2007 Bentley Arnage R 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.

Bentley Batur Convertible is a coachbuilt, W12-powered stunner

Remember the Bentley Batur from a couple of years ago? Well, it’s back, but this time itÂ’s without a roof, so allow us to introduce you to the Bentley Batur Convertible. Many of the details are similar to the coupe, meaning it has an uprated twin-turbo W12 engine and is a coachbuilt car by BentleyÂ’s Mulliner division. Unlike the Continental GTC that can seat four, the Batur Convertible is only a two-seater, eschewing the rear seats for a gorgeous “airbridge” behind the front two seats – itÂ’s meant to remind of roofless sports cars of old. Plus, if you look underneath the airbridge and tapered cowls, youÂ’ll notice it offers a little bit of storage space for luggage to augment the trunk. The W12 engine under its long hood is more potent than most of BentleyÂ’s W12-powered cars thanks to a revised intake, upgraded turbochargers, new intercoolers, titanium exhaust and a unique engine tune, bringing output to 740 horsepower and 738 pound-feet of torque. This particular reveal car (car number 0) is an engineering development vehicle so wonÂ’t be counted toward the 16 Bentley plans to build. Customization options are truly limitless, Bentley says. The one youÂ’re looking at here is finished in Vermillion Gloss over Vermillion Satin Duo, or in other words, orange. YouÂ’ll notice it features BentleyÂ’s ombre effect front grille option that flows from a dark color to the bright Vermillion Gloss as the grille traverses from the center to its edges. An added splash of sportiness is visible with its carbon fiber front splitters, side skirts and rear diffuser. And those 22-inch wheels with Vermillion accents look fantastic, too. Its interior features limitless customization options, and Bentley says its design is inspired by the wraparound interior seen in the Bacalar. ItÂ’s revealed via an electronically operated soft top that goes down in 19 seconds at speeds up to 30 mph. Essentially every surface of the interior is customizable in both color and finish, Bentley says. It highlights the use of 3D-printed rose gold thatÂ’s seen on the engine start/stop buttons, drive mode selector, vent controls and as an insert on the steering wheel itself. In case you were curious, the gold comes from the centuries-old Jewelry Quarter of Birmingham, England. Bentley didnÂ’t say whether the Batur Convertible is sold out yet, but we suspect it could be considering only 16 slots are available.

Former Lamborghini designer reportedly headed to Hyundai

Luc Donckerwolke (pictured above) only left his position as the Director of Design for Bentley in early June, but he might have already had a new gig lined up as he was walking out the door. Donckerwolke is reportedly teaming up with former Volkswagen Group styling bigwig Peter Schreyer at Hyundai Motor, in a position to eventually take over the look of all of the Korean brands' vehicles. At the moment, this major hire for Hyundai and Kia is still just a rumor, though, and the Korean automaker is playing it close to the vest. Company spokesperson Jim Trainor tells Autoblog, "We do not comment on speculation concerning potential appointments." However, insiders tell Automotive News that the deal is the reason for Donckerwolke walking away from his long career among VW's brands. In Korea, Donckerwolke would hold a position under Schreyer at first, and he would take over Hyundai and Kia's design duties when Schreyer retires, which is expected in about two years. Donckerwolke joined the German automotive giant in 1992 and eventually came to define the modern look of Lamborghini by penning both the Murcielago and Gallardo. In 2011, he became the Head of Advanced Design for VW Group and took over styling duties at Bentley in 2012. Schreyer left a fruitful career at VW Group, including penning the original Audi TT, to join Kia in 2006. He gained the overall design duties for the Hyundai and Kia brands in 2012. Ousted VW Chairman Ferdinand Piech once said that he was regretful of losing the talented stylist. Related Video: