Pontiac Terminated By GM - Instablogs
Pontiac Terminated By GM
Marco Villa , Connecticut: Apr 27 2009
Made Popular Apr 28 2009
United States :

Pontiac Terminated By GMAfter attempting unsuccessfully for months to sales its slagging Pontiac brand, General Motors has decided to end the brand. What follows will be painful buyout of Pontiac dealers at a time when GM is on a federal lifeline saving it from bankruptcy.

This move is long overdue. For years, GM coasted by with mediocre cars. It could afford to do so when Americans did not have much choice. But, alas, for GM, this is the world of globalized choice. And such stale brands no longer hold. Pontiac has to be one of the most unoriginal and boring car brands. GM needs to rid itself of such dead-weight so it can concentrate resources and time into better brands.

Pontiac represents an earlier time when people expected less from their cars. Not they wants roomy, gadgets and style. Pontiac does not deliver any.

What would be better for GM is if it shed Pontiac while under Chapter 11 bankruptcy. That way it would be saved a lot of money and negotiating time because Chapter 11 served the purpose of a quick and orderly corporate restructuring.

The fear is that now GM could be held up by bitter Pontiac dealers and their lawyers trying to sequeez as much as they can from the company at a time when it can ill afford such tactics.

Either way, the hopeless Pontiac had to go and this is a good move for what GM execs dream to be a more efficient automaker.

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1 Stars
Deck
Baton Rouge, United States
Pontiac has some great cars - G8, Solstice, G6 ... but that's not enough to save a brand that has suffered so much abuse over the years.
1 Stars
Imlitoshi
Sydney, Australia
It's because the G8 is an Australian Holden commodore and it's really going to hurt the local industry in Australia.
(Global Perspectives)
1 Stars
Sedat
Ottawa, Canada
GM has no choice but to reduce the number of models. Its too bad that GM's poor management didn't anticipate this problem years ago but that would have required executives to do their jobs instead of playing golf and checking their bonus plans.
1 Stars
Shakarta
Kansas City, United States
There is no reason why GM has to carry so many brands. I don't know who ever thought it was a good idea to carry so many brands with the same identical cars in each line. They need to keep only Chevy, Cadillac, and Buick. They can fill any consumer need with those three brands. I know they want to keep people's jobs but business is business. If they get rid of those other brands then the sales will go up for the brands they choose to keep. Instead of spreading resources so thin between all those brands, they can focus on marketing just those 3 that actually sell.
1 Stars
Nuya Bidness
Birmingham, United States
So true, there is no reason that there should be 15 different parts that do the same thing either. STREAMLINE
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