Continental Gtc California Car on 2040-cars

Auto blog

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.

Queen Elizabeth needs a new chauffeur - could it be you?

We don't often post job listings here on Autoblog – and especially not ones based overseas. But then it's not every day that a sovereign monarch is in the market for a new chauffeur. Yet that's precisely what we came across, and not just for any monarch, either: this listing is for a chauffeur to drive around the Queen of England. The listing on the official website of the British Monarchy specifies that the job in question – based at the Royal Mews at Buckingham Palace – entails working "as part of a busy and supportive team tasked with driving members of the Royal Family, Household officials, guests and official visitors." That means being around some highly distinguished individuals, for what it's worth, but also getting access to some very rare machinery, the likes of which most people will never get close to: namely, the Bentley State Limousine, a vehicle designed and crafted in Crewe, based on the Arnage, specifically for use by Her Majesty and members of the royal household. Don't think that the proximity to one of the wealthiest families and heads of state in the world means the job would be what you might call "lucrative," though: it pays around $35k per year, which includes meals but not the mandatory lodging, the cost of which is deducted from the salary. Of course it is a government job, of sorts, so it comes with full benefits. And then Queen Elizabeth II has been known to drive herself around from time to time, when the mood strikes (and with impunity), so there could be a lot of downtime, too. News Source: The Royal HouseholdImage Credit: Bentley Government/Legal Hirings/Firings/Layoffs Bentley queen elizabeth ii chauffeur queen elizabeth

2014 Bentley Continental GT Speed arrives as the fastest Flying B to date

We know what you must be thinking: another Bentley Continental. And we can hardly argue with you, because that's exactly what this is. But what you're actually looking at is the fastest production Bentley ever.
It's the new Continental GT Speed, and it's just been unveiled in both coupe and convertible form here in Geneva. Its 6.0-liter twin-turbo W12 engine has been tuned to deliver 626 horsepower to all four wheels. That's just five horses more than the previous Continental Supersports, but with all the other enhancements applied to the Conti in the mid-cycle refresh, it's actually faster.
While the previous Supersports could reach 204 miles per hour, the new GT Speed can hit 206. (The revised drop-top GTC Speed is quoted at 203 mph, one tick faster than the Supersports Convertible). Of course none of that will, practically speaking, mean anything in real-world driving (especially considering that Crewe hasn't released any acceleration figures), but is worth that extra bit of bragging rights. It also sets the stage nicely for the next Supersports model, which in this context ought to be even faster and more powerful.