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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 considering diesel engine for new SUV

Turns out, in case you didn't know, the rich are just like regular people. They too are concerned about the environment, even when tooling around town in their super-luxurious Bentleys. So the automaker is weighing the idea of offering a diesel engine in its SUV offering, which could help satisfy customers' demands for more fuel-efficient engines.
Chairman and CEO Wolfgang Schreiber told Autoblog in a roundtable interview at the Geneva Auto Show that the automaker is researching whether or not a diesel engine makes sense for the brand. Bentley, owned by the Volkswagen Group, could in theory use a diesel engine from anywhere in the Volkswagen Group family. We at Autoblog have hopes they'll revive the V10 TDI used in the VW Touareg until 2010, but ever-stricter emissions laws would likely make that problematic.
But rich people aren't so much like us that they'll be worried about petty things like pricing. Schreiber admitted the diesel engine could be a $15,000 option, which he said customers would probably find "acceptable." Given that the cheapest Bentley today starts at $177,000, typical customers probably won't be diddling around worrying about an extra 15 grand.

Bentley Flying Spur Mulliner Blackline Specification loses the chrome

Bentley's future is not as bright as its past — at least when we're talking about exterior trim. The blacked-out Blackline Specification package that the firm introduced on the Continental GT earlier in 2022 has been so popular that it's now available on the Flying Spur Mulliner. Unveiled on the sidelines of Monterey Car Week, the Flying Spur Mulliner Blackline Specification ditches nearly every piece of bright exterior trim. Designers replaced the chrome bits with gloss black trim and painted the door mirror caps in Beluga Black. The grille and the Winged B hood ornament keep some of their bright accents, and buyers can order black 22-inch wheels with polished pockets at an extra cost. Bentley left the interior untouched, meaning buyers can configure it to their liking. And, there are no mechanical modifications: The Blackline Specification package is offered on the hybrid-, V8-, and W12-powered variants of the Flying Spur Mulliner. In its quickest configuration, meaning with a twin-turbocharged, 626-horsepower 12-cylinder under the hood, the big sedan hits 60 mph from a stop in 3.7 seconds. Pricing for the Blackline Specification package hasn't been announced. We're guessing it's not cheap, but that's unlikely to deter buyers: Bentley announced that nearly 20% of Continental GT Mulliner buyers have ticked the Blackline Specification box since its introduction. At the other end of the Mulliner spectrum, the limited-edition Batur coupe is scheduled to make its debut during Monterey Car Week as well.