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Old 06-22-2008, 03:01 AM   #20 (permalink)
vxl
3.8 Liter V6
 
Join Date: Nov 2004
Posts: 446
Re: Pontiac Needs to Close

I would have thought that the last thing GM need do is close another division. Haven't they learned from Oldsmobile that it costs a lot of money to do this, never mind loss of customers. Surely GM hasn't sold all its subsidiaries simply to squander the proceeds? (American Axle springs to mind)A very valid point was mentioned in a previous thread stating how unviable the combined GMC/Pontiac/Buick network would become if one of the brands was removed (hasn't GM just reinforced this dealer approach recently?)

I now believe, in the next decade if GM remains independent, it will have been surpassed by Toyota, Renault/Nissan, VW and probably Ford. GM's fall from grace should be used as proof of the myth of the "great American businessman" - never has a company been so mismanaged.
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