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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.

Dassault Systèmes and Autodesign & Styling's 'Prague Experience' contest launched

Dassault Systèmes and AutoDesign & Styling magazine are looking for designs for everyday objects inspired by the Czech capital of Prague for their annual international design competition. The contest, which is open to designers from all over the world, calls for entries that are both user- and eco-friendly and reflect the character of Prague as a European city full of famous architecture and hundreds of monuments. Anne Asensio, vice-president of design experience at Dassault Systèmes and jury president for the past two years, said, "We are pleased to announce the third annual competition, and we have already introduced a small tradition.

Chevy Colorado and GMC Canyon recalled for missing hood latch

General Motors is recalling a group of 2010-2012 Chevy Colorado and GMC Canyon trucks because they could be missing a second hood latch. If the primary latch is not engaged, the hood could open while driving, increasing the risk of a crash. Nearly 120,000 pickups are affected.