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GM to Keep GMC and Pontiac

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Automotive News is reporting that GM is NOT going to be dumping Pontiac or GMC.

clicky (hopefully someone with a subscription can post the text.)

:firebird::ohyeah::gmc:

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Automotive News is reporting that GM is NOT going to be dumping Pontiac or GMC.

clicky (hopefully someone with a subscription can post the text.)

Well, BPG wouldn't make much sense without P and G. Things are moving very fast, lots of rumours and very little fact in press..will be interesting to see how everything shakes out in a few months.

:deathwatch:

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I hope so. I have seriously considered buying a G8, but wont as long as GM is considering dropping Pontiac. That, and I'm trying to reduce my monthly payments as much as possible right now. Though I plan on being ready to buy within 6mo-2 years. If GM gets committed to Pontiac by then, there's a strong chance I will buy one.

I've already taken a hit on the value of my GTO, and I'm not going to buy a new G8 just to take an additional hit if Pontiac is dropped.

Edited by CaddyXLR-V
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MSN Autos / Autoweek Story (Google is my bitch)

INDUSTRY INSIDER

AutoWeek

GM to Keep Pontiac, GMC

A senior GM executive denies rumors that President Obama's auto task force demanded the automaker dump both brands.

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac.

Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign.

"The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

"Are we working it, tweaking it, examining every aspect of it? Yes, but nothing has changed with our strategy," he said. Reports that "GMC is going away are just unfounded, unsubstantiated and untrue," LaNeve said.

In a Feb. 17 report to the U.S. Treasury Department, GM said it planned to go to market with four core brands: Chevrolet, Cadillac, Buick and GMC. Pontiac would remain as a much smaller brand. GM is trying to sell Hummer, Saab and Saturn.

And that is still the plan, LaNeve said. "They're not pressuring us to give up on anything," he said. "Buick and GMC are very profitable brands, and we have plans to make them even more profitable."

Targeting Metro Markets

LaNeve confirmed that GM will target metro markets to consolidate dealerships, but the company does not have a June 1 timetable to do so.

As part of its consolidation effort, GM will consider such criteria as the operator's effectiveness, location and working capital when it targets those stores for closure.

Meanwhile, GM's new CEO Fritz Henderson has scheduled a conference call with journalists tomorrow at 10:15 a.m. to update the company's restructuring plans.

"We anticipate that this will be the first of a series of updates designed to provide perspective on GM's situation, decisions and actions," according to a statement released by GM.

Philip Nussel contributed to this report.

Content provided by AutoWeek.

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Funny how LaNeve mentions Buick and GMC as 'very profitable', but doesn't mention Pontiac.

I would think Pontiac would be very profitable, with it's volume and the rebadges (G3,G5) and the old models (G6).

Edited by moltar
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"Reports that "GMC is going away are just unfounded, unsubstantiated and untrue," LaNeve said."

That's still not very reassuring about Pontiac.

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Best course of action by far, as opposed to officially discontinuing Pontiac, is to never say it's gone & offer whatever portfolio they can make a case for, even if that's only 1 model for a time period.

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Speaking of metro market dealers, there still are a ton of them - I have 25 Chevy dealers to choose from within an hour's driving (<30 mi) in the L.A. metro region. That's great for consumers, good for employees, not necessarily great for GM or the dealers themselves.

Edited by empowah
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I don't believe it.

The auto task force owns GM. Whatever they say, goes.

They have to do it to stay alive.

We'll see. :deathwatch:

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Well, the people who seem to enjoy freaking out over everythng on this site will still find whatever excuse they can latch onto to continue crying that the sky is falling...but those Canucks have that crazy Pontiac fetish, and it wouldn't surprise me if GM would like to keep Pontiac--even small and focused in the US--if only for the opportunity to rebadge Chevrolets up north.

Seriously, people paid good money for this over a Cavalier:

inline_01.jpg

800px-2003-05_Pontiac_Sunfire_Sedan.jpg

Edited by Croc
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It only makes sense to those with a Business sense to keep a 3 teir company.

Entery level = Chevy

Mid Lux Level = BPG

Luxury = Caddilac

:P

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It only makes sense to those with a Business sense to keep a 3 tier company.

Entery level = Chevy

Mid Lux Level = BPG

Luxury = Cadillac

:P

And such a range, C/BPG/C, gets GM back to the classic brand structure, sans Oldsmobile, once you jettison Saturn/HUMMER/SAAB. The big distinction from the classic structure is (ideally) less redundancy/overlap and more focused brands.

Edited by moltar
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Well, the people who seem to enjoy freaking out over everythng on this site will still find whatever excuse they can latch onto to continue crying that the sky is falling...but those Canucks have that crazy Pontiac fetish, and it wouldn't surprise me if GM would like to keep Pontiac--even small and focused in the US--if only for the opportunity to rebadge Chevrolets up north.

Seriously, people paid good money for this over a Cavalier:

Interesting..for some reason, the Canadian Sunfire looks different than the US version did..the taillights, maybe?

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I don't believe it.

The auto task force owns GM. Whatever they say, goes.

They have to do it to stay alive.

Agreed

Interesting..for some reason, the Canadian Sunfire looks different than the US version did..the taillights, maybe?

There was no Sunfire sedan in the USA after 2002... in Canada however, as pictured they continued to live.

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Agreed

There was no Sunfire sedan in the USA after 2002... in Canada however, as pictured they continued to live.

Ah... I remember that hideous front end from the later US coupes, didn't realize they stopped making the sedans. I guess Avis didn't want any.

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>>"The big distinction from the classic structure is (ideally) less redundancy/overlap and more focused brands."<<

You're not going to have less redundancy with corporate-wide platforms & powertrains PLUS global equivalents in numerous instances, so the big distinction there goes the other way, unfortunately for casual perception...

Edited by balthazar
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>>"The big distinction from the classic structure is (ideally) less redundancy/overlap and more focused brands."<<

You're not going to have less redundancy with corporate-wide platforms & powertrains PLUS global equivalents in numerous instances, so the big distinction there goes the other way....

?

There was a lot more redundancy in past times than now(80s-90s, for instance)...CPOB all had slightly differentiated models across each platform--think J-, X-, A-, N-, W- bodies...

Even now, there is still plenty of redundancy...3 midsize Epslions, 3 compact Deltas (with badge engineering w/ the G5), the Canyon and Colorado, etc..

Edited by moltar
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And such a range, C/BPG/C, gets GM back to the classic brand structure, sans Oldsmobile, once you jettison Saturn/HUMMER/SAAB. The big distinction from the classic structure is (ideally) less redundancy/overlap and more focused brands.

I agree, I hope they truly get focused and start making each division compete with the other companies out there and NOT with themselves.

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Interesting..for some reason, the Canadian Sunfire looks different than the US version did..the taillights, maybe?

Sedan-exclusive rear treatment. It looks really tacked-on in person.

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Just buying time.

They have aq lot of Pontiacs to dump before they can say they are shutting her down. :scratchchin: Say like 2 years worth of G3's LOL!!

I will be convinced they are saving Pontiac when we see a Pontiac of the future show car. Anyone see one this year on the Pontiac display???? Anyone????

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>>"? There was a lot more redundancy in past times than now(80s-90s, for instance)..."<<

I realize you can only relate to what you recall personally, but the '80s is a decade there's NO reason to revisit except as an example of what NOT to do, and there's another 70 years of business case examples before that. Don't give me any crap about 'no one remembers that'; if we as armchair analysts can only learn from what we remember- we have no business opening our mouths. '09 is as far removed from 1980 as it is from 1960.

Thru the bulk of GM, back when GM was, you know; ragingly successful - there was far LESS overlap & redundancy vs. today. Isn't any of this in 'Why GM Matters' ??

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>>"? There was a lot more redundancy in past times than now(80s-90s, for instance)..."<<

I realize you can only relate to what you recall personally, but the '80s is a decade there's NO reason to revisit except as an example of what NOT to do, and there's another 70 years of business case examples before that. Don't give me any crap about 'no one remembers that'; if we as armchair analysts can only learn from what we remember- we have no business opening our mouths.

The general public/average car buyer couldn't care less about GM's first 70 years..they only know what has happened in their lifetimes...so the distant past is irrelevant for this issue. Again, what counts is what they are doing NOW...not in the past. If GM is going to have a future, they have to look forward..this is no time for sentimentality or excessive nostalgia. The Sloan structure worked in the '60s and other decades because GM had a lot less competition than they do now, different time, different place.

Thru the bulk of GM, back when GM was, you know; ragingly successful - there was far LESS overlap & redundancy vs. today. Isn't any of this in 'Why GM Matters' ??

Again, irrelevant. The generic public/average car buyer doesn't read business books...

Edited by moltar
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Well, the people who seem to enjoy freaking out over everythng on this site will still find whatever excuse they can latch onto to continue crying that the sky is falling...but those Canucks have that crazy Pontiac fetish, and it wouldn't surprise me if GM would like to keep Pontiac--even small and focused in the US--if only for the opportunity to rebadge Chevrolets up north.

Seriously, people paid good money for this over a Cavalier:

inline_01.jpg

800px-2003-05_Pontiac_Sunfire_Sedan.jpg

Looks okay to me.. :neenerneener:

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