Sal Collaziano
Staff member
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- Nov 26, 2008
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Filed under: Concept Cars, Economy, Sedans/Saloons, Plants/Manufacturing, Crossovers/CUVs, Chevrolet, GM, GMC, HUMMER, Pontiac, Saturn, Opel, Vauxhall
General Motor's car czar, Bob Lutz, sat down with the little people of the blogosphere after GM's announcement that it would be reducing white collar expenditures by 20-percent, cutting truck production and eliminating retired health care for salaried workers over 65, all in an effort to boost its liquidity by $15 billion by the end of 2009.
Maximum Bob addressed questions about GM's entire brand portfolio, saying, "Pontiac will be nourished with products" and confirming that GM is in talks with financial institutions about HUMMER, and that, "If we could sell the brand, we'd be interested in doing that."
Predictably, much of the conversation centered on fuel efficiency and the General's plans to address the growing demand for miserly transport in the U.S. Lutz made it clear that "as fuel costs in the U.S. begin to resemble those in the rest of the world" it will be easier for GM to realign its products on a global scale.
[Photo: David McNew/Getty]Continue reading Lutz: No Beat for the U.S., smaller CUVs on the way, Insignia stalled
Lutz: No Beat for the U.S., smaller CUVs on the way, Insignia stalled originally appeared on Autoblog on Tue, 15 Jul 2008 11:53:00 EST. Please see our terms for use of feeds.
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Maximum Bob addressed questions about GM's entire brand portfolio, saying, "Pontiac will be nourished with products" and confirming that GM is in talks with financial institutions about HUMMER, and that, "If we could sell the brand, we'd be interested in doing that."
Predictably, much of the conversation centered on fuel efficiency and the General's plans to address the growing demand for miserly transport in the U.S. Lutz made it clear that "as fuel costs in the U.S. begin to resemble those in the rest of the world" it will be easier for GM to realign its products on a global scale.
[Photo: David McNew/Getty]Continue reading Lutz: No Beat for the U.S., smaller CUVs on the way, Insignia stalled
Lutz: No Beat for the U.S., smaller CUVs on the way, Insignia stalled originally appeared on Autoblog on Tue, 15 Jul 2008 11:53:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...