What are the chances that the UAW membership will accept responsibility for their own greed and refusal to face reality in the loss of another 21,000 jobs?
I thought so.
Does anyone think the Government Motors experiment will end well, for anyone?
They can build Volgas. but can they sell Volgas ...
Chrysler and GM should never have taken federal funds...and we can all blame Bush for that.
These companies should have gone through chapter 11 last year and restructured to eliminate the bleeepin unions.
I had an ‘85 Grand Prix. What a great car!!
It’s difficult to make a profit in the auto industry if one’s sales are below the breakeven point. Two ways to fix - increase sales, cut costs to lower the breakeven point.
Sorry to hear that. Some Pontiac models are very popular and well-built, most notably the G-6, which I drive now.
Sad. I wanted to pick up a G8 but the prices aen’t so high they were out of my range. I just looked at a new RS Camaro. Pretty as a pin in red and black. Three hundred horse V6 unit. It stickered at 28K plus, almost 29K really, and the 3K of extra dealer profit put it over 31K. It was a nice car but it wasn’t 31K nice nor 28K nice either. The original price sheets I saw had this unit at about 24K. GM better better get a sense of what the public is willing to spend or they are done.
It’s hard to believe that they’d cut Oldsmobile and Pontiac, but keep BUICK! LOL. Guess they know what they are doing, though.
Link to a 1968 Firebird:
http://www.seriouswheels.com/pics-1960-1969/1968-Pontiac-Firebird-Red-Blower-s-sy.jpg
Now THAT’s a car.
There’s also an old movie from 1992: “God Drives a Pontiac.”
http://www.vh1.com/movies/movie/92793/plot.jhtml
Article from the Columbus Dispatch with map on GM locations:
http://www.dispatch.com/live/content/business/stories/2009/04/27/gm.html?type=rss&cat=&sid=101
THe map of GM locations in Ohio:
http://www.dispatch.com/live/content/business/stories/2009/04/27/graph.html
Don’t forget all the tire, glass, tool & die, etc. support facilities throughout the midwest that support Detroit. These changes/closings are chopping up lots of places. I have heard tell that overtime at Honda around here is cut way back, as are employees now. The overtime cutback has caused financial hardship, as people had worked it for years. Someone I know tells us related business clients are closing daily.
A line since 1926, and now Pontiac will be gone.
Over the years that division made some fine cars.
The UAW killed it, and so did management by signing on to those contracts.
That is a shame and a disgrace.
Usually when someone shoots themselves in the foot they don't shoot the other foot to have a matching pair.
Obama campaigned on saving their jobs. Another broken promise. I’m sure they’ll all vote for him again though.
AS much as I like the sportiness of Pontiac’s, fact is, they can simply roll their best models down to Chevy. For the longest time, I’ve always thought that GM should only be Chevy (budget/performance), Buick (mid-level nice cars), and Caddy (top of the line). I guess you can keep GMC there somewhere as well. GM should have done this long ago.
The Unions and DNC have finally got what they have wanted for 30 yrs, death of the Auto Industry.
Pray for America
The UAW will blame “greedy executives and capitalists”. The UAW is to blame for their own greed and bleeding dry the auto companies.
Millions of tax dollars, i.e., OUR wages, have been wasted on this union fiasco.
more job losses watch the market go up
this is the weirdest I have ever seen
every time we get bad news the market goes up
is Soros and his ilk buying up tones of shares or something?
Sad day. Oldsmobile, Pontiac...Can Mom, apple pie and Chevrolet be far behind?
See the USA in your Chevrolet.
