agent Entrepreneur logo
MenuMENU
SearchSEARCH

Ex-Car Czar to Visit Metro Detroit - Eventually

October 23, 2010
2 min to read


WASHINGTON — Former auto czar Steve Rattner said Friday he still expects — eventually — to visit Metro Detroit to tout his memoir "Overhaul," despite getting uninvited by the Detroit Economic Club.


Rattner, whose book is an insider's look at the government's auto industry bailout, told reporters in Washington Monday that he still planned a visit to Detroit next week, as part of his book tour, The Detroit News reported.

Ad Loading...


He was to speak at the prestigious Detroit Economic Club on Oct. 26.


But the invitation was withdrawn after reports surfaced that he is close to settling a Securities and Exchange Commission investigation into a "pay to play" scandal involving his former firm's solicitation of an investment from the New York State pension fund.


Reached by e-mail Friday, Rattner said he plans to "skip Detroit for now," but hopes to come around the time that General Motors Co. launches its initial public stock offering, in late November.


In canceling his appearance, the Economic Club said Monday: "We do not believe it is appropriate to proceed with this meeting, given the recent settlement between Mr. Rattner and the U.S. Securities and Exchange Commission."


Rattner didn't address the club's decision to disinvite him.

Ad Loading...


In his book on the auto bailout, Rattner writes critically of many former GM and Chrysler Group LLC executives, blasting the management that oversaw the companies for failing to change.


Rattner is scheduled to promote his book in Los Angeles today, and in Seattle, Chicago and Toronto next week.

More Industry

Hyundai logo and 40 Years in America in front of a starry background
Industryby Lauren LawrenceMarch 5, 2026

Hyundai Celebrates U.S. Milestone

The South Korean automaker said it supports 570,000 jobs in the U.S. with a planned investment of $26 billion between 2025 and 2028, according to President and CEO José Muñoz.

Read More →
Showroomby Lauren LawrenceMarch 4, 2026

Used-Vehicle Program Aims to Draw More Buyers

GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.

Read More →
Industryby Hannah MitchellMarch 2, 2026

Meet the Editor: Hannah Mitchell

A longtime newspaper journalist, Bobit Dealer Group's editor was raised on news back in the South. Now she brings that news-hound ethic to our four auto retail magazines.

Read More →
Ad Loading...
Summit Updatesby StaffMarch 2, 2026

Enhance Your Dealer's F&I Workflow at Agent Summit

This session is designed to equip general agents with actionable strategies that can help their dealers enhance the efficiency of financial services managers.

Read More →
Industryby Hannah MitchellMarch 2, 2026

Auto Brands Hold the Line on Retention

A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.

Read More →
F&Iby Lauren LawrenceFebruary 27, 2026

Price Driving Insurance Churn

Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 26, 2026

AI Drives Dealer Website Traffic

Total visits to dealer websites from generative artificial intelligence platforms grew more than 15 times year-over-year, signaling a shift in how many consumers shop for cars online.

Read More →
Industryby Hannah MitchellFebruary 26, 2026

Automakers Tops in Fuel Economy

In the U.S., Honda has the most efficient gas-electrified combo lineup while Tesla beats all automakers in annual EPA ranking as brands built their alternative-fuel offerings.

Read More →
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Ad Loading...
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →