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04-24-2009, 12:51 PM
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#1 | Ubereem Mod
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| Pontiac - Death.
Good bye - RIP http://money.cnn.com/2009/04/24/auto...ion=2009042414 Quote:
GM to pull the plug on Pontiac
The brand credited with originating the muscle car will no longer be part of GM's future, according to a source.
By Peter Valdes-Dapena, CNNMoney.com senior writer
Last Updated: April 24, 2009: 3:40 PM ET
NEW YORK (CNNMoney.com) -- General Motors is preparing to announce that the Pontiac car brand, once marketed as GM's "Excitement division," will be killed off, according to a source familiar with the decision.
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.
In its most recent "viability plan" - which will be updated to reflect this new brand cut - Pontiac was not named as one of GM's four "core brands." Those are Chevrolet, Buick, GMC and Cadillac. But Pontiac was also not to be killed or sold off, as were Saturn, Saab and Hummer.
Instead Pontiac was to continue on as a "niche brand" focusing on just a few models.
That was already a step down for Pontiac which in 2008 was the third-best selling brand behind Chevrolet and GMC. That year the brand sold more than Cadillac and twice as many vehicles as Buick. Cadillac is a high-profile - and high profit - luxury brand while Buick is a hugely popular brand in China and is seen as resurgent in the United States.
In 2005, GM (GM, Fortune 500) vice-chairman Bob Lutz referred to Buick and Pontiac as "damaged brands" during a conference at the New York Auto Show. That set off speculation that one or both of these brands was doomed.
With a focus on affordable luxury, Buick's hopes have been revived by models like the popular Enclave crossover SUV. Improvements in Buick Quality, which earned a top ranking in a recent J.D. Power dependability survey and a public acknowledgement by President Obama, have also helped Buick keep its place in the shrinking pantheon of GM names.
Pontiac performance
Pontiac's association with performance dates back to the late 1950s and early 1960s. Pontiac cars were designed with wider bodies for cosmetic reasons and the wheels were pushed out to match. This "wide-track" design became a selling point and was advertised as giving Pontiac cars a distinct cornering advantage over other cars.
But the idea of Pontiac as a performance brand was solidified in 1964 with the creation of the Pontiac Tempest LeMans GTO. That car quickly evolved into, simply, the GTO and is often credited with creating a new class of American car, the muscle car.
Under Lutz, plans were formed to bring back some actual excitement to the Pontiac brand, which hadn't seen much since the Firebird - a flashier Pontiac version of the Chevrolet Camaro - ended production in 2002.
One strategy floated for Pontiac was to sell only, or mostly, rear-wheel-drive cars. That would set it apart from other GM divisions, and most cars sold in America. Rear-wheel-drive is associated with performance brands like BMW.
Unfortunately, the re-introduction of the Pontiac GTO name on a performance coupe imported from Australia didn't result in big sales. So far, the Pontiac G8, a rear-wheel-drive four-door sedan also imported from GM's Australian Holden division, hasn't been a sales success either, despite good reviews.
Pontiac's most popular products remain the G6, a decent but unexciting midsize car available as a sedan, coupe or convertible, and the Vibe, a small wagon shared with Toyota, which sells it as the Matrix.
Any plans to return Pontiac to the heavy-horsepower days of the '70s ended as gas prices rose and Congress prepared stricter fuel economy rules for the industry.
Those pressures resulted in GM quietly introducing the Pontiac G3, which had been sold in Canada only. Once again, Pontiac was selling a rebadged Chevrolet product, this time the Korean-built Aveo subcompact car.
Pontiac's current role in GM seems mostly to be to support GMC and Buick by providing a brand under which Pontiac-Buick-GMC dealers could sell non-luxury cars, filling out what then becomes a full-line showroom.
The brand-channel strategy now makes it easier for GM to phase out the brand because it would cause less harm to dealers, independent business protected by strong state franchise laws. When GM phased out Oldsmobile in the early 2000's, it cost GM more than $1 billion to buy out the contracts of Oldsmobile dealers who were left with nothing to sell.
This time, most Pontiac dealers will have other products to sell. |
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04-24-2009, 12:58 PM
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#2 | I answer every Emotion with an emoticon
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damn, no more Solstice & Sky. That kinda sux
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04-24-2009, 01:02 PM
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#3 | Need to Seek Professional Help
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No more G8 GXP or Solstice, just when Pontiac starting making good cars again. Damn.
Guaranteed GXP's prices are gonna rocket now, they're already rare enough.
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04-24-2009, 02:27 PM
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#4 | I contribute to threads in the offtopic forum
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out with pontiac, in with oldsmobile?
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04-24-2009, 02:34 PM
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#5 | y'all better put some respeck on my name
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Really sad to see GM crumble to the ground.
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04-24-2009, 04:05 PM
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#6 | Need to Seek Professional Help
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GM can easily rebadge any of those cars under the remaining brand.
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FD coming back online~
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04-24-2009, 04:10 PM
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#7 | WOAH! i think Vtec just kicked in!
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^
yep stick with the old business model, i mean it really worked right? lol
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04-24-2009, 06:17 PM
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#8 | Proud to be called a RS Regular!
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i have to say i wont miss the solstice at all
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PSI2HI
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04-24-2009, 06:33 PM
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#9 | Unofficial Tin Foil Hat Specialist.
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Chrysler is going down the same fate but I'm sure it will be back under new management.
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04-24-2009, 10:04 PM
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#10 | Media Officer / MOD
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time to get a G8
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04-24-2009, 11:31 PM
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#11 | I WANT MY 10 YEARS BACK FROM RS.net!
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Originally Posted by turbo4g63 i have to say i wont miss the solstice at all | lol
people used to say solstice was a serious threat to mx5/miata
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04-25-2009, 04:39 AM
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#12 | Willing to sell body for a few minutes on RS
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that sucks to hear
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04-25-2009, 10:03 AM
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#13 | I *heart* Revscene.net very Muchie
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Originally Posted by turbo4g63 i have to say i wont miss the solstice at all | Depends what the folks who end up buying Saturn do with the Sky... they could keep building it, who knows..
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04-25-2009, 10:16 AM
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#14 | F**K YOUR HEAD
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Does neone really care about Pontiac (just as a brand)
I mean would it ruin anyones experience driving a chevy G8 (the only decent car they have neways)
or a camaro rather than a firebird?
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04-25-2009, 08:47 PM
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#15 | Witness protection
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i blame everything on the pontiac aztec for killing the pontiac brand!!! |
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04-25-2009, 09:10 PM
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#16 | Proud to be called a RS Regular!
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i blame the pontiac sunflower
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04-26-2009, 02:40 AM
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#17 | My AFC gave me an ABS CEL code of LOL while at WOT!
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Thank the lord Pontiac is no more. Their cars haven't been good in years. Granted, the G8 is kinda cool I have to say, but too little too late. GM has to cut more brands and just become a normal car company.
__________________ 1999 Nissan Stagea RSfourS, White
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04-26-2009, 01:38 PM
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#18 | RS.net, helping ugly ppl have sex since 2001
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no more pontiac. =\
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04-26-2009, 01:50 PM
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#19 | Banned (ABWS)
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i wont miss them at all. sunfires and aztecs plague these streets.
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04-26-2009, 01:56 PM
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#20 | I *heart* Revscene.net very Muchie
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Not so fast, young grasshopper... nothing's confirmed yet: http://media.gm.com/servlet/GatewayS...99&docid=53902
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Don't be the next RS.net statistic - If you drink, don't drive. You'll lose your licence, and the rest of us will laugh at you.
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04-27-2009, 02:50 AM
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#21 | I contribute to threads in the offtopic forum
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pontiac is fail IMO
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UNCE UNCE UNCE! Quote:
Originally Posted by strykn Comparing A&B with deadmau5? Really? I should fucking slap you | 2007 Acura TL 2005 Acura TL....RIP 2003 Honda Accord Coupe V6....RIP |
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04-27-2009, 06:50 AM
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#22 | Witness protection
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Originally Posted by turbo4g63 i blame the pontiac sunflower | sunflower? |
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04-27-2009, 07:32 AM
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#23 | RS.net, where our google ads make absolutely no sense!
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They had pretty decent cars, like the Fiero, the last generation GTP Grand Prix with the 3.8 supercharged motor, Trans-Am.
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04-27-2009, 09:10 AM
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#24 | I contribute to threads in the offtopic forum
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Originally Posted by Synaptik i wont miss them at all. sunfires and aztecs plague these streets. |
Haaahhahahahah Aztec!,, Whoever designed Aztec should die. And GM drove themselves into the ground by putting Aztec into production line.
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04-27-2009, 09:23 AM
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#25 | I *heart* Revscene.net very Muchie
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Yet the new X6 looks exactly like BMW's take on the Aztec...?
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Don't be the next RS.net statistic - If you drink, don't drive. You'll lose your licence, and the rest of us will laugh at you.
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