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Chrysler PT Cruiser hits the end of the road this summer

One of the original retro cars, the Chrysler PT Cruiser, is getting the ax. Production ends this summer, Chrysler president Tom Lasorda confirmed last week. With its sinister styling that drew comparisons to 1930s gangster rides, the PT Cruiser was a hit when it was launched in 2000.

Cadillac XTS to use modified Buick LaCrosse underpinnings

Cadillac's next flagship sedan, the XTS, will borrow its underpinnings from the Buick LaCrosse. The XTS is the code name for the car due in 2011, and it's a two-for-one proposition. The XTS will replace the front-wheel drive DTS and the rear-wheel STS, Automotive News reports.

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.