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PM opens Williams F1’s new Advanced Engineering Centre

Prime minister David Cameron has today opened Williams Racing’s new £8 million Advanced Engineering Centre in Grove, Oxford. The new facility will help transfer Williams’ four decades of title-winning F1 expertise into the world of road cars – and the PM has challenged the engineers working there to continue helping Britain compete on the world stage by developing new business opportunities. On Bing: see pictures of Williams F1 cars Nismo Williams!

Charles Morgan leaves Morgan

Charles Morgan is no longer a part of the Morgan Motor Company’s management team or board of directors, a press release from the Morgan Technologies arm of the British sports car maker has confirmed. As things now stand, this essentially means that after 103 years, the family that started the firm is no longer involved in running the company. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader Charles Morgan is the grandson of Morgan Motor Company founder, HFS Morgan, and joined what has always been a family business in 1985.

VW developing 10-speed transmission to save fuel

Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said. The transmission is one of a number of drivetrain technologies that the automaker is focusing on for the mid- and long term, he said. Others include plug-in hybrids and a high performance diesel engine.