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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.

Honda replaces Jazz ES with ES Plus – puts price up

The Honda Jazz ES Plus (pictured) replaces the old ES trim Mid-summer (if, indeed, this is summer) is not the best of times for car sales, so we get used to car makers offering enhanced specs to get punters through the door. Which is why Honda has revealed the Jazz ES Plus. Replacing the current Jazz ES, the ES Plus gets extra toys such as a set of 16″ alloys, privacy glass, cruise control, armrest for the driver and leather on the steering wheel and gear knob.

Lamborghini shifts R&D focus from more horses to fewer pounds

Lamborghini's drivetrain wizards say they have all the horsepower they need for their super-fast cars. So from here on, performance gains will come from using lighter materials to reduce vehicle weight, instead of from chasing more engine thrust. "It has come to the point where acceleration equals consumption," said Stephan Winkelmann, CEO of the Italian automaker.