#BobLutz

In an on-air interview Friday with CNBC’s Power Lunch, former General Motors executive Bob Lutz claimed American electric vehicle maker Tesla is “going out of business.”

Although semi-retired from the automotive industry, Bob Lutz still has his fingers in a lot of pies and continues to provide insight into the vehicular world as he sees it through veteran eyes.

Former General Motors vice chairman Bob Lutz and Henrik Fisker have announced a new, US-based luxury sports car company… again.

Fisker’s new owners are teaming up with Bob Lutz to help make the V8-powered Karma a reality.

It’s one of the greatest performance brand’s America has ever produced and it was killed by politicians. That, at least, is the assertion of former General Motors product boss Bob Lutz in a new interview.

VL Automotive’s plans to build a series of Corvette-powered revisions of the Fisker Karma range-extended electric vehicle is moving ahead.

The Automotive Hall of Fame will be inducting five new members on July 25, and among the group are the founders of Aston Martin and former Vice Chairman of General Motors, Robert Lutz.

Fisker’s fall from grace is well documented, and it appears that the value of the company is plummeting in the eyes of potential buyers.

Bob Lutz of former General Motors vice chairman fame enjoyed a short stint on the advisory board of Lotus, and one of the perks of signing on to the British automaker’s board was to get an Evora of his own to drive.

With Dany Bahar ousted as CEO of Lotus, the British automaker has already announced to scale back the ambitious plans of its former CEO, while looking at a more reasonable product development plan.

Former GM vice chairman and outspoken Chevrolet Volt advocate Bob Lutz is endorsing Mitt Romney despite his condemnation of the auto industry bailouts.

The Chevrolet Volt has been a media glutton as of late, attracting more attention (and the wrong kind of it) than any one single car in quite a few years, and former GM Vice-Chairman Bob Lutz is not shy about sharing his feelings on the misinterpretation of Volt statistics  in the public realm.

Legendary auto executive Bob Lutz will return to General Motors as a part-time consultant, according to the automaker. “Maximum Bob” retired in May 2010 at the age of 79, but has retained a high profile in the industry ever since.

Maximum Bob would have run as a Republican, under the platform of revitalizing the state’s sagging economy. But once he realized how much money is thrown at such a campaign, he abandoned the idea: he, like GM and the entire state of Michigan, was strapped for cash. Coupled with the endless meetings with advisors and a campaign trail where he’d have to both deal with journalists and kiss babies—and possibly Michael Moore—and he presumably pronounced the entire idea as a “total crock of sh-t.”

In his book, “Car guys versus Bean Counters,” the indomitable Bob Lutz talks about many things relating to General Motors. He talks about how the company is now on track, giving credit to former CEO Ed Whitacre and his replacement Dan Akerson.