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U.S. markets recover from steep losses
DETROIT, Sept. 3 (UPI) -- General Motors says it has brought former Chairman Bob Lutz back as a special consultant.
Lutz, 79, will serve as a part-rime adviser on product-development and any other issues in which his expertise is needed, the automaker said in a written statement.
"With more than four decades of experience, there is virtually nothing he can't offer advice or an opinion on," GM spokesman Jay Cooney told The Detroit News.
Lutz retired last year after 47 years in the auto industry. He developed the Buick Regal and Chevrolet's electric Volt during his tenure with GM.
The News said Lutz had been informally offering his insights to GM executives since stepping down. His return comes at a time the auto industry is trying to maintain its momentum despite the sluggish economy.
"The company is in great shape and is being extraordinarily well-led," Lutz said in a written statement. "I have seen the 'post-Lutz' products, and they're great. But they value my opinion, and, as you know, I enjoy offering it."
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