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Audi hardwood bicycle

Following on from its collaboration with Head for carbon fiber skis, Audi has teamed up with Renovo Hardwood Bicycles to create yet another performance-oriented product. Audi is launching the Duo range of cycles as ‘an embodiment of its core principles of progressive innovation' that aim to blend craftsmanship and styling with performance and technology. As a result, each Duo is built around a monocoque frame that is made from hardwood, which not only increases ride comfort – thanks to the material's ability to absorb shock and vibration – but also serves to reduce weight.

Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.

Japanese Grand Prix 2012: Vettel on pole for Red Bull

Red Bull’s Sebastian Vettel has taken pole position in tomorrow’s Japanese Grand Prix at Suzuka, ahead of team mate Mark Webber. It looks like Red Bull have found form again ahead of tomorrow’s Japanese Grand Prix, with Sebastian Vettel taking pole position and Mark Webber in second place. Behind the Red Bulls is Jenson Button in the McLaren, although he’ll actually start five places back after a penalty for changing a gearbox after Singapore – probably wise after Hamilton retired in Singapore after his gearbox gave up the ghost.