Demand for cars in the US is likely to rise to up to 12 million units this year as the economy has bottomed, General Motors Vice Chairman Bob Lutz told CNBC on Monday.
But Lutz did not want to say whether he thought GM, which emerged from a brief period spent in bankruptcy last year in July, would be profitable this year.
"I think the goal would be to make money on an operating basis…we're sure going to fight for profitability," he told "Squawk Box."