Post by Administrator on Oct 31, 2010 15:40:36 GMT -5
Pontiac, maker of muscle cars, ends after 84 years
DETROIT, Sun Oct 31, 12:08 PM
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The Pontiac name plate is is going out of business.
The General Motors brand was known for muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens.
The 84-year-old brand has been moribund since GM decided to kill it last year as it collapsed into bankruptcy and was in decline for years before that.
It was undone by a combination of poor corporate strategy and changing driver tastes.
GM's agreements with Pontiac dealers expire Sunday.
Pontiac's sales peaked at about 1 million in 1968, when the brand's speedier models were prized for their powerful engines and scowling grills.
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DETROIT, Sun Oct 31, 12:08 PM
People Who Read This Also Read:
8 dead,12 hurt at off-road race in Calif. desert
Hoff the show: David Hasselhoff leaves 'Dancing'
Michigan St loss puts Big Ten title in 4-way race
'Saw 3D' takes biggest box-office slice with $24M
France's World Cup team arrives back home
The Pontiac name plate is is going out of business.
The General Motors brand was known for muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens.
The 84-year-old brand has been moribund since GM decided to kill it last year as it collapsed into bankruptcy and was in decline for years before that.
It was undone by a combination of poor corporate strategy and changing driver tastes.
GM's agreements with Pontiac dealers expire Sunday.
Pontiac's sales peaked at about 1 million in 1968, when the brand's speedier models were prized for their powerful engines and scowling grills.
E-mail this article Printer-friendly version
Copyright © 2010 All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Legal Disclaimer
www.optimum.net/Finance/AP/Article?fmId=50521901
