GM's Bob Lutz may retire in 2010

Sending the Chevrolet Volt into production might be the last effort of GM's Vice Chairman for Global Product Development, Bob Lutz. The 75-year-old executive has stated that he would like to retire from the automotive giant once they get a plug-in electric vehicle on the market (nevermind that they already had one with the EV1). While a precise date of retirement has not been set, it will possibly occur sometime in 2010. Since Lutz has been one of GM's main champions of the Volt, it is no surprise that he wants to be around for its release. The only worry on his part is the potential for health issues to arise or the chance that the board of directors could decide to move on to a younger team of executives.

[Source: Yahoo Finance]

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