Bob Lutz Quotes on Investment (2 Quotes)


    From a strict business proposition, this is not where we would make an investment, ... It's not clear that you'll ever be able to recapture the cost of a hybrid in the pricing. But what we forgot in the equation was the emotional aspect of it.

    Cuts will be made from investment, material and manufacturing expenses, according to the vice chairman. Lutz also alluded to further changes in its engineering operations, citing healthcare spending and Delphis bankruptcy as a challenge to maintaining engineering operations in the U.S. If economic conditions are such that it becomes economically unfeasible to produce vehicles inside the United States as opposed to importing them from somewhere else, youd be foolish to keep building, ... We dont make that decision. The overall economic environment makes that decision.


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