Pontiac to join Plymouth in orphan status

Started by POC-Admin, April 24, 2009, 06:10:13 PM

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FourDoor

#6
The news is Chrysler is filing Chapter 11 today. FIAT backed out and the US government backed down because the hedge fund industry wants about $2 billion of the $7 b bail out money to back off on their claims. (If I understand it right!) Too bad but maybe the automotive industry was too old and needs a shakeup to get back on track and into the 21st century. If you notice companies seem to have a finite time to exist before they get too big for their market and some thing comes along to reset the industry. I think a year from now there will still be a Chrysler Corp., GMC and Ford Motor Co. but they will be leaner and meaner to stay in business against the world economy that we all find ourselves in.
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plym_46

Next, Hummer, Saab and GMC trucks.  Buick is the number 1 sellig car in China, so it may be around for a while.  OK so who misses Oldmobile, Pacers, Eagles, and even the general public has no pangs about Plymouths demise.
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Cliff54

I am surprised that Buick is not on the chopping block as well! GM is in sore need of streamlining and it really only needs 2 brands the entry and luxury level cars and trucks.

CLiff54
54 Savoy, 59 Apache "She may not be the youngest gal at the ball .....but she can still turn a head or two"
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Jim Benjaminson

A little bit of interesting automotive history.  For over 25 years, Plymouth was the nations #3 selling car (1931-1953).  During the 60's, it was Pontiac, 70's it was Oldsmobile.  Late 50's it was Rambler.  Prior to that it was Maxwell, Hudson-Essex, White, Willys-Overland, Whippet.....the list goes on.  Number 3 is the death spot.  Brief holders of the number three spot include Dodge and Buick...... 
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Roadcuda

It makes you wonder which brand will be next.
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POC-Admin

I just read that Pontiac will be closed by GM next week. :-( another fine old name bites the dust.
Live long and prosper!
My real name is Mark Olson
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