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Supermarkets slash fuel prices for bank holiday

SUPERMARKETS have announced fuel-price cuts ahead of the August bank holiday getaway. From tomorrow Asda, Sainsbury's and Tesco are all reducing the cost of their petrol by up to 2p a litre, with diesel going down by 1p a litre. In Asda's case, this will take the price of its petrol to no more than 124.7p a litre, with diesel at 128.7p for diesel – its lowest prices since January 2011.

Ford EcoSport small crossover spied on U.S. roads

Ford may need a smaller crossover in its lineup, and the new EcoSport--created in Brazil and designed for markets such as India--could fill that opening. Need evidence? This camouflaged prototype has been spotted on the streets in metropolitan Detroit.

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.