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Old 12-09-2008, 12:53 PM   #1
AVANTI R5
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Default Bob Lutz Offers To Sacrifice Himself To Keep Wagoner In Charge Of GM




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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
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Old 12-09-2008, 12:54 PM   #2
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Default Carlos Ghosn and Jack Welch could be future GM leaders

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Now that Congress and even President-elect Barack Obama have voiced their opinions on Detroit’s Big 3 executives the question on everyone’s mind is: Who will replace GM’s Rick Wagoner? While GM COO Fritz Henderson may seem like a logical choice, his chances are slim since his supporters may be washed out along with Wagoner. Either way names are flying around in Detroit on who the next GM CEO could be.

One name everyone is familiar with is GE’s Jack Welch. Besides being everyone’s favorite CEO in the 1990s and having an outstanding track record, 73-year old Welch may not be up for working for very... Read Article

http://www.autospies.com/news/Carlos...leaders-38631/
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Old 12-09-2008, 01:26 PM   #3
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Hang 'em both.
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Old 12-09-2008, 06:52 PM   #4
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Carlos Ghosn did wonders for Nissan, but he's no miracle worker. It would be a step in the right direction though if GM can stay above water for long enough.
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Old 12-09-2008, 07:03 PM   #5
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Reading the title of this thread made me think that they were going to kill him, haha.
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Old 12-09-2008, 07:48 PM   #6
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They both need to go. Along with everybody up to and maybe beyond five management levels below them.
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Old 12-10-2008, 09:16 AM   #7
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^^
Thank you. It's ridiculous the people who drove their businesses into the ground are being retained in addition to all my money they've gotten, and will be getting again. Not surprising of course, but ridiculous. Too bad no one in Congress has the balls to fire those who are incompetent. Stephen Colbert has balls.
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Old 12-10-2008, 09:41 AM   #8
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Stephen Colbert has balls.
He is a man afterall, that's like saying John Stewart is Jewish.....

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Old 12-10-2008, 09:45 AM   #9
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He is a man afterall, that's like saying John Stewart is Jewish.....

.....
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Old 12-10-2008, 10:00 AM   #10
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nix the bailout, give me money to Prodrive to subsidize $30k P2 for all NASIOCers.
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Old 12-10-2008, 10:40 AM   #11
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k, bye...
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Old 12-10-2008, 02:01 PM   #12
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I think it's retarded Congress would demand they fire their CEO's. But I guess there's a simple way to avoid that in NOT ASKING CONGRESS FOR MONEY!!!
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Old 12-11-2008, 09:21 AM   #13
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So, how did the current crop of executives cause this disaster ? I looks to me like they have been cleaning up 20 years of waste fraud and abuse . Now you want the goverment to come in and tell a corporation who they can and cant run thier buisness .
Isnt this the same Goverment that has failed at every major program it has launched . Yeah I want the Goverment morons putting input into my buisness .

The Goverments track record on running things makes the BIG 3 look like allstars .
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Old 12-11-2008, 10:05 AM   #14
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Originally Posted by Superglue WRX View Post
Carlos Ghosn did wonders for Nissan, but he's no miracle worker. It would be a step in the right direction though if GM can stay above water for long enough.
I strongly believe Ghosn is a genius. From focusing development money on shared platforms and powertrains, he cut Nissan's production costs way down and restored the brand to what it is today.

10 years ago, if someone said the Quest minivan, Altima, Maxima as well as select Infiniti models would all share an engine with the (then rumored) 350Z, who would have believed me?
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Old 12-11-2008, 01:09 PM   #15
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Lutz is no fool, he wants out as quick as he can.
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Old 12-11-2008, 01:10 PM   #16
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Lutz is no fool, he wants out as quick as he can.
GM's current state says otherwise.
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Old 12-11-2008, 03:28 PM   #17
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Quote:
Originally Posted by Chiketkd View Post
I strongly believe Ghosn is a genius. From focusing development money on shared platforms and powertrains, he cut Nissan's production costs way down and restored the brand to what it is today.

10 years ago, if someone said the Quest minivan, Altima, Maxima as well as select Infiniti models would all share an engine with the (then rumored) 350Z, who would have believed me?
While I believe that was a shrewd move, I do not think that it is necessarily a stroke of genius. It seems more like common sense than anything, most engineers would have advocated this.
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Old 12-11-2008, 06:17 PM   #18
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Quote:
Originally Posted by ASU View Post
So, how did the current crop of executives cause this disaster ? I looks to me like they have been cleaning up 20 years of waste fraud and abuse . Now you want the goverment to come in and tell a corporation who they can and cant run thier buisness .
Isnt this the same Goverment that has failed at every major program it has launched . Yeah I want the Goverment morons putting input into my buisness .

The Goverments track record on running things makes the BIG 3 look like allstars .
they shouldnt ask for money then
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Old 12-11-2008, 07:23 PM   #19
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this is the best way he can "sacrifice" himself

nws language
http://www.youtube.com/watch?v=rrO8AFGi_rc
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Old 12-11-2008, 10:21 PM   #20
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GM's current state says otherwise.
That's a good one. But this old guy is secure without a doubt; he has no reason to stay around for this cluster. Of course he's going to play the honorable role and say "Oh I'm the sacraficial lamb....send me." What a joke.
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