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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

2014 Subaru WRX and STI pricing released

The Subaru WRX and WRX STI are now in their final model year before they're replaced by an all-new version, and Subaru has just released prices for the 2014 model year. Both cars get a $200 bump for 2014, and destination charges rise, too. The 265-hp 2014 WRX will now start at $26,790 and will be keeping its 2.5-liter turbocharged and intercooled four-cylinder boxer engine and five-speed manual transmission.

Audi e-tron Spyder concept

Audi revealed the latest iteration of its e-tron product range in the form of the Spyder concept at the 2010 Paris motor show. The roadster showcases the brand's plug-in hybrid technology cloaked in an emotional two seat package. Measuring 4060mm long, 1810mm wide and 1110mm high, the Spyder is only slightly larger than the electric e-tron concept shown in Detroit earlier this year.