Chuck
12-09-2008, 12:23 PM
Speculation on who or if there would be a Car Czar (http://www.cnn.com/2008/US/12/09/gm.auto.bailout/index.html)
http://www.cleanmpg.com/photos/data/501/bob_lutz.jpgAP - Dec 8, 2008
This would be Lutz' worst nightmare (http://www.cnn.com/2008/POLITICS/12/09/obama.gore/index.html) (as Car Czar) -- Ed.
There's no indication when -- or if -- the White House and congressional leaders will reach agreement on the Democrats' proposal to give troubled U.S. automakers a financial lifeline.
General Motors Corp. and Chrysler could get $15 billion in federal loans as soon as December 15, according to a working Democratic draft of proposed legislation and a senior Democratic congressional aide.
Meanwhile, one key GM official already is talking about the need for more help from the government -- even before this package's approval.
In an interview Tuesday on CNN's "American Morning," Bob Lutz, GM vice chairman of global product development, told anchor John Roberts that he expects the industry to go back to Washington next year for more money… http://www.cnn.com/2008/US/12/09/gm.auto.bailout/index.html
http://www.cleanmpg.com/photos/data/501/bob_lutz.jpgAP - Dec 8, 2008
This would be Lutz' worst nightmare (http://www.cnn.com/2008/POLITICS/12/09/obama.gore/index.html) (as Car Czar) -- Ed.
There's no indication when -- or if -- the White House and congressional leaders will reach agreement on the Democrats' proposal to give troubled U.S. automakers a financial lifeline.
General Motors Corp. and Chrysler could get $15 billion in federal loans as soon as December 15, according to a working Democratic draft of proposed legislation and a senior Democratic congressional aide.
Meanwhile, one key GM official already is talking about the need for more help from the government -- even before this package's approval.
In an interview Tuesday on CNN's "American Morning," Bob Lutz, GM vice chairman of global product development, told anchor John Roberts that he expects the industry to go back to Washington next year for more money… http://www.cnn.com/2008/US/12/09/gm.auto.bailout/index.html
