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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 ]
As part of the 2009 bankruptcy and restructuring of General Motors, [3] Wilmington Assembly ceased automotive production on Tuesday, July 28, 2009. Its final product was a Pontiac Solstice convertible. [4] The closure of the Wilmington plant, for the time being, marks the end of large-scale automotive production in the Northeastern United ...
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]
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 ...
General Motors (GM) was founded in September of 1908. On June 1, 2009, at 8 a.m. -- almost 101 years later -- it ceased to exist, and control was handed over to turnaround executive Al Koch ...
Why did General Motors (GM) fail? The fifth reason is that GM was managing in the bubble. The current disaster in which GM finds itself makes one wonder, how could it have been so incredibly stupid?
June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]
Why did General Motors (GM) fail? A third reason is ignoring the competition. GM has been ignoring competition -- with a brief interruption -- for about 50 years. In the 1960s, GM controlled half ...