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Lamborghini Aventador drives record Lamborghini sales in 2013
Wed, 12 Mar 2014Record Aventador sales drive Lamborghini’s turnover It would not have been unreasonable to think that Lamborghini’s turnover for 2013 would be less than 2012, especially as the Gallardo was about to be consigned to the history books to make way for the Huracan. But nothing could be further from the truth. In fact, despite the Gallardo’s demise at the end of 2013, Lamborghini managed to increase its turnover in 2013 to €508 million – up €39 million on 2012 – and break records for V12 sales in the process.
Motortrend examines making of Kia’s Track’ster concept
Fri, 10 Feb 2012Motortrend has included a comprehensive step-by-step guide exploring the process through which Kia built its Track'ster concept car in its April edition. The study, complete with a detailed photo timeline, tracks the progress of the concept vehicle from the original idea right the way through to the car's unveiling at the Chicago Auto Show. The Track'ster was originally pitched as a turbo four-cylinder all-wheel-drive sports car and is based on the production version of the Kia Soul, which was the company's second-best-selling vehicle of 2011.
Williams F1 sells Williams Hybrid Power to GKN for £8 million
Mon, 07 Apr 2014GKN 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.