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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.

Mini may have overexpanded, some models may not be replaced

Surprise, surprise. According to Edmunds, Mini may be looking to reduce the number of vehicles in its range, which has recently expanded to include a total of seven offerings (not to mention the copious varieties of configurations found within each line). When Mini relaunched in the early 2000s, it did so with one model, the Cooper Hardtop, and has since added the Convertible, Clubman, Countryman, Coupe, Roadster and Paceman. It looks like those ambitions of expanding the range to include up to 10 models may have been a bit optimistic.
"When we start to replace models, I think you will see that we won't replace every model exactly," Jim McDowell, Vice President of Mini USA, told Edmunds in an interview. The brand's core models right now are the Hardtop and Countryman, and of the roughly 66,200 vehicles that Mini sold in the United States last year, these two vehicles accounted for some 75 percent of total sales.
McDowell declined to mention any specific models that may not be replaced in the lineup's next generation, though our best guess is that ultra-niche vehicles like the Coupe (pictured) or Clubman. As for replacing some of the current models with new products, the only clear gap we can see in the brand's lineup is a smaller car like the Rocketman concept, though we've been told several times that a mini-Mini isn't going to happen. Be sure to let us know what Mini models you'd like to see kept or axed in Comments below.

Next-gen Mini Hardtop spy shots show dramatic changes

We've seen the next-generation Mini Hardtop a few times, but under significant amounts of vinyl camouflage. But apparently Mini got careless, and someone snagged photos of a completely undisguised prototype, which were shared by Twitter user Greg Kable. While the front end is a pretty predictable update, the rear end and interior are major departures. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The face will be familiar to anyone who has seen a current Mini. The grille is quite large and composed of a large contrasting frame and a body color filler in the middle, with a couple small openings at the top and bottom. It does appear to be a bit smaller overall compared to the current model, and with a thinner frame. The headlights are still round as ever, but appear a bit larger, and now they feature little lines at the top and bottom that almost look like cute eyelids. Interestingly, the hood no longer has holes cut out for the headlights, and the cut lines are higher up. The profile, as far as we can tell, is still typical Mini. The only real change there is the replacement of the pull handles with flush-fitting units. At the back is where the major exterior changes take place. The lozenge-shaped taillights of the past are gone in favor of angular trapezoidal units. They feature black-lined overlays, and they blend into the black trim piece that stretches across the hatch. The lights appear to be a part of the hatch, too, and will likely swing up with the hatch when opened. The rear fenders look wider than before relative to the greenhouse, giving this new Mini a lower, wider appearance. This particular prototype has an S badge in what looks like a yellow-green color, so we believe this may actually be an SE electric model. Moving to the inside, the new Mini holds on to some classic design cues, but reimagines them with modern technology and a minimalist theme. The dash is dominated by a huge, thin circular display, which evokes past round displays and gauge clusters from classic and more modern Minis. There's no gauge cluster in front of the driver, either, so the center screen will likely feature driving information in addition to other infotainment functions. The driver does at least get a head-up display, so there will still be the ability to have speed and other info directly in front of the driver.