Well, it is. Sorry about that, but it is a total crock, and I'd expect someone like Bob Lutz, who has his head screwed on straight, to know that. Lutz is the entire reason GM vehicles have started to both look and drive better than ever: he's a car guy who knows his crap.
Unfortunately a bunch of morons are taking him to task for his personal opinions. Because after all, you don't deserve to be anything if your opinions differ from those of the anointed.