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Breaking news Fri, 18 May 2012
Robert A. "Bob" Lutz, Vice Chairman of Global Product Development at GM, General Motors Corporation, answers questions at the GM stand as preparations are underway for the Geneva Motor Show in Geneva, Monday, March 2, 2009. Germany's economy minister says the government won't be pushed into a hasty decision following General Motors Corp.'s Opel unit request for euro3.3 billion (US$4.2 billion) in aid. GM Europe proposed Friday that Opel loosen its ties with its beleaguered U.S. parent and said it would need euro3.3 billion in financing or guarantees from European authorities over the next two years. The aim would be to pay the money back by 2015. Guttenberg says "we will not allow ourselves to make a decision under pressure." He commented after the session with GM Europe president Carl-Peter Forster, Adam Opel GmbH CEO Hans Demant, and Klaus Franz, Opel's top employee representative. The 79th Geneva International Motor Show will be open to the public from March 5 through 15.
Automaker   Business   Market   Photos   Wikipedia: Bob Lutz (businessman)  
Lutz touts electric vehicles
By David Shepardson Detroit News Washington Bureau Comments | Washington - Former General Motors Vice Chairman Bob Lutz is lobbying conservatives to back electric vehicles. | "The goal is to try to br... (photo: AP / Anja Niedringhaus) Detroit news
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