General Motors could shut down Pontiac

General Motors could shut down Pontiac
Market sources are hinting that GM is close to announcing that they are shutting down their Pontiac division.
An official announcement can come as early as Monday next week.
GM has declined to comment on these reports for now.
The company is struggling in the domestic market and is said [...]

Saturn brand being eliminated by GM

Saturn brand being eliminated by GM
US based automaker GM has announced that they are killing their Saturn brand.
The company also said that they are going to reduce their focus on the Pontiac brand.
GM said that their existing Saturn dealerships would be closed by 2011.
They are not going to launch any more models [...]

GM to lay off 1,500 hourly workers

GM to lay off 1,500 hourly workers
US based automaker GM has announced that they are now going to lay off 1,500 hourly workers.
These jobs would be cut at their plants in Michigan and Delaware.
These plants build the company’s pickup trucks, large cars and a two-seat roadster.
GM said that they have to cut these jobs as [...]

GM to consolidate dealership network to cut costs

GM to consolidate dealership network to cut costs
US based automobile industry giant GM has said that they are considering plans to speed up consolidation of dealerships offering their various brands to cut costs.
They are struggling to compete against the likes of Japanese automakers in their domestic market and have been taking serious steps to enhance [...]

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