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#1 (permalink)
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Administrator
Join Date: Jan 2003
Drives: 2006 Pontiac G6 GTP
2009 Ford Focus SEL
Posts: 14,256
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UPDATE 6/21!: GM Cutting Another Division?
UPDATE!: GM Cutting Another Division? Article Updated June 21, 2008 ![]() UPDATE: Since the publication of this article GMI has had several other sources approach us confirming what was reported; that another brand is being looked at to cut. Our sources are all stating that the BPG (Buick-Pontiac-GMC) brands were the top considerations, but it has since been narrowed to GMC or Pontiac. However, our sources have also used the "Saab" name in discussions we have had with them...however NOTHING regarding the Saab brand has been confirmed by GMI. ------------------------------------------------------------------------------------------------------------------------- Just recently General Motors announced to stockholders that they were "considering" selling their Hummer division due to rising fuel costs and development costs. GMInsidenews learned earlier today that GM is operating Hummer like they will be for-sure selling it. The GMT-700 H3 program has been canceled entirely and the H4 program is being sustained for the next owner. However that is not the big news here. GMI also learned that GM is considering killing off one more division; GMC or Pontiac. At the moment the GM Board of Directors is leaning toward killing GMC as the brand is made up entirely of rebadges. The Board is also taking into consideration that GMC is mostly trucks and SUV's, both market segments that slowly dwindling. They are also toying with placing Saturn into the PBG sales channel if they do end up cutting GMC or Pontiac. This would be done in order to increase sales volume in the channel. Recap: Hummer sounds all but dead internally, another division may not be far off. GMC is the top consideration for cutting, but Pontiac is certainly not far down the list. When GM will decide? We have not been told. Please remember that all of the above are RUMORS and should not be taken as solid fact. Stay tuned to GMI for the latest!! Last edited by nsap : 06-21-2008 at 01:40 PM. |
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#3 (permalink) |
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3.8 Liter V6
Join Date: Jul 2007
Location: Cary, NC
Drives: 1994 Camaro Z28
2000 Camaro
Posts: 337
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Re: GMI Rumor: GM Cutting Another Division?
One more step towards killing the entire BPG sales channel. GMC is all rebadges? Outside of the G8, Pontiac is all rebadges.
Its like what McElroy said just today on Autoblog, how many brands are too many? I say do it, its inevitable anyway. Less overlap will be better in the long run.
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1994 Camaro Z28 2000 Camaro Webshots: My Camaros, the Camaro Concepts, and Buick in China Past Cars: 1974 Chevrolet Monte Carlo - 400ci, 3spd auto, 10 MPG! 1984 Chevrolet Impala - 305ci, the most reliable car I ever owned, miss it dearly 1998 Pontiac Grand Am - I will never buy FWD again. Next Car: 2010 Chevrolet Camaro SS - I've been waiting to order a new Camaro since 2000. The hardest decision now is the color.
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#4 (permalink) |
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3.8 Liter V6
Join Date: Jul 2005
Posts: 303
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Re: GMI Rumor: GM Cutting Another Division?
If GM takes out any single brand, they likely make the majority of BPG points non-viable. Meaning, litigation on a scale that is hard to imagine.
If they kill GMC, they effectively kill the BPG channel, as there is no way any point can survive on PB. Even if you add in Saturn down the road, it's hard to see how the remaining brands are viable. Remember, Olds was laid to rest when GM was comparatively healthy and cash rich. |
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#5 (permalink) |
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6.0 Liter LS2 V8
Join Date: May 2005
Location: Just right here
Drives: 2005 Chevy Colorado
Posts: 4,804
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Re: GMI Rumor: GM Cutting Another Division?
Rearranging the deck chairs on the.......
Nevermind.
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Of all the properties which belong to honorable men, not one is so highly prized as that of character. Henry Clay |
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#6 (permalink) |
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Starship Enterpise
Join Date: Jul 2005
Posts: 17,204
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Re: GMI Rumor: GM Cutting Another Division?
Buick is viable in China.
Pontiac and GMC outside the NAFTA Market have ZERO brand awareness. I don't even think out of NAFTA Pontiac even exists, GMC does but only in the Middle East. I am against axing GMC because it still makes money, but if you can someone transition those customers to Chevy Trucks (or Cadillacs for the Denali buyer) then I say do it.
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The moderation here gets an F for FAILURE. |
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#9 (permalink) |
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4.4 Liter Supercharged Northstar
Join Date: Feb 2005
Drives: 2001 Saturn L300
Posts: 2,439
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Re: GMI Rumor: GM Cutting Another Division?
GMC should be the one to go. The Torrent replacement can go to Buick. Instead of the GMC Terrain, how about the Buick Everest?
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Current: 2001 Saturn L300 Future: Looking at a Mazda 3 Gone but not forgotten: 1993 Saturn SL2 1986 Nissan Sentra |
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#13 (permalink) |
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4.4 Liter Supercharged Northstar
Join Date: Feb 2005
Drives: 2001 Saturn L300
Posts: 2,439
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Re: GMI Rumor: GM Cutting Another Division?
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Current: 2001 Saturn L300 Future: Looking at a Mazda 3 Gone but not forgotten: 1993 Saturn SL2 1986 Nissan Sentra |
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#15 (permalink) |
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GMI Staff Member
Join Date: Jul 2004
Location: The Good Ol United States of America
Posts: 8,724
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Re: GMI Rumor: GM Cutting Another Division?
To get rid of Buick, here or abroad would take a true idiot. Hummer? Absolutely. But not Buick. GMC? Maybe, I'm not entirely convinced of how much good it's going to do though unless the floor has just really fallen out sales wise. I guess we're going to see when they report June's numbers.
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![]() GMI's Revitalization in Action Director Check out our latest lineup by Clicking Here If you've got inside news and would like to be a GMInsider, send me a private message or email me HERE. Last edited by ChevroletRevived : 06-19-2008 at 10:16 PM. |
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LinkBacks (?)
LinkBack to this Thread: http://www.gminsidenews.com/forums/f70/update-6-21-gm-cutting-another-division-65786/
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| Posted By | For | Type | Date | |
| SaabCentral Forums - US Auto Industry Glooms | This thread | Refback | 06-20-2008 12:56 PM | |
| Autoblog | This thread | Refback | 06-20-2008 12:38 PM | |
| Digg - GMI Rumor: GM Cutting Another Division? | This thread | Refback | 06-20-2008 09:03 AM | |
| Detroit News Online | Autos Insider | This thread | Refback | 06-20-2008 08:20 AM | |
| DETNEWS | Weblog | Autos Blog | This thread | Refback | 06-20-2008 06:27 AM | |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
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