Welcome to the North American Subaru Impreza Owners Club Saturday September 20, 2014
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Here you can view your subscribed threads, work with private messages and edit your profile and preferences Home Registration is free! Visit the NASIOC Store NASIOC Rules Search Find other members Frequently Asked Questions Calendar Archive NASIOC Upgrade Garage Logout
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads.
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 12-09-2008, 12:53 PM   #1
AVANTI R5
Scooby Guru
 
Member#: 73805
Join Date: Nov 2004
Default Bob Lutz Offers To Sacrifice Himself To Keep Wagoner In Charge Of GM




Quote:
These are somber, serious economic times — but it’s still hard to hang up from a 10-minute phone chat with Bob Lutz without chuckling.

“If Congress wants a sacrifice, it should be me,” Lutz declared this afternoon, as he defended his boss, General Motors Corp. CEO Rick Wagoner.


“I’m older,” Lutz said. “And I’ve made politically incorrect remarks about global warming, so it should be me.”

We were talking, ironically, just as one of the greenest of green Democrats, U.S. Speaker of the House Nancy Pelosi, D-Calif., was announcing a new bill that would quickly send $15 billion in loans to Detroit’s neediest auto companies, GM and Chrysler LLC.


There would be strings attached, there would be shared sacrifice and strict oversight to ensure that Detroit gets lean and green and viable. But no sacrificial Detroit auto executives’ heads on platters, at least not yet, despite chatter about Wagoner’s ouster possibly being a condition for GM to get aid.


It’s probably best that Lutz, 76, GM’s vice chairman and head of global product development, didn’t do too much public chirping this past month while GM, Chrysler and Ford Motor Co. were pleading for federal loans to keep their companies afloat.


Like many in Detroit, Lutz has difficulty suppressing his disdain for the comments certain senators and TV talking heads made about the self-inflicted problems of the domestic auto industry.


“It just infuriates to hear supposedly intelligent people describe the GM of the 1980s as if it was today,” Lutz told me.


As I said, it’s probably good that Lutz wasn’t testifying before the House and Senate committees. Wagoner and his fellow Detroit CEOs weren’t the world’s most persuasive orators, but they did do the abject begging necessary in Washington to get Congress to provide the rescue funds.

Lutz, who earlier this year called global warming “a crock of” well, you know what, might not have been so meek.


He has worked for GM, Chrysler, Ford and BMW in his storied career, and he can be highly critical of all four if you get him going. “You could argue,” he said Monday, “that some past GM chairmen were merely building occupiers, not builders.” But Wagoner, GM’s chairman since 2003 and CEO since 2000, has done an amazing job of changing the industrial giant.

“GM used to have 22 different purchasing organizations,” he said. “It’s now down to one.”


Even the possible phaseout of GM’s Saturn division, he said, was in the works well before Congress demanded that GM produce a so-called viability plan by Dec. 2 to show it can become self-sufficient and pay back its loans Saturn has its best-reviewed product lineup in years, including the Aura sedan. But GM management made a proactive move to look at phasing out the brand because its sales didn’t match the critical acclaim. “We had to reassess. There’s simply not enough money to support all the brands,” Lutz said.

His point: GM in general and Wagoner in particular are gutsier than they’ve been given credit for.


“Against the advice of a lot of people,” Lutz pointed out, “Rick made an unconventional and bold move to hire me, at age 70, to come in a run product development. You talk about bold moves — that certainly was one.”
http://freep.com/article/20081208/COL06/81208097
AVANTI R5 is offline   Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
If I were in charge of Ford/GM/Chyrsler, I'd get to work building the world's most... Asinine Off-Topic 34 01-22-2009 03:10 PM
I'm in charge of teh funny.. what to do? skimmilk68 Off-Topic 1 09-05-2007 08:25 PM
Just got a promotion at work, I am now in charge of people, hehehe J Colman Mid Atlantic Impreza Club -- MAIC 11 03-29-2001 02:00 PM
I'm in charge of orgaizing a Rally-X (help!) omahasubaru Motorsports 5 02-15-2001 07:49 PM
Who is in charge of the NESIC (http://drive.to/yourlimits)? kevinsUBARU New England Impreza Club Forum -- NESIC 6 09-21-2000 12:44 AM


All times are GMT -4. The time now is 06:54 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2014 Axivo Inc.
Copyright ©1999 - 2014, North American Subaru Impreza Owners Club, Inc.