GM's Lutz

GM’s Vice Chairman made a bold statement saying that the US Government should slowly increase tax on gasoline prices to force US Consumers into smaller and more efficient cars. “I’d say the best thing the (U.S.) government can do is to raise the gas tax by 10 or 15 cents a year until it reaches European levels,” Mr. Lutz told the Wall Street Journal at the Paris Motor Show.

In Europe people buy $30,000 Golfs,” Lutz said. “People are willing to pay lots of money for extremely well equipped, fuel-efficient cars.”

Source: Leftlane News via WSJ
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, GM, Hybrids, News, Fuel, Gas, Gas Prices[/tags]


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  • andrew

    Way to go Lutz!… Encourage higher gas prices while they are at an all time high! AND!!! Continue to produce gas guzzling SUVS!!???

    Somebody please tell Mr. Luts that high gas prices encourage smaller fuel efficient cars. GM isn’t known for these types of cars! The Asians and Europeans are!

    Keep your mouth shut Lutz… let your advertising and marketing people do that for you!!!… (Holy crap (how do people like this get into such powerful positions?)

  • egmcartech

    Previously reported: MORE HUMMERS Models on the way!!!

    http://www.egmcartech.com/2006/09/29/more-hummer-models-coming-soon/

    Where Lutz “Hummer needs some more products. It needs two or three more products to give it sufficient market coverage. Some of the Hummer models we might see, according to Lutz, include a small Hummer set to compete against the Jeep Wrangler and a long-bed pickup truck.