2006 Bmw M5 Base Sedan 4-door 5.0l 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.

2016 BMW M4 GTS: More power, less weight, ready for the track

BMW calls its new M4 GTS the "most agile, radical, and powerful M4 ever." It's got 493 horsepower, a slick new water injection system, a three-way adjustable coilover suspension, and a weight reduction of roughly 200 pounds compared to a stock M4. Only 700 will be built, with 300 allocated for the United States. And did we mention it looks absolutely killer? Let's talk about that water injection system for a moment, because it's the first time this technology is being used on [an intercooled - Ed.] production road car. Basically, water absorbs heat from surrounding air, so a fine mist is sprayed into the intake manifold where it evaporates, lowering the temperature of the intake air. BMW says this reduces final compression temperature, allowing the turbochargers to operate with increased boost pressure and better spark timing. The end result is increased output – 493 horsepower and 442 pound-feet of torque from the same twin-turbo, 3.0-liter straight-six as the standard M4. That's an increase of 68 hp and 36 lb-ft. But the GTS isn't just about increased power. In fact, the bigger story is its weight reduction. BMW incorporated the use of aluminum and carbon fiber throughout the M4's construction, and DIN curb weight is listed as 3,329 pounds. It's unclear if that's the exact US measurement, and BMW couldn't comment on that as of this writing, but compared to our 3,530-pound stock M4, that represents some 200 fewer pounds of heft. Carbon fiber reinforced plastic (CFRP) is used in the hood, making that part some 25 percent lighter than the stock piece. CFRP is also used for the driveshaft, making it 40-percent lighter than the standard setup. Even inside the car, the new center console is 30-percent lighter than what you'd find in a normal M4. The rear seats are gone, and we're sorry to say that the cool racing buckets pictured here won't be available in the US. Making this thing super capable at the track is a three-way M coilover suspension, combined with upgraded carbon ceramic brakes, set behind staggered wheels and tires. Up front, the GTS rides on 19-inch rollers wrapped in 265/35-series Michelin Pilot Sport Cup 2 tires, and out back, 20-inch wheels are fitted inside 285/30-series rubber. The only transmission available is the seven-speed, M DCT dual-clutch unit, and when all is said in done, BMW says the M4 GTS will run the infamous Nurburgring Nordschleife in 7 minutes and 28 seconds. Another cool feature: organic LED technology.

HyFive hydrogen infrastructure gets $51M boost across Europe

"High five!" was one of the catch-phrases of Sacha Baron Cohen's Kazakh comedic alter ego Borat. A real-world HyFive is being announced by a power broker named Boris. And this is serious business. London Mayor Boris Johnson has announced a program called HyFive, which will see automakers and other entities invest 31 million British pounds ($51 million US) in a demonstration project for hydrogen fuel-cell vehicles. By next year, London will have three hydrogen refueling stations, while there will be one each in the Danish cities of Aarhus and Odense and one in Innsbruck, Austria. Leaders of the program are planning for other stations in Sweden, Germany and Italy. The five participating automakers are BMW, Mercedes-Benz parent Daimler, Honda, Hyundai and Toyota, while other companies involved include Copenhagen Hydrogen Network, ITM Power and Linde. Those OEMs will make 110 fuel-cell vehicles available for deployment in Bolzano, Copenhagen, Innsbruck, London, Munich and Stuttgart. The program represents an effort to address the "chicken or egg?" challenge inherent to establishing a hydrogen fuel cell vehicle market. While the powertrain technology provides benefits by combining fossil-fuel-like refueling times with long driving ranges and zero emissions, establishing a refueling network and building fuel-cell vehicles is prohibitively expensive, especially in low volumes. The London mayor is no stranger to green transportation technology. Late last year, Johnson made himself available for a photo opportunity with Ecotive and Frazer-Nash, which had developed a six-passenger extended-range plug-in taxicab. The mayor got a test drive in the cabs this week. You can check out the HyFive press release below. Global leaders sign up to GBP31m plan to demonstrate viability of hydrogen vehicles International project HyFive pioneers hydrogen fuel cell technology A pioneering GBP31 million deal will be struck today (3 April) to make hydrogen vehicles a viable and environmentally friendly choice for motorists across Europe. Leading motor manufacturers, hydrogen fuel suppliers, the Mayor of London's Office and energy consultancies from around the globe are signing up to the HyFive project, the largest of its kind in Europe, at City Hall in London today.