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Mercedes Vision Tokyo Concept is a minivan for millennials [w/video]

Mercedes-Benz believes that the next generation of drivers would much rather interact digitally with their machines than actually be behind the wheel. To satiate the desires of these tech-obsessed passengers, the company reimagines the minivan as a rolling, autonomous lounge called the Vision Tokyo Concept. The silver lozenge debuts at the 2015 Tokyo Motor Show. With its rounded edges, plentiful glass, and satiny Alubeam paint, the Vision Tokyo looks like a minivan from the high-tech future out of a William Gibson story. Up front, the windshield wraps all the way around, and the side glass is screen-printed in silver for privacy. The massive grille is illuminated and can even show the sound pattern of the music playing inside. Meanwhile at the rear, red LED lights surround the oval window. While the exterior is fairly minimalist, the Vision Tokyo puts its biggest emphasis on pampering the five passengers inside. They enter through a massive gullwing door in the concept's side, and rather than traditional rows of seats, there's a wraparound couch. Once comfortable, occupants can use LED screens on the walls, and in a truly sci-fi touch there's a holographic entertainment system in the center. Should someone actually need to drive, a seat can also deploy from the couch, and a steering wheel slides into position. Riding in this metallic chariot at least isn't too bad for the environment. The powertrain combines a hydrogen fuel cell and batteries capable of inductive charging. In total, the combo would offer a claimed range of 609 miles – 118 miles purely on electricity and 491 miles from the H2. That kind of driving distance should keep the digital party inside rocking for quite a wild night. Check out the high-res image gallery above and the video below. And for more, stay tuned for our live coverage from the Tokyo Motor Show. Mobile club lounge for young, urban trendsetters Mercedes-Benz Vision Tokyo: Connected Lounge Stuttgart/Tokyo. The Vision Tokyo is the latest trailblazing spatial experience to come from Mercedes-Benz: its monolithic structure, futuristic design idiom and unique lounge ambience in the interior define it as luxurious, young and progressive – thus making it a fitting tribute to the sophisticated megacity and trendsetting metropolis that is Tokyo.

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.

Aston Martin signs Letter of Intent for technical partnership with AMG

A little over two months ago came reports that Daimler and Aston Martin were in talks, again, about "supply and technical-cooperation agreements." The next step has been taken with Aston Martin announcing that it has signed a Letter of Intent that looks "towards a technical partnership" with Mercedes-AMG GmbH, and the two companies aiming to have definitive agreements done by year's end.
While it will get to use certain electric and electronic components from AMG, the true golden egg for the maker of the Vanquish will be the ability to develop a new line of "bespoke V8 powertrains" that will be fitted to "a new generation of models." In return for opening up the larder, Daimler will get a non-voting stake of up to five percent of Aston Martin.
Nothing else is being said about the tie-up for the moment, but there's a press release below with a few more details.