2013 Bentley Continental Gt Coupe Mulliner Piano Black Trim Rear View Camera 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.

2022 Bentley Continental GT Speed Convertible puts 208 mph of wind in your hair

The Bentley Continental GT is once again merging the higher-performance capabilities of its Speed trim level with the open-top convertible body style in the new 2022 Bentley Continental GT Speed convertible. The GT Speed convertible's upgrades largely mirror those of the recently unveiled 2022 GT Speed coupe. They start with increased output from Bentley's W12 engine, which has been turned up to 650 horsepower from 626 horsepower in the non-Speed W12 (torque remains unchanged at 664 lb-ft) and given a more characterful exhaust note. The W12 here again pairs with an eight-speed dual-clutch automatic transmission and all-wheel drive, although both have been recalibrated for Speed duty. The transmission spends more time in lower gears, while the all-wheel-drive system has a more rearward torque bias in the various drive modes. The combination is good for a factory-stated 0-to-60-mph time of 3.6 seconds and a top speed of 208 mph. That's 0.1 second and quicker than the standard W12 convertible and 1 mph faster, thus earning the Speed its name. The Speed's chassis also has been upgraded, with four-wheel steering, an electronic limited-slip rear differential, and optional carbon-ceramic disc brakes with 10-piston front and four-piston rear calipers. They join existing Continental GT chassis technologies that include active air suspension, adaptive dampers, and active anti-roll bars powered by a specific 48-volt electric system. Speed-specific 22-inch wheels are offered in a dark-tint finish to match the mesh grille or, alternately, bright silver or gloss black. Special side gills and discrete "Speed" badging complete the modest exterior makeover. The convertible top is offered in a choice of seven colors including an oh-so-British tweed, and there are eight headliner colors. The fully automated roof can be stowed or raised in 19 seconds. The cabin features Alcantara microsuede accents and two-tone leather and Alcantara seating surfaces with diamond-in-diamond pattern stitching and "Speed" logos stitched into the headrests. Piano black trim is standard, but numerous wood veneers can be specced. There are also metal-trimmed pedals. Heated and ventilated seats are on hand, along with a heated steering wheel and heated armrests to maximize the top-down driving season. There's also a standard neck-warmer that is said to be more powerful and also quieter than before.

Autoblog Minute: New Civic, FCA UAW Agreement, Frankfurt

FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Show full video transcript text [00:00:00] FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. FCA reached a tentative labor agreement with UAW leadership. The major focus of the new deal reportedly includes: the eventual elimination of the two-tier pay scale [00:00:30] and pooling worker health care. Now that a leadership agreement is in place, the deal will be sent to FCA's rank-and-file. FCA has about 36,000 hourly employees. We got a first look at the interior and exterior of the 10th-generation Civic. Honda expects the new sedan to dominate the C-segment when it hits dealerships later this fall. Civic coupe, five-door hatchback, Si and Type R will all come later. The 2015 Frankfurt Motor Show is in the books and there was a lot of news to get excited about. [00:01:00] Porsche introduced a fully electric concept car in the Mission E. If they make this car, Porsche could give Tesla nightmares. We also saw SUVs from Jaguar and Bentley. There were two beautiful Italian convertibles from Ferrari and Lamborghini. Meanwhile, Mercedes introduced a concept of their own in the IAA - a vehicle that experiments with adaptable aerodynamics. Those are the highlights from the week that was. Be sure to check out my full recap this Saturday. Plus we'll have some added insight on General Motors' deal to [00:01:30] avoid federal prosecution. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. UAW/Unions Frankfurt Motor Show Bentley Chrysler Ferrari Honda Jaguar Lamborghini Mercedes-Benz Porsche Rolls-Royce Tesla Convertible SUV Concept Cars Electric Supercars Autoblog Minute Videos Original Video porsche mission e concept