GM Vice Chairman Bob Lutz: At $1.50 gas, the American public wants SUVs
Articles — By forcechange on December 10, 2008 11:44 am
This is a FoxNews interview with climate change denier and GM Vice Chairman Bob Lutz. Lutz and Fox host and apparent GM apologist, Gretchen Carlson, both seem to attribute GM’s crisis to external events rather than internal failures:
LUTZ: Let me just get one thing straight here: You know, there’s a lot of talk about, well, General Motors doesn’t make the right kind of cars or General Motors built trucks too long. At $1.50 a gallon, the American public wants sport utilities and large pickup trucks.
BRIAN KILMEADE (FOX): They did.
LUTZ: No, they do now…Look at Automotive News and see that the Honda Civic in May sold 57,000 units, in November it was down to 7,000. Same numbers for the Toyota Corolla. The small cars are not selling at $1.50 a gallon.
GRETCHEN CARLSON (FOX): And why this issue’s so complicated is that people do want to buy trucks and SUVs potentially but they can’t get the credit.
LUTZ: Exactly. That’s exactly right.
Hat-tip: SolveClimate via ThinkProgress
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