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Pontiac, or formally the Pontiac Motor Division of General Motors, was an American automobile brand owned, manufactured, and commercialized by General Motors. It was originally introduced as a companion make for GM's more expensive line of Oakland automobiles. [ 3 ]
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
In US Congressional hearings on December 2, 2008, General Motors announced its intentions to focus on their four core brands (Chevrolet, Buick, Cadillac, and GMC), with the sale, consolidation, or closure of Saturn and the remaining brands (Pontiac, Hummer, and Saab, with Oldsmobile having already discontinued production in 2004). [12]
This just in: A Midwest expat is urging GM to revive the Pontiac brand, a retiree mourns decline in car quality, a reader is frustrated with the GOP. Dumping Pontiac was a mistake. GM should bring ...
The profitability of the model lineup and popularity in China ensured Buick's future within General Motors, with the decision being made to discontinue the Pontiac brand instead. [ 35 ] Since 2005, GM had gradually consolidated Buick with GMC and former Pontiac dealerships to create the current Buick-GMC network.
Although first-year production was planned at 7,000, GM apologized to customers for delays and increased production, delivering 10,000 by March 1. Interior of a 2006 Pontiac Solstice. Following the 2008 economic recession, GM discontinued the Pontiac division. Production ended with the closure of the Wilmington Assembly plant in July 2009.
GM A platform GM T platform: 6 Compact (1962–1963), mid-size (1964–1981), subcompact (1987-1993) 2+2: 1964 1967 GM B platform: 1 Full-size car, upper trim of Catalina (1964) and GTO GTO: 1964 2006 GM A platform GM X platform GM V platform: 5 Muscle car, later compact car Executive: 1966 1970 GM B platform: 1 Middle range full-size car ...
A 1932 Pontiac. Established in 1926 as a companion of Oakland, it was the first marque released as part of the companion make program. Sloan, who had replaced du Pont as GM president in 1923, [18] decided to create various "companion makes" to fill the variety of gaps that had developed in the original pricing hierarchy. [19]