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Lotus

Lotus might be interested in Bob Lutz and Tom Purves

Remember Bob Lutz and his on going long line of retirements? It may be that the last one wasn't his last after all. According to a report from Autonews, Lotus Cars is interested in hiring the former GM Vice Chairman together with ex-CEO of Rolls Royce, Tom Purves, as advisors. The British company's recent plans of a "new era" seem...

Bob Lutz and the 2011 Chevrolet Volt
ChryslerFordGeneral Motors

Bob Lutz joins Transonic Combustion board of directors

Transonic Combustion is a fuel-injection systems startup company that has announced today that Bob Lutz has joined the company’s board of directors. Bob Lutz recently retired from his nine year position as vice chairman of General Motors and, according to Transonic Combustion's spokesman, will be bringing the company's leadership the experience of a career in the automotive industry that is...

GM Renaissance Center
General Motors

Good news for GM: first quarterly profit in three years

General Motors have announced today that the first quarter of 2010 has been the place for another achievement on behalf of the company as they returned to profitability and registered revenue of $31.5 billion and operating income of $1.2 billion. The registered net income attributable to common stockholders was $0.9 billion which means earnings per share on a diluted basis...