Bentley Continental Gtc V8 Beluga Linen New 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.

Bavaria-themed Bentley Continental GT Convertible has a blue top and blue interior

The online configurator for the Bentley Continental GT Convertible offers seven different roof colors, but Imperial Blue is not one of them. It's a specialty product only Mulliner could provide, and it's one of the key features of the new Continental GT Convertible Bavaria Edition. Only one example will be built, making it an instant collector item. Envisioned by Bentley Director of Design Stefan Sielaff, the theme for the Bavaria edition is appropriately white and blue in honor of the German region's flag. Officially, the car wears Glacier White paint, an Imperial Blue top, and 22-inch Mulliner Driving Specification wheels. It also has a bright chrome lower bumper grille, and a chrome-bordered Bavarian flag emblem with Mulliner Bespoke White and Light Blue Sport enamel on the front fender. The interior is just as elegantly pretty. Reverse of the exterior, it predominately features Imperial Blue leather with Linen contrast piping and stitching, and a pearly Mulliner Glacier White veneer dashboard. A branded treadplate plaque and flag headrest stitching add extra special touches. Hand-built by Mulliner, the special-edition car will be shown at an exclusive event at the Munich Bentley dealership. There is no mention of a price or which customer will take ownership of the Bavaria Edition.

New Prius, Bentley Bentyaga, Rolls-Royce Dawn | Autoblog Minute

Bentley and Rolls-Royce introduce new luxury vehicles and Toyota revealed its latest Prius. Autoblog Senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Bentley Rolls-Royce Toyota Convertible SUV Hybrid Autoblog Minute Videos Original Video bentley bentayga rolls-royce dawn