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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.

Tease of 2013 Lexus LS sedan now on Facebook

Lexus is joining the social teasing party by uploading a darkened, smoky image of the redesigned 2013 Lexus LS sedan. We can't see much, but we do get a sense of the general shape of the car, which looks to be a bit more streamlined than the model it replaces. An earlier teaser shot showed the front end of the new LS.

Porsche at Geneva: Porsche 918 Spyder +Video

The Porsche 918 Spyder arrives on the floor at Geneva As we said the other day when we reported on the Porsche 918 Spyder reveal at Geneva, we really didn’t see this coming. We all know that Porsche are playing with Hybrid tech on their road cars – the Porsche Cayenne Hybrid is here  and the Porsche Panamera Hybrid on the way – and have even had a play with a hybrid track car – the Porsche 911 GT3 R. But a Hypercar – a likely replacement for the Porsche Carrera GT – is a real surprise.