On fastlane.gmblogs.com Bob posted a follow up to today's the news.
QUOTE
Zeta Not the End of RWD Performance
By Bob Lutz
GM Vice Chairman
Some news broke today about a reshuffling of our product plan, and I just want to clear one thing up before people get carried away.
Yes, we have canceled our plans to build rear-wheel-drive vehicles off the Zeta architecture. But that does not mean we've canceled plans to build rear-drive vehicles altogether.
We did not cancel the Zeta plans to save money, or to divert funds elsewhere that would've been used for product development.
We are simply reallocating resources (human and financial) to pull some other programs ahead and get other vehicles to market sooner. The press speculates this means we're doing it to get our next-generation large SUVs and pickups out sooner. You could see how one might reasonably come to such a conclusion.
Rest assured, we remain committed to developing RWD, premium, high-performance, affordable vehicles, perhaps even a few with a trace of nostalgia baked in.