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Old 01-12-2009, 08:33 AM   #1 (permalink)
Jason
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Join Date: Dec 2001
Location: Pasco, FL
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Official: GM shrinking to four brands; Pontiac to four models

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/o...o-four-models/
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