Official: GM shrinking to four brands; Pontiac to four models

[jason]

In an interview Sunday with Automotive News (sub. req'd), Troy Clarke, GM's North American president, said that General Motors will be able to make good on its promise to Congress to drastically cut costs. Clarke said that GM will now focus its "product and marketing resources" on Buick, Chevrolet, Cadillac and GMC. That would leave Pontiac, Saturn, Saab and HUMMER in automotive limbo. As part of that same plan presented to lawmakers, GM said it would sell or close Saturn. And since no one has yet stepped forward with cash, the future is not at all certain for the unique brand despite what GM's marketing VP Mark LaNeve says.

http://www.autoblog.com/2009/01/12/official-gm-shrinking-to-four-brands-pontiac-to-four-models/

 

[Marth]

Good to hear GM's actually trying to turn their numbers around now. Does anyone know if the government ever went through with the Automotive bailout?

 

[skeller]

Government did go with the bailout for GM since they already filed for bankruptcy. But personally I don't think that it would be a big help for them. What I'm worried is that what will happen to the last cars of whatever brand they decide to discontinue. Say, if they stopped producing Cadillac altogether, just what will happen to the recently released cars when an issue arises with its cadillac parts? Just like what's happening to Pontiac right now.

 

[Autoseller]

After this year, all GM models would go through "downsizing" and shrink in length.