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Dinner with Bob Lutz: Looking back at nearly 50 years in the car business

Bob Lutz is retiring--again. He has tried this twice before: at Chrysler in 1998 and with his abortive exit from General Motors last year. But this time, at age 78, it may stick, even for the car guy who has operated at the industry's highest levels since the early 1970s.

2015 Chevrolet Corvette Z06 unleashed at Detroit Motor Show 2014

Hoist up your Stars & Stripes and crank up your Bruce Springsteen tunes, because the 2015 Chevrolet Corvette Z06 has finally broken cover at the 2014 Detroit Motor Show. This is a Chevrolet Corvette C7 Z06 like we've never seen before. And given that Chevrolet claims it's the "most track-capable Corvette in history", you may find it hard to keep up with it, too.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.