Thursday, November 27, 2008

GM may cut brands, including Pontiac



Because of the cash crisis, General Motors is studying possible elimination of some of its brands, with options including Pontiac, Hummer and Saab.In addition to the storied Pontiac brand, Hummer and Saab, Bloomberg reported Wednesday that the review included the Saturn brand."There is a lot is a lot speculation about what will or won't be in the plan next week, and we are going to decline to comment on it," said company spokesman Tom Wilkinson. "We are not likely to say anything in advance of the plan."

http://www.freep.com/article/20081127/BUSINESS01/811270371

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