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GM's Lutz to retire May 1

General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.

Mini Works unveiled

By Ben Barry Motor Shows 08 March 2007 01:29 Three new Minis shown at Geneva BMW unveiled several world-firsts at Geneva 2007: a Works kit for the new Mini, the entry-level One, and the new Mini Cooper D. The new Works option is an aftermarket job for the new Mini; it increases power of the Cooper S to 192bhp and adds numerous styling tweaks. A more powerful Works version, which will be built on the production line and boast more than 210bhp, will be added later, officials promised.

Company cars linked to speeding

COMPANY CAR drivers are far more likely to exceed the 70mph motorway speed limit than private motorists, according to an RAC survey. As many as 88% of those behind the wheel in firms' vehicles regularly exceed the limit compared with 67% of private motorists. Also, 62% of company of company car drivers said they reached speeds of 80mph on motorways, almost double that of regular motorists (32%).