Word: lutz
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...will leave behind a noticeably happy family at Chrysler. Last spring he chose as his successor Robert Eaton, the chief of GM's successful European operations, which rankled some Chrysler insiders at first but has produced a smoothly working triumvirate that includes the former heir apparent, president Robert Lutz. Iacocca sees the upheaval as a positive force. "We do run better scared," he says. "When we have trouble, we're used to that. That has been the beauty of Chrysler for 50 years." While Chrysler still has $15.9 billion in debts rated at junk-bond levels, last month the company...
...England's oldest donation-supported coffeehouse trotted out a concert lineup of such local artists as Ellis Paul, winner of the 1989 Boston singer-songwriter contest, Fred Small, just returning from a tour of Australia, and Lutz Elena Beltran, discovered in a statewide Nameless talent search...
...Lutz, 60, on whom Iacocca held an effective blackball...
With that kind of talk still in the air, it's little wonder that many have not ruled out Lutz as the eventual winner. While the Chrysler president graciously pledged allegiance to the new order last week, friends say he has not given up. "Lutz has an interesting problem," says a confidant. "He has to figure out whether his real enemy is Eaton or Iacocca. Lutz is just saying he lost the first round and is still going to get it by default. Meanwhile, he is going to stand aside and let Eaton take the heat and get chewed...
...step back in time with the 400-h.p. Dodge Viper RT/10, a performance machine that has sports-car fans salivating even before the limited-edition coupe hits the streets (only 300 will be produced this year). The Viper grew from a 1989 challenge issued by Chrysler president Bob Lutz to design chief Tom Gale and engineering director Francois Castaing: develop a classic sports car that could match the machines of old. Legendary Cobra designer Carroll Shelby, now a Chrysler consultant, was brought in to be "the conscience" of the Viper. "We set out to make a car that was just...