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Lutz: Sixteen, Velite Are Dead!

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Say it ain't so, Bob, is likely the refrain around the hand-wringing blogs and Detroit outlets today. That's because Maximum Bob--he who would be the first to champion the cars against detractors--says the Buick Velite roadster concept and the Cadillac Sixteen likely aren't going out of concept-car form.

GM had discussed building production versions of both vehicles. And indeed, early this year, Lutz told TheCarConnection.com that the Camaro had been delayed so that its architecture could be stretched and poked and prodded to share with other vehicles--say, a production Caddy Sixteen.

Now, the Wall Street Journal's John Stoll reports that the recent CAFE developments and 35-mpg fuel economy bills have taken the top end off the Camaro's potential. The company has to redirect its priorities, Lutz said in a video podcast this weekend, that GM needs to spend money on alternative-fuel and green vehicles. The Velite "got prioritized out" and the Sixteen "would probably not be an extremely prudent thing to do."

GM won't give up on a potential Cadillac supersedan, Lutz says. But the news for now is more development money to greener cars, and less to dream machines. You can watch Lutz' video here - and let us know what you think with a comment below:

GM's Lutz: Some Concept Cars Killed Over Fuel Economy
--Wall Street Journal


 
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