Wednesday, October 28, 2015

Detroit exec Bob Lutz (rhymes with putz) claims all-electric Tesla is doomed to fail


In the 1990s, hundreds of people died in accidents involving the Ford Expolrer and other vehicles equipped with Firestone tires, below.




By VICTOR E. SASSON
EDITOR

There is no way to know how many defective cars were produced when Bob Lutz was a senior leader at GM, Ford and Chrysler or how many people died as a result.

Lutz is credited with bringing the first Ford Explorer SUV to market in 1990, leading to a series of fatal rollover accidents when the vehicles were equipped with defective Firestone tires.

The auto executive also served, until 2010, as vice chairman of General Motors, where he was instrumental in the production of the Chevy Volt, a plug-in hybrid the news media incorrectly calls an electric car.

Now, in a column for Road & Track magazine, Lutz claims Tesla Motors is doomed to fail because the California company is losing money on every all-electric car it sells.

Lutz apparently doesn't address why two of the successful auto companies he was involved with, General Motors and Chrysler, only exist today because of federal bailouts.

Nor does he explain why the Big Three consistently produce defective cars that kill hundreds of people every year.

Keep in mind that Lutz rhymes with putz.