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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.

BMW M3 GTS – more videos

The new BMW M3 GTS - more video On Wednesday we reported on the reveal of the BMW M3 GTS, a track-focused, stripped-out and lightweight BMW M3. It will deliver at least 450bhp from its 4.4 litre V8, all of which will be driven through the rear wheels by a 7-speed M Dual Clutch Transmission (M-DCT). Apart from the obvious orange paint job, the M3 GTS gets a very seventies looking rear wing bolted to the boot.

Coventry University MA Design Degree Show 2003

The projects on show cover the full spectrum of vehicle concepts. Particular topics this year were environmentally friendly hybrid supercars, urban microcars and future cars for China. The course has a strong international presence, with students from Brazil, Belgium, China, Taiwan, Finland and Australia among this year's graduates and this contributed to the wide variety of work on display.