GM’s Lutz sets exit around plug-in car
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From Times Wire Services
Automotive industry icon Robert A. Lutz said he wanted to retire from General Motors Corp. after the company brings a plug-in electric car to market, possibly sometime in 2010.
The 75-year-old Lutz, now GM’s vice chairman for global product development, is shepherding development of the Chevrolet Volt, which the company sees as a mainstream electric sedan that can be recharged by plugging it into a household outlet.
Lutz, whose automotive career spans more than four decades, said no retirement date had been set. He said he wanted to stick around as long as his health held up and Chief Executive Rick Wagoner and the GM board would have him.
From Times Wire Services