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post #1 of 9 (permalink) Old 04-28-2009, 08:00 AM Thread Starter
 
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Unhappy Car is Dead; Long Live Car

The Official Word concerning Pontiac
Statement from Susan Docherty, GM North American Vice President, Buick- Pontiac-GMC:

“Anyone who has been associated with the Pontiac brand knows that this was a difficult decision. Pontiac has had a rich and storied history, but unfortunately, despite the efforts of all concerned, the brand has been unprofitable over the past several years. We had hoped in our February 17 Viability Plan to convert Pontiac to a niche brand within the Buick-Pontiac-GMC channel.

However, the Viability Plan as submitted was not acceptable. GM was further challenged to take more significant restructuring actions which would allow the company to be viable even in these unprecedented market conditions and in any future cyclical market downturns. These restructuring actions require further sacrifice by all stakeholders: GM employees, suppliers, investors and dealers.

As part of these renewed restructuring efforts, we spent considerable time formulating Pontiac portfolio scenarios that would allow the brand to be sustainable and profitable long term. Unfortunately after careful evaluation, none of these scenarios proved viable.

Therefore, GM is announcing the phase out of the Pontiac brand by year end 2010. This action will allow General Motors to devote its limited capital and other resources to GM’s four core brands: Chevrolet, Cadillac, Buick and GMC."



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post #2 of 9 (permalink) Old 04-28-2009, 12:43 PM
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This coupled with the 42% dealership reduction notice does not bode well for anyone not having a bowtie or crest and wreath on the sign outside.

Last edited by hitman1970; 05-04-2009 at 09:00 PM.
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post #3 of 9 (permalink) Old 04-28-2009, 07:45 PM
 
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GM - Pontiac = minus me
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post #4 of 9 (permalink) Old 04-30-2009, 02:24 PM
 
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I guess I'll have to go with a "FORD", GM can't seem to get any thing right!
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post #5 of 9 (permalink) Old 05-03-2009, 10:11 AM
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Ford does seem to be doing well these days. 2010 Taurus SHO is quite a ride.
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post #6 of 9 (permalink) Old 05-03-2009, 11:21 AM
 
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G8 GT is way better than the Taurus SHO..

I believe the SHO is a 39 grand vehicle..

I'd take a G8 GT over that anyday of the week.

Just drove the G8 GT last week and its a four door corvette as far as I'm concerned..

I hope GM keeps the Holden G8 alive within Chevy..
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post #7 of 9 (permalink) Old 05-04-2009, 02:38 PM
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Quote:
Originally Posted by JBsC6 View Post
G8 GT is way better than the Taurus SHO..

I believe the SHO is a 39 grand vehicle..

I'd take a G8 GT over that anyday of the week.

Just drove the G8 GT last week and its a four door corvette as far as I'm concerned..

I hope GM keeps the Holden G8 alive within Chevy..
I agree with you. I have a G8 GT and paid 11k less than the 39k Taurus.

Once Pontiac is gone it is just something else to look at. You could get a Caddy CTS-V and spend some real $$.
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post #8 of 9 (permalink) Old 05-05-2009, 08:34 AM Thread Starter
 
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Or for the same money as the SHO you could get a North American Car of the Year - Hyundai Genesis. Laugh all you want, but it is RWD and V8 and maybe they knew what they were doing pricing it much higher than the G8. At least they are still around.



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post #9 of 9 (permalink) Old 09-10-2009, 12:49 AM
 
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I couldn't bring myself to buy a Ford so I bought a 09 G5 instead to go with my G8GT,now I have speed and beauty along with good gas mileage. Hopefully they will both out live me,I don't know what the rest of you will do not knowing what it's like to drive a Pontiac. This is sure a sad day for our great country!
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