JOLIET, IL – General Motors Corp. Vice Chairman Bob Lutz says the industry will not sell small cars profitably until consumer demand swings further towards the segment. “Part of it is getting the supply and demand dictated,” Lutz tells journalists at GM’s recent ’09 product preview here. “The profitability of fullsize SUVs was only there because that was what the public demanded. The profit always goes where the public wants it to go.” With demand high and pricing robust, auto makers ...
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