LAST AUTO NEWS – GM PLANS TO ELIMINATE SATURN, SAAB, HUMMER, SHRINK PONTIAC
Last Auto News –
Keeping a affiance fabricated to Congress in its angle for bailout funds endure year, General Motors affairs to annihilate several brands of car as allotment of a reorganization.
Autoblog explains, “In an account Sunday,” GM’s North American admiral Troy Clark, “said that General Motors will be able to accomplish acceptable on its affiance to Congress to acutely cut costs. Clarke said that GM will now focus its ‘product and business resources’ on Buick, Chevrolet, Cadillac and GMC.” The aggregation affairs to “sell or abutting Saturn.” Hummer and Saab may be in for agnate treatment. In a abstracted interview, GM Vice Chairman Bob Lutz said the Pontiac cast would acceptable continue, but “will accept to get by with alone four models: the G8, G5, Vibe and Solstice.”
Scaling aback assembly and eliminating models will not be the a lot of arduous allotment of the reorganization, however. Motor Authority notes, “Part of GM’s downsizing efforts will aswell see its 6,600 banker arrangement diminished to about 4,700 dealers by 2012.” Since dealers are absolute business, anniversary one of which holds its own acknowledged accord with GM, closing Saturn, Saab and Hummer dealerships may prove to the a lot of difficult allotment of the plan.
Struggling automakers are still heavily discounting abounding cars. Research January’s Best Car Deals with U.S. News’ car Rankings and Reviews.
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