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News watch Jan 2011: today's auto industry news
Fri, 28 Jan 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 January 2011• Mazda has signed a deal to supply Nissan with its 5/Premacy MPV from May 2011. Nissan will sell a 'cleary differentiated' version of the people carrier in Japan (Mazda) • VW has begun construction of a new engine plant in Silao, Mexico.
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.
2013 Kia Pro_cee’d specs and prices: Costs from £17,495
Fri, 15 Feb 2013Kia has revealed price and specification for the 2013 Procee’d, starting from £17,495 for the Pro_cee’d 1.6 GDI S rising to £20,795 for the SE. The new Procee’d comes in two trim options – S and SE – and with a choice of a 1.6 litre GDi petrol engine or 1.6 litre CRDi diesel, all with a six-speed manual gearbox as standard although you can opt for a DCT ‘box on the Pro_cee’d 1.6 GDi SE. The 1.6 GDi offers 133bhp and 164lb/ft of torque, does 52.3mpg and takes 9.8 seconds to 62mph.