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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.

Volkswagen Group previews its wares on eve of Geneva show

The Volkswagen Group is comprised of 11 brands producing 240 vehicles across 49 factories throughout the world. So the best way to show off the range of the VW family is to cram a few thousand journalists and VIPs into a massive makeshift stand to outline the Group's goals, what's in the pipeline and what you'll be able to buy later this year.
To that end, VW pulled out all the stops on the eve of the 2012 Geneva Motor Show, bringing along 10 vehicles from across the range. We'll be delving into the details of each over the next two days of show coverage, but before that happens, you can read all about what we saw tonight from the cheap seats after the break.

Bentley has built more than 20,000 Bentaygas in four years

It might not feel like it, but Bentley has been building an SUV for four years now. The Bentayga was introduced in 2015 and entered production at the beginning of 2016. Since then, the model's lineup has expanded to a range of six variants and numerous powertrain options. In total, Bentley has built more than 20,000 examples of the Bentayga, and demand does not appear to be dropping.  Like Rolls-Royce, Lamborghini, and Aston Martin, Bentley turned to the crossover and SUV market for a bump in sales, and the Bentayga has been a brand MVP ever since. Buyers have the choice between the Bentayga, Bentayga V8, Bentayga V8 Design Series, Bentayga Speed, Bentayga Diesel, and Bentayga Hybrid, as to ensure there's something for every type of buyer.  The launch powertrain in the Bentayga was a twin-turbocharged W12. It made a claimed 599 horsepower and 664 lb-ft of torque. At full blast, it is capable of running 0-60 mph in 4.0 seconds and tops out at 187 mph. Bentley topped those impressive numbers with the release of the Bentayga Speed. It too used a twin-turbocharged W12, but on those models, it made 623 horsepower. With a top speed of 190 mph, Bentley claims the Speed is the fastest SUV in the world.  Downgrading in engine size and power, the Bentayga V8 was unveiled in 2018 with a twin-turbocharged 4.0-liter eight-cylinder engine. It makes 542 horsepower and 568 lb-ft of torque, and with the foot to the ground, it can do the 0-60-mph scoot in 4.4 seconds. Top speed is capped at 180 mph. Bentley offers a Bentayga V8 Design Series for those searching for a more specialized look.  The other two options are the hybrid model or the diesel model. The diesel, which is not available in the U.S., has a triple-charged 4.0-liter V8 that produces 429 horsepower and 664 pound-feet of torque. The plug-in hybrid, Bentley's first foray into brand electrification, combines a 17.3 kWh lithium-ion battery pack, an electric motor, and a V6 engine. Together, the system makes a claimed 443 horsepower and 516 lb-ft of torque.   If those versions of the Bentayga were too bland, Bentley has also offered several special-editions of the questionably designed luxury off-roader. There was the Pikes Peak edition that commemorated the Bentley setting the Pikes Peak SUV record. There was a Stetson edition with Texas flair. And we can't forget our personal favorite: the Bentley Bentayga Falconry by Mulliner. Related Video: