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FRONT PAGE  |  6/27/2019
SUNDAY, APR 26, 2009  |  1 comments
GM to pull the plug on Pontiac

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.

In its most recent "viability plan" - which will be updated to reflect this new brand cut - Pontiac was not named as one of GM's four "core brands." Those are Chevrolet, Buick, GMC and Cadillac. But Pontiac was also not to be killed or sold off, as were Saturn, Saab and Hummer. ...


CLICK HERE to Read Entire Article
money.cnn.com

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News Item4/27/09 2:51 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
The Oldsmobile was considered the best built of the GM products, and it was the first to be dropped.

I suppose GM will either find a way to have affordable high quality cars, with the high costs that they have, or they will go broke.

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