No Retirement, GM’s Lutz Insists

No Retirement, GM’s Lutz Insists

General Motors Vice Chairman Bob Lutz insisted reports by the Associated Press, picked up by AutoObserver Wednesday, of him considering retirement are not true.

"Read my lips: I am not thinking retirement," wrote Lutz in an e-mail to trade journal Automotive News, which also picked up the story. "The job is better than ever, and so is GM!!!!"

The Associated Press, of course, is standing by its story.

That story, based on an interview with Lutz, said the 75-year-old executive was considering retirement once the Chevrolet Volt plug-in hybrid car came on the market around 2010. Lutz, however, claims he said he would not retire before the launch of the Volt, but didn't mean to imply he would retire then.

Michelle Krebs:  is Editor-in-Chief of AutoObserver.com. Follow @AutoObserver on Twitter.