"It remains a fact that the American public buys big, high consumption cars," GM Vice Chairman Bob Lutz said this week, adding it's "wrong to hope that Americans will massively rush to economical vehicles."
Poornima Gupta and Gilles Castonguay, Reuters June 10, 2009.
DETROIT/MILAN (Reuters) - Fiat SpA closed its acquisition of Chrysler's strongest assets on Wednesday, a key step in the Italian carmaker's ambitious plan to create a global player to ride out the worldwide auto sales downturn.