Lutz Fires Back at York, Takes Out Own Foot

By
Davey G. Johnson
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In response to Kerkorian crony Jerry York's recent salvo at GM execs, Lutz had a few choice words about executive salaries at the Ren Center:

The capability of successfully trying to turn around an unsuccessful automobile company is a very rare and highly sought after skill set. And you do the shareholder no good whatsoever by reducing compensation to the point where everybody leaves."

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  • English

Suggested Reading

Toyota Won't Build A Manual 4Runner Because There's No Demand For It
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Subtitles
  • Off
  • English

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Uh, Bob? Did you hear what just came out of your mouth? Or were you too busy trying to fit your foot in there to listen to yourself?

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York v Lutz: Mo Hits in Motor City [DetroitWonk]

Related:
Kerkorian s Right-Hand Man Gives GM the Back of His Own [Internal]

GM Death Watch 50: 399 Days and Counting [The Truth About Cars]