steering. Both features are part of an option package now, whereas they're included on the W12. The adjustable anti-roll bars are automatically controlled to optimize ride quality while reducing body roll, and the steering allows the Flying Spur to more easily negotiate tight corners and spaces. Otherwise, the V8 Flying Spur is nearly identical to the W12 version, save for the standard 20-inch wheels and quad exhaust tips. It's available in either four- or five-seat configurations. First Edition and Blackline trims are available that include extra options and unique visual tweaks. And among some of the more opulent upgrades are the rear-seat refrigerator, illuminated Flying B hood ornament and rotating center stack display. Pricing for the Flying Spur V8 starts at $200,725 with destination, a healthy discount to the W12's nearly $215,000 price tag. It's also more affordable than the the Continental GT V8's price of around $204,000. The V8 Flying Spur will be available early next year. Related Video: