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Carl-Peter Forster a candidate to lead Jaguar Land Rover
Mon, 25 Jan 2010Jaguar Land Rover is parting company with its chief executive, David Smith, potentially clearing the way for former Opel and BMW boss Carl-Peter Forster to take control. Forster has been linked with a senior role at Jaguar Land Rover for some months. Executives at Indian automaker Tata Motors, which bought the British brands from Ford in 2008, were rumored to have been taking soundings on whether Forster was the right man for job.
Richie Incognito destroys his own Ferrari
Thu, 27 Feb 2014Things have not been going well for Richie Incognito lately. He lost his job last year for being crazy and causing his teammate Jonathan Martin so much emotional distress that he quit professional football. Then, after a yearlong investigation, the details of he and Martin's relationship were made public and he responded by going absolutely nuts on Twitter.
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.