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Old 03-24-2005, 07:16 PM   #1
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Default GM’s Lutz: Toyota Scored a Major Coup with Hybrids

March 24, 2005
GM’s Lutz: Toyota Scored a Major Coup with Hybrids

During a session at the Morgan Stanley Global Automotive Conference in New York, Bob Lutz, GM Vice Chairman, Product Development, and Chairman, GM North America, gave his take on the importance of a number of technologies in the auto industry.

Hybrids, he noted, are of growing importance:

Whether the market becomes giant for them or whether it flattens out to, say 300,000 units per year— which in the context of the entire American market is a pittance—BUT it has become

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Old 03-24-2005, 07:27 PM   #2
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Lutz says:
Quote:
I will say that Toyota scored a major coup by going ahead with hybrids even though they didn’t have a business case.
We call that "vision", Bob.
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Old 03-24-2005, 07:47 PM   #3
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Default Re: GM’s Lutz: Toyota Scored a Major Coup with Hybrids

Hey Bob, you can do it.

Not having a business case for the Corvette never stopped GM. Can you say Mustang? Minivan? Product quality (Acura, Lexus)? 6 Sigma? Supplier integration?

So the business case for SUVs with $6,000 worth of incentives that get 13MPG is what again?

Come on Bob, you can do it! Think diesel hybrid Tahoe that gets 30MPG; aerodynamic, quiet, functional, adaptable and in demand. Sounds good doesn't it?
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Old 03-24-2005, 10:35 PM   #4
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It seems absolutely amazing that GM would cut production of the middle market to INCREASE production of the Mountain of Metal genre. Get a grip guys, those Behemoths are going down the terlet!
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Old 03-25-2005, 12:20 AM   #5
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Will GM lead, follow, or get the hell out of the way? I know what I'm betting on...
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Old 03-25-2005, 09:30 AM   #6
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Default Re: GM’s Lutz: Toyota Scored a Major Coup with Hybrids

Quote:
Originally posted by Lutz+--><div class='quotetop'>QUOTE(Lutz)</div>
Quote:
If you have hybrids, you’re OK, if you don’t have hybrids, you’re not.[/b]
<!--QuoteBegin-Article

GM has scrapped plans for an upcoming new line of rear-wheel drive mid-market sedans, and is applying the freed-up manufacturing and engineering resources to speed up the launch of its new full-size SUVs (Chevrolet Tahoe, Cadillac Escalade). The hope is that brining the high-margin vehicles out even a few months early will significantly help GM’s financial situation.

The company will then focus on mid-size SUVs and crossover vehicles.
[mood=sarcasm][mood=mockery]
Hybrids are good. Full-sized SUVs are better.
[/mood][/mood]
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