Industry Report: GM's Bob Lutz Considers Dumping One Brand to Curb Losses
As General Motors' market share continues to slide southward and profits seem out of reach, the automaker may phase out one of its many nameplates. Vice Chairman Bob Lutz, always willing to show his cards to the media, sometimes much to the dismay of those who work alongside him, commented Wednesday that one of GM's weaker brands may have to go if sales projections couldn't be met.