F&I Management & Training

Industry legend Bob Lutz, General Motors' head of product development, will retire from the company at the end of the year.The 76-year-old, who has also worked at BMW, Ford Motor and Chrysler during his career, will remain as vice chairman and senior advisor to GM CEO Rick Wagoner, the company said Monday.Lutz will be replaced as GM's product development head by Thomas G Stephens, aged 60, effective April 1, 2009

DATED: 10.02.09

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