Pontiac Gets the Axe, GM Announces Updated Viability Plan
General Motors announced the details of its updated Viability Plan on Monday. In a statement announcing the news, GM said that this plan will “speed the reinvention of GM’s U.S. operations into a leaner, more customer-focused, and more cost-competitive automaker.” That reinvention has resulted in the elimination of the storied Pontiac nameplate, which will be [...]
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April 28, 2009 