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Marchionne details Chrysler's future products

The real product news from Chrysler wasn't on the stand at the Detroit auto show; it came from the mouth of CEO Sergio Marchionne. Marchionne ditched the standard industry maxim of not discussing future products during a series of interviews during the Detroit show. Here's a roundup of the details: -- The replacement for the Dodge Caliber arrives late this year.

Valuable 1932 Ford stolen before Goodguys car show, recovered the next day

Authorities have recovered a valuable Ford Deuce coupe stolen before the Goodguys car show last weekend in Indianapolis. The 1932 Ford, estimated to be worth $300,000, was taken on Friday from a car hauler in a hotel parking lot, the Indiana State Police said. The car was found in the driveway of a vacant house on the city's southwest side after being spotted by a citizen who tipped off police.

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.