OT: Anybody hear about Pontiac? |
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OT: Anybody hear about Pontiac? |
dbgriffith75 |
Apr 28 2009, 04:36 PM
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#1
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TheGrif Group: Members Posts: 509 Joined: 25-July 07 From: Iowa, USA Member No.: 7,945 Region Association: Upper MidWest |
There wasn't a lot of detailed discussion about it, but on the morning talk show they were saying that by this time next year, GM will have discontinued production of the Pontiac brand.
Just wondering if anybody else heard about this? |
rfuerst911sc |
Apr 28 2009, 06:34 PM
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#2
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Advanced Member Group: Members Posts: 2,158 Joined: 4-May 06 From: Dahlonega , Georgia Member No.: 5,980 Region Association: South East States |
GM is going to be a mere shell of itself very soon. They will probably end up filing chapter 11 bankruptcy and will shed more than just Pontiac,Saturn,Hummer and Saab. I bet GMC and maybe Buick will be gone. At least 1000 - 1200 dealerships will close or be forced to sell other brands. While it can be said management really screwed up GM it's the every day line workers that will suffer. It's sad. Hopefully in the end they come out as a viable business with a plan for the future. Chryslers not far behind.
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