2005 Bentley Continental Gt Mulliner Low Miles 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.

King Charles' electric I-Pace goes to auction next month

Never mind the Bentley State Limousines, the Aston Martin DB6 Volante that Queen Elizabeth II bought him on his 21st birthday, or the Rolls-Royce Phantom VI valued at more than $600,000. The car of the moment, if we’re talking about the garage of King Charles III of England, is a far more ordinary — and all-electric — Jaguar I-Pace purchased in 2018 by His Majesty “for his personal use." The royal Jag is set to be auctioned off March 2 at the famed Ascot Racecourse; estimated selling price is as high as $88,000. If you miss out on the auction of a president's former ride, here's one from a king. The SUV, notable as the first all-electric vehicle to be embraced by the royal family, is the range-topping I-Pace EV400 HSE all-wheel-drive luxury five-seater that the king — prince of Wales at the time — bought in September 2018 for $75,000. According to the auction site, the Jag was "purchased with his own money." Charles had Jaguar install a fast charger at Clarence House, his residence. The vehicle was returned to a Jaguar dealership after two years — itÂ’s not clear if it had been leased — with only 3,000 miles on the clock. Subsequently, the SUV was sold to one Karen French of Oxfordshire. She said in a statement offered by Historics Auctioneers, “This I-Pace was exactly what I was looking for and pretty much on my doorstep. It was only when I agreed to buy it that I discovered its extraordinary history — I was absolutely thrilled. Having driven it over 30,000 miles,” she added, ”I decided in the New Year that it was time for a change.” Noted by the auctioneers in typical British understatement, the high-specification car was uniquely finished in Loire Blue and remains the only I-Pace “to be painted in this colour, whilst those inside the car enjoyed a sumptuous, contrasting leather interior in, fittingly, Light Oyster Windsor.” A revised Jaguar I-Pace is scheduled to arrive next year. Regarding the KingÂ’s affection for automobiles — British automobiles — he reportedly overseas a fleet worth more than $17 million. And while heÂ’s fond of driving conventional vehicles, he told the BBC some years ago that “my old Aston Martin, which I've had for 51 years, runs on — can you believe this — surplus English white wine, and whey from the cheese process.” Essentially the classic had been converted to run on E85 bio-ethanol. "The engineers at Aston said, 'Oh, it'll ruin the whole thing,'" Charles shared with The Telegraph in 2018.

2022 Bentley Continental GT Speed debuts with more power, big handling improvements

Fast news is coming out of the UK today in the form of a new Bentley Continental GT Speed. Similar to the previous generations of the Continental GT, this latest version is getting the Speed treatment. Bentley may be talking endlessly about its green future, but until that materializes, the British marque is continuing to pump out W12 master classes of luxury and speed. The idea is the same as all “Speed” versions of recent Bentleys. Add power, increase handling abilities, and make it look faster. Power from the 6.0-liter twin-turbo W12 increases to 650 horsepower (24 extra ponies), while torque remains constant at 664 pound-feet. The extra power comes from increasing the manifold pressure in the upper rev range, meaning the extra power is all the top. This results in a 0.1-second reduction in the 0-60 mph time, which is now down to 3.5 seconds. Top speed is a lofty 208 mph, which is a 1 mph increase from the non-Speed. See, itÂ’s speedier! While the power gains are admittedly small, the other performance improvements Bentley made look like theyÂ’ll be much more noticeable from behind the wheel. For one, the eight-speed dual-clutch transmission reportedly shifts twice as fast in Sport mode as it does in the regular W12 model. The engine and transmission calibration is also revised to make its upshifts higher in the rev band and downshift earlier. Bentley says the exhaust is much louder with greater “character” than the standard car, too. The chassis and drive system get significant updates for better handling. The car's big new party trick is four-wheel steering, which is becoming increasingly common for large luxury cars. As you might expect, the rear wheels turn opposite the fronts at low speeds for better agility, and the rears turn the same direction as the fronts at high speeds for better stability. This means the Continental GT Speed should feel more nimble and quick on its feet than lesser versions.  Additionally, Bentley says itÂ’s using a new all-wheel-drive torque split and traction control calibration “to provide a noticeable character shift” for the Speed. Basically, theyÂ’re loosening the reins a bit, which will ultimately result in the Speed feeling more tail-happy and eager to rotate in corners. Brake-based torque vectoring is implemented in the Speed for when you want to power through corners more efficiently, too.