Chuck
03-03-2009, 08:46 AM
http://www.cleanmpg.com/photos/data/2/European_Union_Flag.jpg Lutz gave a further sign of no confidence in the Saab by confirming to TT reporters that he has no intention of attending the launch. (http://www.thelocal.se/17960/20090303/)
http://www.cleanmpg.com/photos/data/501/Colbert_Lutz.jpgPeter Vinthagen Simpson - The Local: Sweden's News in English - Mar. 3, 2009
Do you sell something by making it obvious you think it has no value? Bob Lutz makes that plain about his thoughts on Saab. I have an idea: GM and Chrysler merge. --Ed.
Senior General Motors executive Bob Lutz has suggested that a solution to the problems faced by Swedish car firms Volvo and Saab would be to merge them.
"That way both we and Ford get rid of a problem," Lutz told news agency TT in Geneva.
The 77-year-old US car industry legend is in Geneva for an industry exhibition. Swedish news agency TT caught up with him in the airport and he was candid over GM's attitude to the troubled Swedish car-maker.
In its application to the US government for billion dollar loans earmarked to secure GM's own future the firm has confirmed that its financial lifeline to Saab will be cut at the end of the year, at the latest, TT writes... http://www.thelocal.se/17960/20090303/
http://www.cleanmpg.com/photos/data/501/Colbert_Lutz.jpgPeter Vinthagen Simpson - The Local: Sweden's News in English - Mar. 3, 2009
Do you sell something by making it obvious you think it has no value? Bob Lutz makes that plain about his thoughts on Saab. I have an idea: GM and Chrysler merge. --Ed.
Senior General Motors executive Bob Lutz has suggested that a solution to the problems faced by Swedish car firms Volvo and Saab would be to merge them.
"That way both we and Ford get rid of a problem," Lutz told news agency TT in Geneva.
The 77-year-old US car industry legend is in Geneva for an industry exhibition. Swedish news agency TT caught up with him in the airport and he was candid over GM's attitude to the troubled Swedish car-maker.
In its application to the US government for billion dollar loans earmarked to secure GM's own future the firm has confirmed that its financial lifeline to Saab will be cut at the end of the year, at the latest, TT writes... http://www.thelocal.se/17960/20090303/