P&A Providers & Administrators
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But the invitation was withdrawn after reports surfaced that he is close to settling a Securities and Exchange Commission investigation into a "pay to play" scandal involving his former firm's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

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →