2011 Mini Cooper Countryman S All4 Hatchback 4-door 1.6l 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.

Mini Clubman All4 Scrambler Concept | Autoblog Minute

This is the Mini Clubman All4 Scrambler, a concept from Mini of Italy built for the 2016 Valentino Park Motor Show. Inspiration for this tough-looking Mini is the BMW R Nine T Scrambler motorcycle. MINI Motorcycle Autoblog Minute Videos Original Video mini clubman all4 scrambler

2020 Mini John Cooper Works GP laps the 'Ring in under 8 minutes

Mini used the occasion of the Nurburgring 24 Hours race to show off a preproduction version of its upcoming John Cooper Works GP. That's fitting, because the GP — the hottest of Mini's hot hatch offerings — has been honed specifically to conquer the Nordschleife of the famous German track. In fact, Mini says it has already lapped the North Loop in under eight minutes. An official lap time will come later because testing is apparently still underway. But to put that time into perspective, the last version of the JCW GP lapped the 'Ring in 8:23, so the new version could be half a minute faster. That's impressive, even if track performance isn't always the ideal measuring stick for street cars like the GP. We know that the GP will have more than 300 horsepower, but exact power figures have yet to be released. As you can see in the image gallery above, it will have some crazy aerodynamic additions, but probably won't wear a Nurburgring-inspired camouflage wrap when it goes into production in 2020 with a limited run of 3,000 units. And now we know that it will be much faster round the 'Ring than the previous GP — but will it be faster than the lap time of 7 minutes and 43.8 seconds recorded by the Honda Civic Type R? We'll see, but we wouldn't be surprised.