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The GXP became available for sale in the fall of 2007 as a 2008 model. General Motors has repeatedly advertised the Torrent GXP on TV commercials claiming that the Torrent GXP had more of a horsepower advantage than the BMW X3 in an effort for GM to make Pontiac a low-cost rival to BMW. [2]
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
After the car sold for $300,000, owner David Clabuesch accused Barrett-Jackson of ending the auctioneering prematurely, resulting in a lower-than-expected sale price. After the sale, Barrett-Jackson sued Clabuesch for "outrageous and defamatory actions," including chaining the car's wheels at the auction tent and putting up a sign calling its ...
Facing financial problems in the late 2000s and a need to restructure, as a prequisite for a $53 billion government bailout, GM agreed to discontinue the Pontiac brand; [10] the final Pontiac, a white G6, was assembled on January 4, 2010. [11] Franchise agreements for Pontiac dealers expired on October 31, 2010, leaving GM to focus on its four ...
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.
In Canada and Mexico, the Pontiac G5 went on sale in early 2007 as a 2007 model, available as both a sedan and coupe. General Motors discontinued the Pontiac G5 in the United States in 2009, and it was discontinued in Canada and Mexico in 2010. The Chevrolet Cruze served as a replacement for both the Chevrolet Cobalt and Pontiac G5.
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related to: pontiac torrent 2010 for sale private public house price