LOG IN

Share

Bob Lutz to retire, again [Video]

Effective May 1st

Robert "Bob" Lutz will finally retire from General Motors effective May 1, 2010. We say finally because he had announced he would retire by the end of 2009 but then made an about-turn in July last year. Lutz has been head of product development since rejoining the General in September 2001 and was last year moved into the Vice Chairman position of the new GM.

"The influence Bob Lutz has had on GM's commitment to design, build and sell the world's best vehicles will last for years to come," GM CEO and Chairman Ed Whitacre said. "I, along with many other men and women in GM and throughout the industry, have greatly benefited from his passion, wisdom and guidance."

Part of the reason Lutz, 78, says he is retiring is that several products like the Chevrolet Camaro and Cadicallc SRX are selling well. He therefore believes the company he is leaving behind is well on the way to recovery and good financial health.

 

Published Mar 4, 2010 11:30 am By Thami Masemola

General Motors Vice Chairman Robert A. Lutz will retire effective May 1, 2010, capping a 47-year career in the global auto industry that included senior leadership positions at four of the world’s leading automakers.

Lutz, 78, rejoined GM September 1, 2001, as the head of product development, and has led the company’s resurgence in developing great cars and trucks.  He also worked at BMW, Chrysler and Ford.

“The influence Bob Lutz has had on GM’s commitment to design, build and sell the world’s best vehicles will last for years to come,” GM CEO and Chairman Ed Whitacre said.  “I, along with many other men and women in GM and throughout the industry, have greatly benefited from his passion, wisdom and guidance.”

Lutz said he decided to retire now in part because hot-selling vehicles like the Buick LaCrosse, Cadillac SRX, GMC Terrain, Chevrolet Equinox and Chevrolet Camaro, along with the growing strength of GM’s four brands, prove that a product-focused mindset inside the company is in place for the long term.

“I can confidently say that the job I came here to do more than nine years ago is now complete – the team I have been fortunate to lead has far exceeded my expectations,” Lutz said.  “Our product lineup is as strong as it has been in GM’s history.  The perception of our products and brands is beginning to catch up with reality. And most importantly, the absolute commitment to being a product-driven company is ingrained throughout the organization – from the top down – and I am confident that, under Ed Whitacre’s leadership, the straightforward, singular focus on product will endure.”

Lutz, a GM vice chairman, was appointed senior advisor in December 2009 and will continue to provide guidance on design and key product initiatives until he retires May 1.

Add comment

Comments (3)

 Shaktiman Shaktiman
Best of luck in life and thank you for giving us cars like the ZR-1 and the CTS-V
0
0
March 4, 2010 5:46 pm
 autoficianado autoficianado
Agreed Lutz is passionate about automobiles. I do think though, that he is retiring since Whitacre's ego wanted the CEO job for himself. Lutz earned a promotion to CEO and would have made an excellent choice.
0
0
March 4, 2010 5:35 pm
 Renegade Renegade
If this is true, it is the end of an era, an era with good parts and some bad parts, for all of them, mr. Lutz, we salute you.
0
0
March 4, 2010 5:12 pm