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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.

Kia Proceed (2012) first offical pictures

Kia will launch the next derivative of the Ceed at the Paris motor show: the Proceed three-door model. It follows the Sportswagon estate and regular hatch, and will likely keep the same range of four-cylinder engines and six-speed gearboxes. The 2012 Kia Proceed three-door Like the last Proceed, the new car gets an unfortunately silly name, which we won't dignify with its shameful grammar here.

CAR interviews Infiniti boss Andy Palmer (2011)

Andy Palmer is a busy man, and one with a job few in the industry would relish tackling – making Infiniti’s European dreams a sales success. We tracked him down for a quick chat after the Geneva show to talk Formula 1, European production and BMW… Is Infiniti happy to continue following its sector-busting route to generate new sales? 'Infiniti’s ethos is bravery.