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GM product chief Bob Lutz to retire

GM boss Bob Lutz Retires By Ben Whitworth Motor Industry 09 February 2009 17:41 GM boss Bob Lutz will retire at the end of the year. The vice chairman of global product development – who has been at the centre of the automotive industry for the last 46 years – will be replaced by Tom Stephens, GM’s current veepee for global powertrain and global quality. Lutz, 76, will continue to report to GM boss Rick Wagoner throughout 2009 in his new role as GM vice chairman and senior advisor, before bowing out at the end of December.

Jeep Grand Cherokee SRT8 gets Ferrari treatment for Formula One team

Two 2012 Jeep Grand Cherokee SRT8s made an appearance in Italy on Thursday as the keys were handed over to Formula One drivers Felipe Massa and Fernando Alonso. That's just another perk of working for a company that owns both Ferrari and Chrysler. The Jeeps are painted in Rosso Corsa, which translates to Racing Red, Ferrari's signature color.

BMW 1 Series

BMW has just revealed the all-new 1 Series. The German automaker's second generation B-segment contender has grown 83mm longer, 14mm wider and has had its wheelbase stretched 30mm over its predecessor. Though the 1 Series is the smallest vehicle in the range, the new car retains proportions typical of BMW, with a long hood and wheelbase and a set-back cabin.