Bob Lutz: Hybrids Unlikely To Ever Make Up More Than 10% Of U.S. Market

Love him or hate him, you’ve got to admire Bob Lutz’s ability to speak his mind, consequences be damned. And, as GM’s Vice Chairman and Volt front man, he’s somebody the world tends to pay attention to.

The same guy who once called global warming a crock of crap has now remarked that the hybrid car market is unlikely to ever comprise more than 10% of the U.S. market. Furthermore, Lutz seems to think that General Motors will always lose money on hybrids, driving up the costs of its other cars. If you ask me, that seems like a bit of a paradox.

(more…)