Thursday, July 9, 2009

Bob Lutz here to stay?

The Wall Street Journal seems to have buried a lead in its article about GM exiting bankruptcy. According to a paragraph towards the end, "GM Vice Chairman and former product chief Bob Lutz will stay with GM indefinitely, according to people familiar with the matter." It gets a little muddy after that, with Fritz apparently declining to confirm the change, but this could be big for GM. Lutz helped to turn the General's product line around, and had pledged to retire by the end of the year. While it seems that Tom Stephens will still take over as product czar, having Lutz' influence around will be a boon to the "new GM".

I actually have an email in to John Stoll to clarify the issue, and I'll keep y'all update.

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