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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.

Ford Mondeo/Fusion unveiled at 2012 Detroit show

Ford unveiled its new 2013 Mondeo at the Detroit auto show - the new Mondeo is in fact now a Fusion in Euro drag. Under the One Ford rules, most major car projects are in fact global affairs, so the Mondeo follows in the footsteps of the Focus, also unveiled in Detroit two years ago and brought to Europe a year later. We'll have a similarly long wait for the Ford Fusion to make the leap to the European Mondeo, with a launch slated for spring 2013.

Watch Koenigsegg One:1 active aero in action

Christian Von Koenigsegg and Drive are back with another installment of “Inside Koenigsegg.” Episode 3 focuses on the One:1's active rear wing. The naked carbon-fiber wing on the 1,360-hp Koenigsegg One:1 gets a front-top mounting, which reportedly causes less turbulence than a rear-mounted wing. The total weight is about 20 pounds, which von Koenigsegg claims is about 1/3 of what most active wing systems weigh.