Bob Lutz has put Republican presidential candidate Mitt Romney's numerous past comments about the automotive bailout behind him, according to Automotive News. During a recent episode of "The Kudlow Report" on CNBC, the former auto executive made it clear he now backs Romney for the 2012 presidential election, saying "[Romney] now says he was totally in favor of [the bailout] and suggested it."

In 2008, Romney wrote an op-ed for The New York Times titled, "Let Detroit Go Bankrupt." The piece adamantly opposed the government bailout in favor of a managed bankruptcy for both General Motors and Chyrsler. He has maintained his opposition to the auto bailouts publicly along the campaign trail, and Lutz's comment is the first news we've heard of the candidate's apparent change of heart. As recently as February 18, Lutz himself criticized the presidential candidate for his stance, especially for suggesting that the automakers simply needed to borrow from banks. According to Lutz, the banks were in worse shape than either of the imperiled manufacturers.

But that was then. Lutz now says he forgives Romney for his earlier statements, and that his support has more to do with opposing President Barack Obama than it does any actual faith in Romney's policies. Lutz said, "You know, all is forgiven. It depends on who [Romney's] opponent is."

While speaking with The Detroit News recently, Romney said that if elected, he would quickly sell the U.S. Treasury's stake in GM. He's also criticized the Obama Administration's proposed fuel economy requirements and support of electric vehicle manufacturing and development. Having helped usher the Chevrolet Volt to market, Lutz is a major proponent of electric vehicles.


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  • 173 Comments
      blas
      • 2 Years Ago
      I get it now. Write something about what some guy said about some other guy in politics may have said > Get all the fine folks who leave those so wonderful comments on Yahoo > Comment pillow fight erupts > PROFIT!
      Elliot
      • 2 Years Ago
      Didn't realize Lutz was like a girl in an abusive relationship.
      holysmoke.s
      • 2 Years Ago
      Good lord, the choice is between a very successful business man that knows how to create jobs and wealth, or a person of unknown background that has only written two books about himself. Easy to know why an educated person such as Lutz would pick Romney.
        Myself
        • 2 Years Ago
        @holysmoke.s
        How many jobs exactly did Romney create? For what I know, he has a rich history of buying companies, selling assets and closing them down.
          TMTexas
          • 2 Years Ago
          @Myself
          How many jobs, exactly, did Obama create? Oh that's right, "created or saved" is a fabricated metric devised by his handlers to appeal to ill informed sheep like yourself.
          holysmoke.s
          • 2 Years Ago
          @Myself
          LOL, "Myself" is falling for the Media Matters propaganda machine lies.
          • 2 Years Ago
          @Myself
          [blocked]
        TMTexas
        • 2 Years Ago
        @holysmoke.s
        No kidding, this "president" couldn't run a lemonade stand, much less a nation. Romney 2012
        • 2 Years Ago
        @holysmoke.s
        [blocked]
      Tweaker
      • 2 Years Ago
      Im a republican too but I cannot understand how any car guy who supports the electrification of our transportation system can support Romney. I am voting for Obama solely for his energy policies.
        MTU 5.0
        • 2 Years Ago
        @Tweaker
        You sound more like a Democrat pretending to be a Republican. What are these fantastic energy policies that Obama has advocated for?
          • 2 Years Ago
          @MTU 5.0
          [blocked]
          montoym
          • 2 Years Ago
          @MTU 5.0
          @ Nick: You can blame the poor economy on a lot of that decrease in oil usage. Just wait until the economy kicks back into gear and you'll see oil usage climb again. It's also a large reason why oil prices are falling of late, have you seen what's going on in Europe? Oil is a global commodity you know? Or maybe it's Obama's CAFE changes causing their usage to decrease as well? It's supply and demand and a poorer economy decreases demand. Plus, many of the increases that Obama has passed have barely gone into effect anyhow yet you attribute a decrease in oil usage to those changes? Also, you apparently failed to notice that other administrations (of both parties) have increased CAFE numbers and provided tax breaks for alternative energies as well. It's not as though Obama is alone in that. In fact, the CAFE standards up to 2011 were essentially a continuation of what Bush proposed while he was in office, Obama actually decreased the proposed standards for 2011 by 1mpg from what Bush proposed. http://en.wikipedia.org/wiki/CAFE_standards#2009_Obama_Administration_directive quote - "On January 27, 2009, President Barack Obama directed the Department of Transportation to review relevant legal, technological, and scientific considerations associated with establishing more stringent fuel economy standards, and to finalize the 2011 model year standard by the end of March. This single-model year standard was issued March 27, 2009 and is about one mpg lower than the fuel economy standards previously recommended under the Bush Administration" - The 2012-2016 standards are in effect now, but it's highly suspect to attribute those changes to the decrease in oil usage we see currently. Especially when so many other factors can be attributed as well.
          Zoom
          • 2 Years Ago
          @MTU 5.0
          @mon: You're right, oil is a commodity. It's worldwide supply and demand. So if our cars use less of it, the less it will impact us in the future. That's the right energy policy to have. That's Obama's policy.
          montoym
          • 2 Years Ago
          @MTU 5.0
          It is worldwide supply and demand which means that every bit we use less of will probably be bought up by China or India as their exploding populations demand more and more fossil fuels. How can you say that's Obama;'s energy policy solely? Again, as I mentioned, and you didn't discount, president's of both parties have tightened CAFE standards and worked to issue credits for alternative fuels and energies. It's not as though Obama single-handedly brought about some new amazing ideas.
        Car Guy
        • 2 Years Ago
        @Tweaker
        One word - Solyndra
          Carphanatik
          • 2 Years Ago
          @Car Guy
          Yup, how dare we try to invest in technologies that take advantage of renewable resources. If the price of silicon didn't drop unexpectedly you guys wouldn't have anything to say about it. It's okay though, we'll just keep on drilling!
          blas
          • 2 Years Ago
          @Car Guy
          another word - bird
        ngiotta
        • 2 Years Ago
        @Tweaker
        Romney is a dishonest, elitist and ignorant man. Obama is a dishonest, pandering and hypocritical man. That's why Gary Johnson is going to be my pick.
        turbomonkey2k
        • 2 Years Ago
        @Tweaker
        car guy who supports electrification of transportation?!? talk about your oxymorons
      darkness
      • 2 Years Ago
      Old rich white dudes sticking together......SHOCKING!!!!
      • 2 Years Ago
      [blocked]
        TMTexas
        • 2 Years Ago
        Nick, either you're being raised by hippies or your mom and dad left you alone at the computer again. If he isn't a hippie, go ask your father how the real world works. Then go read Romney's actual Op-ed and try to learn. Remember, reading is fundamental!
          • 2 Years Ago
          @TMTexas
          [blocked]
        Car Guy
        • 2 Years Ago
        You may not like Lutz's political positions but to call him "incoherent" is just stupidity on your part. The man has forgot more about the car industry than you will ever know.
      • 2 Years Ago
      [blocked]
        • 2 Years Ago
        [blocked]
      • 2 Years Ago
      [blocked]
        • 2 Years Ago
        [blocked]
        NeutronStar73
        • 2 Years Ago
        The sheer darkness of your ignorance is only comparable to the brilliance of a summer solstice Sun. And your repeated posts only serve to test your own public embarrassment. Lutz has publicly shown his utter lack of character and judgment when the sole criterion by which he will support a candidate, even one who IS completely opposed to his company's, industry, and his employees' welfare, is "it's not Obama." Mind you Obama saved his shirt.
      Gabbo
      • 2 Years Ago
      Way to go, Bob ! We need to send OWEbama packing ... the sooner, the better.
        BranMM
        • 2 Years Ago
        @Gabbo
        Right Gabbo, the president should have let GM and Chrysler go bust and put tens of millions of Americans out of work. The country would be so much better off, huh?
        That_Dude
        • 2 Years Ago
        @Gabbo
        And I guess you were living outside the country the 8 years before he got into office.....
        ryanandrewmartin
        • 2 Years Ago
        @Gabbo
        Right, so we can get a clone of him right back in there. Makes no difference which team is in office.
      holysmoke.s
      • 2 Years Ago
      LOL, I bet David Brock at Media Matters(George Soro's funded propaganda machine) is working overtime trying to spin this in some positive way for their puppet.
      Polly Prissy Pants
      • 2 Years Ago
      Rich guys always vote their bank accounts first and their ideologies second. That some mega rich 1%'er would back Romney shouldn't really be news.
      • 2 Years Ago
      [blocked]
        Fazzster
        • 2 Years Ago
        Redneck? Mr. Lutz is fluent in 5 languages, a Marine, graduated with high honors from UC, CEO, Vice President, Vice Chairman. In a word, he is very accomplished. Which is precisely why he is not voting for Obama. Accomplished Americans tend to appreciate one another.
          raughle1
          • 2 Years Ago
          @Fazzster
          Exide had to file a $2.5B bankruptcy after Lutz's tenure as CEO. His VP and Vice Chairman stints preceded two of the biggest business failures and bailouts in modern American corporate history (Chrysler and GM). He may not be a redneck, but if that is the kind of "accomplishment" you're talking about, maybe Autoblog should be publishing articles about who Bernie Madoff is supporting for president. Fame and Attention <> Accomplishment.
          • 2 Years Ago
          @Fazzster
          [blocked]
        protovici
        • 2 Years Ago
        Only teenagers today us the word rednecks.
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