Friday, April 24, 2009
R.I.P aka Rust-in Pontiac.
General Motors is preparing to announce that the Pontiac car brand, once marketed as GM's "Excitement division," will be killed off.[Link]
Meanwhile, Chrysler is hoping to be saved by Fiat but still may file bankruptcy. [link]
Also today, Ford received good news, as they only posted a net loss of $1.43 billion. [link]
Maybe the news for American cars isn't so bad as GM's Total Confidence commercial say "We need to put on our rally caps, America and dig in.
Or, maybe we can hope that an economic asteroid kills of these dinosaurs and offers something better room to evolve. Hell even intelligent design would better than Detroit's big three.
Posted by Heath at 4/24/2009 08:11:00 PM