Word: pontiac
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Dates: during 2000-2009
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...announces plans to slash 21,000 jobs, close dealerships and drop the Pontiac brand. Saturn, Saab and Hummer go on the block...
...June, GM announced that it would sell or eliminate four of its brands, including Pontiac, Saab, Hummer and Saturn. "We've been very clear that those brands were going to be sold or shut down," said a GM official, who asked not to be identified. "The expectation is that if you don't sell it, you close...
Chrysler's bankrupt, and Pontiac's going bye-bye. GM's on eBay, claims its Chevy Volt will get 230 m.p.g. and boasts that a $4,000 compact is in the works. Volkswagen is merging with Porsche. TV car guys with names like "Dealin' Doug" are screaming about incentives this and rebates that. And the government's porky cash-for-clunkers effort is ridin' herd on gas hogs...
...which end in November), and there are some huge deals out there. The $16,000 list price on a 2009 Nissan Versa at Boulder Nissan in Colorado can be whittled to under $10,000. A buyer could drive off with a new $18,000 Pontiac Vibe from the Bill Rapp Super Store in Syracuse, N.Y., for $10,000 if he or she does the numbers right. And Lakewood Fordland in suburban Denver will conceivably trim up to $17,000 off a loaded 2009 Ford F250 XLT listed...
...been under pressure from the government's auto task force to cut brands, and Pontiac, one of the brands sacrificed as GM restructured, was a big customer of the NUMMI facility. Toyota pleaded with GM to stay in the venture and offered to build other vehicles at the plant for GM, but to no avail...