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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.

Unsold Cars take over California

It’s a sign of the times. Unsold cars arriving at Long Beach - Image by NYT Long Beach, California, America’s second largest port is under siege from unsold cars. Day after day, thousands of cars roll off container ships, normally destined for dealerships around the country.

Prospecting for gold on the Autoweek America Adventure

Halloween isn't just for kids, at least not in Nevada casinos. There are ghouls and ghosts are virtually everywhere, and many people are dressed in costume, too. On Monday morning at the Autoweek America Adventure briefing, we were told that this will be the longest driving run.