GM to pull the plug on Pontiac »
Posted By Aidenag 6 months, 2 weeks ago in Business & Finance
The brand credited with originating the muscle car will no longer be part of GM's future, according to a source. 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.
Read Full Story at money.cnn.com »
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Aidenag
Photographer by day, news junkie by night. My main areas of interest are politics and the environment.
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Kahntender016 months, 2 weeks ago
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The G8 is nice... depending on which model you choose. Trying to compete with the high-end luxury cars of Europe is insane. The names BMW and Mercedes denote luxury, class and excellence. The name Pontiac... well, it just doesn't. That being said, people who have the money to afford the G8 can just as easily pay $5000.00 for a superior European product.
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The beefy V8 egine option for the G8 is what this car needs. It gives the car a more "muscle car" edge to the model. Plus, this is what Pontiac is known for--affordable muscle car lookalikes.
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Kahntender016 months, 2 weeks ago
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Just as my '02 Grand AM GT is unexpectedly stalling without cause (according to the garage). I think there is a kill switch that was activated by GM when my car was paid off. Either that or my fine GM product caught wind of the impending filing for bankruptcy and is protesting driving. Whatever sickness my car has is contagious because I feel like throwing up right now...
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FrankHummel6 months, 2 weeks ago
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It is SAD that many fine traditional product lines and old names now have to be retired --- but there is hardly any choice any longer.
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What I have heard theorized is that GM is now looking to split itself into two pieces, corraling its VIABLE businesses and assets into one of them and letting the other go bankrupt.
But those VIABLE assets will include the Chevy VOLT --- which is CLEARLY the prototype of the whole automotive technology of the future, since it points the way to ELIMINATING up to seven-eighths of "our" abject, addictive dependency on foreign OIL!
GM has also, as I understand it, put in for $2.6 Billion in "bailout" funding to COMPLETE the Volt initiative (which has already been just about completely engineered and is all but "ready to go" --- having been "under development" for the past two or more years now already), and that plans are now afoot to extend the technology to the Cadillac and Buick lines as well.
And THAT, I submit, would be about the SMARTEST $2.6 Billion the government will have spent in the whole massive attempt to underwrite the reestablishment of a functional economy for this nation. For THAT would be the "skeletal framework" on which the whole automotive industry could be rebuilt!
But better get busy actually WORKING on all of that, folksfolks --- for, contrary to FALSE notions fondly perpetuated by many of the older heads among us --- "we" are NOT any longer (if indeed "we" EVER actually were) the only center of technological advance in the world! The EUROPEAN counterpart of the VOLT (which has been jovially dubbed the AMPERE) is now SLIGHTLY AHEAD in the "development derby" --- having now been UNVEILED already at a major European auto show. And you can BET that all those clever folks over in ASIA must ALSO be "hot on the trail" as well!
I submit that it is WAY PAST high time to be nostalgically longing for the "good old days" of "business" to come back --- and time to instead "roll up our sleeves" and GET BUSY doing the ALTERNATIVE ENERGY THINGS that are going to be needed in the aftermath of "cheap, easy" oil. Those technological alternatives DO EXIST, and they HAVE INDEED been "explored", investigated, and many of them even "piloted" going back MANY YEARS NOW ALREADY. What needs to happen now is that they are actually going to have to be IMPLEMENTED --- and that "green-collar-economy" about which many have been talking NEEDS TO ACTUALLY BE INSTITUTED AND SERIOUSLY PURSUED.
So get busy DOING that, people, instead of milling about aimlessly like cattle in holding pens at a slaughterhouse. If WE don't do the job --- you can RELY on it that OTHERS ELSEWHERE WILL do it "for" us. And I wonder how many people here will then enjoy being in a position of "economic subservience" to folks of OTHER ethnicities and cultures...
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