2013 Mini Roadster Cooper S 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.

2020 Mini Countryman gains discounted Oxford Edition, program opens up to everybody

Mini is extending the Oxford Edition program to the 2020 Countryman and making all Oxford Edition pricing available to the public at large. Previously, Mini only offered the Oxford Edition pricing to recent college grads, graduate students and active and recently retired military personnel. It was also limited to the two-door and four-door Hardtops. Similar to the excellent value added by the Hardtops, the Countryman also adds a fleet of standard equipment for a discounted price. The base price of a Countryman is $29,750, including the $850 destination charge. A Countryman Oxford Edition starts at $26,750, representing a $3,000 discount off the bat. However, Mini throws in a bunch of equipment from the mid-level Signature trim that makes this an even tastier dish. You get 18-inch wheels, heated front seats, automatic climate control, an anthracite headliner and additional paint color options. Mini says that those added options represent $5,500 worth of added value over a base Countryman. Those up north will also be glad to hear that Mini is offering the same deal for the Countryman ALL4 with all-wheel drive. Simply add $2,000 to the front-drive model, and you’re left with a price of $28,750 — all the same equipment as the front-drive car is onboard. The Countryman was a rather pricey proposition before, but this makes it much more appealing. WeÂ’ll note that this deal is being offered on 2020 Countrymans, so the dual-clutch automatic transmission is the only option. 2021 Minis are said to be regaining three-pedal options, but Mini hasnÂ’t confirmed manual transmission offerings for the Countryman or Clubman yet. 2020 Countryman Oxford Editions will begin arriving at dealerships in “limited numbers” starting in July. Pricing for the 2021 Cooper Hardtop is also available now. Thankfully, itÂ’s no more expensive than it was before, with the two-door slotting in at $20,600. A four-door is $1,000 more at $21,600. You can read our thoughts on the package in our Oxford Edition review here. 2019 Mini Oxford Edition View 6 Photos

BMW restores classic Mini as it revives production in Netherlands

Mini will be kicking off production in the Netherlands, a country that hasn't built a Mini-badged machine since 1966. In honor of this event, BMW Group Classic, the team responsible for all the cars in the BMW Museum, as well as being a spare parts and restoration company in its own right, revived a classic 1959 Austin Seven. That particular car, number 983, was one of the first Minis to be built in the Netherlands.
The Netherlands' JJ Molenaar's Car Companies built 4,000 Austin Sevens and Morris Mini-Minors between 1959 and 1966, although we imagine Dutch Mini production will be much bigger when it starts up again in summer 2014. A five-person team from VDL Nedcar, the group handling production of new Minis, took to the job of restoring the diminutive British car from nose to tail.
The 34-horsepower engine and the transmission were both completely rebuilt, while the door panels were redone by hand. Help from the Mini community aided the VDL Nedcar team in finding authentic replicas or original parts where possible. All told, the new classic Mini is a striking example of what a good restoration can do to a car. The Seven was repainted in its original Farina Gray, adding to the car's sense of authenticity.