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In early May 2009, Jim Waldron, a Davison, Michigan, Pontiac dealer, announced that he was interested in purchasing the Pontiac brand and logos and had found financing to purchase them and some soon-to-be shuttered GM plants in order to build cars. However, GM had already decided to retire the brand as it has begun to sell off its remaining ...
Pontiac (/ ˈ p ɒ n (t) i æ k / PON-(t)ee-ak) is a city in and the county seat of Oakland County in the U.S. state of Michigan. [3] Located roughly 26 miles (41.8 km) northwest of downtown Detroit, Pontiac is part of the Detroit metropolitan area, and is variously described as a satellite city or suburb of Detroit.
The location that Oakland inhabited was the original site of Cartercar when GM bought the company in 1909 by William Durant. [1] The plant ceased production of full-size Pontiacs after the 1980 model year but continued to build mid-size Pontiacs ('81-82 Grand Prix, '81 LeMans, '82 Bonneville G) until being idled on August 6, 1982. [2]
By 1919, Wilson Foundry & Machine Company, Detroit Weather Proof Body Company and Pontiac Drop Forge Company were some of the diverse property owners. [4] [5] General Motors ownership of the site began with its acquisition of Rapid Motor Vehicle Company and its plant at 25 Rapid Street in 1909. The Rapid Motor Vehicle facility became Plant 1.
Oakland's part in this plan was the 1926 Pontiac, a shorter-wheelbase "light six" priced to sell at a four-cylinder car's price point, but still above Chevrolet. Pontiac was the first of the companion marques introduced, and in its first year sold 49,875 units. [3] By 1929, GM sold 163,000 more Pontiacs than Oaklands.
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