Thursday, February 17, 2011

The Car Exam News #36: The Cadillac CTS sedan recalled, and the Feds don't want Bob Lutz back at GM?



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The Cadillac CTS sedan recalled again: Automotive News reports that GM is recalling over 400,000 Cadillac CTS sedans (2009-2010 model years) because of a problem with one of the rear wheels (the rear tow link). The problem could lead to one of the rear wheels becoming unstable; GM says no injuries or lost lives have been reported because of the faulty part, and about one in 20 of the cars recalled will have the part replaced. GM should start notifying customers soon about the recall.

Source: Automotive News (http://www.autonews.com/apps/pbcs.dll/article?AID=/20110216/RETAIL05/302169946/1260) 2/16/11



The feds may be saying just say "no" to a Bob Lutz return to GM--at least for now: The Daily Beast reported that General Motors wants to rehire former chief of vehicle development, Bob Lutz, as a consultant for the company, but that the U.S. Department of Treasury doesn't want that to happen, because if he is paid so close to the time he retired from GM, it may be considered a "golden parachute" to the 79-year-old Lutz. This could change in about three months, though, since a year will have passed since his retirement. If GM can get Bob Lutz back on board, it will regain a knowledgeable force in the auto industry.

Source: The Daily Beast (http://www.thedailybeast.com/blogs-and-stories/2011-02-15/bob-lutz-may-come-back-to-gm-but-the-government-is-balking/) 2/15/11

P. Scott


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