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Officially Official: GM kills Pontiac
by Chris Paukert on Apr 27th, 2009 at 8:50AM
Rumors from late last week have come home to roost, and as part of its restructuring efforts, General Motors has just announced that Pontiac will be phased out by the end of 2010. GM will continue to build its accelerated viability plan around four brands: Chevrolet, Cadillac, Buick, and GMC.
As part of its latest announcement, GM also announced that it plans to have "the resolution" of Saab, Saturn, and Hummer by the end of 2009 "at the latest."
A media conference call is scheduled for later this morning and we will have more details and analysis following that, but for now, the official press release after the jump.
[Source: General Motors] Read more →
by Chris Paukert on Apr 27th, 2009 at 8:50AM
Rumors from late last week have come home to roost, and as part of its restructuring efforts, General Motors has just announced that Pontiac will be phased out by the end of 2010. GM will continue to build its accelerated viability plan around four brands: Chevrolet, Cadillac, Buick, and GMC.
As part of its latest announcement, GM also announced that it plans to have "the resolution" of Saab, Saturn, and Hummer by the end of 2009 "at the latest."
A media conference call is scheduled for later this morning and we will have more details and analysis following that, but for now, the official press release after the jump.
[Source: General Motors] Read more →