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NewsMax article / interview with Bob Lutz


Bruce Nunnally

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[article]

General Motors has taken the steps that will foster its recovery, says Bob Lutz, vice chairman of marketing and communications for the company.

Lutz is a longtime car executive, having held leading positions at all three big U.S. automakers in a career dating back to the early 1960s. With the departure of former GM CEO Rick Wagoner, many have looked to Lutz to help new CEO Fritz Henderson rebuild and reorient the flagging U.S. auto giant.

“In September (GM) sales were pretty much back to the previous numbers,” he told Dan Mangru of Moneynews.com.

“For fast-moving models that are in very high demand, we have no inventory.”

That includes the GMC Terrain, the Buick LaCrosse and the Cadillac SRX. Those cars are selling well, he says

{note: video starts with a commercial}

Bruce

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