Bob Lutz told CNBC that Chairman and CEO Rick Wagoner should not be made a “sacrificial lamb” as a condition of the company receiving federal loan package Lutz’s comments on the news channel this morning were in response to congressional leaders’ weekend calls for management changes at GM as a condition of any federal aid [...]

A compromise pact to provide at least $15 billion in loans to General Motors Corp. and Chrysler LLC could be unveiled within the next 24 hours, Michigan Sen. Carl Levin said Sunday. “I think they’re very close to a deal, I’m very confident there will be a deal, and that will happen within 24 hours,” [...]

GM CEO Rick Wagoner has announced that instead of flying or taking the train or bus, he’ll be driving to Washington to meet with them tomorrow.  He’ll be driving in our favorite car, the Volt.  This is a message to DC that GM is thinking forward and can help this country a great deal in [...]

Rick Wagoner helped General Motors launch its next 100 years today by unveiling the much-anticipated production version of the Chevrolet Volt – a vehicle that delivers up to 40 miles of gasoline- and emissions-free electric driving, with the extended-range capability of hundreds of additional miles. Bob Lutz, GM vice chairman, drove the car up on [...]

When Rick Wagoner, the chairman and CEO of General Motors, walked onto the stage at the 2007 Detroit Auto Show to introduce what has become the 2011 Chevrolet Volt, he might as well have said that GM was going to build a flying car. Sure, it’s a cool idea to have an electric vehicle (EV) [...]