Bob Lutz, hired to lead GM product revival, is retiring
Powertrain chief Stephens will replace 76-year-old icon
AUTOMOTIVE NEWS
10:11 am U.S. ET | Feb. 9
UPDATED: 2/9/09 11:49 a.m. EST
Bob Lutz, the former Chrysler Corp. president who was hired at the age of 69 to lead a product renaissance at General Motors, is retiring. Lutz, 76, will become vice chairman and senior adviser on April 1 and retire at the end of the year. He will be replaced by powertrain and quality chief Tom Stephens.