JPHiP Forum
General => General Discussion => Topic started by: JFC on April 25, 2009, 02:08:54 AM
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GM to pull the plug on Pontiac
The brand credited with originating the muscle car will no longer be part of GM's future, according to a source.
By Peter Valdes-Dapena, CNNMoney.com senior writer
Last Updated: April 24, 2009: 4:39 PM ET
NEW YORK (CNNMoney.com) -- General Motors is preparing to announce that the Pontiac car brand, once marketed as GM's "Excitement division," will be killed off, according to a source familiar with the decision.
An official announcement is expected Monday. GM spokesman Jim Hopson declined to comment on Pontiac's fate, saying the automaker has no announcements to make at this time.
FULL ARTICLE - http://money.cnn.com/2009/04/24/autos/pontiac_obit/index.htm?postversion=2009042414 (http://money.cnn.com/2009/04/24/autos/pontiac_obit/index.htm?postversion=2009042414)
Mang, I drive a Pontiac too. :O
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I havent heard of Pontiac releasing any new models that were competitive with other brands, so I'm not worried about this. I'm not suprised by this cos GM has had some major financial problems. Saab is dying and there has been news about Opel quitting too if they dont get financial support from Germany's goverment.
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.... AAAAAAnd it begins. Gotta love those Japanese cars!! :twothumbs