Why did Pontiac go out of business?
In the end, it was a changing market, declining sales and a brutal restructuring at GM that brought the curtain down on Pontiac . GM had to rescue itself from bankruptcy and Pontiac was one of the victims.
When did Oldsmobile go out of business?
However, in the decades that followed, sales began to decline, prompting GM to announce in 2000 that it would discontinue the Oldsmobile line with the 2004 models. When the last Oldsmobile rolled off the assembly line in April 2004 , more than 35 million Oldsmobiles had been built during the brand’s lifetime.
What was the last Pontiac made?
The last Pontiac -badged cars were built in December 2009, with one final vehicle in January 2010. Franchise agreements for Pontiac dealers expired on October 31, 2010, leaving GM to focus on its four remaining North American brands: Chevrolet, Buick, Cadillac, and GMC.
Is Pontiac making a comeback?
GM listened, and by 2010, the Camaro returned, but not the Firebird. Instead, GM shut down Pontiac following the automaker’s bankruptcy and reorganization. GM will not resurrect Pontiac , nor will the Firebird return as a Buick as some have rumored.
Is Pontiac a good car brand?
Obviously, one of the reasons the brand was discontinued is, they just weren’t very good cars, to begin with. However, a lot of people raved about the Pontiac G8. So, a used G8 might be a good value, but apart from that (and perhaps the Vibe), Pontiac didn’t produce a car in its last 10 years worth owning.
Why is Ford not making cars anymore?
Ford to stop selling every car in North America but the Mustang and Focus Active. Ford today announced it will phase out most cars it sells in North America. Citing a reduction in consumer demand and product profitability, Ford is in turn not investing in the next generation of sedans. The Taurus is no more .
What was the last Oldsmobile?
On Thursday, April 29, 2004 , the last Oldsmobile ever built—the 2004 Alero GLS to be sold at auction today—rolled off the Lansing Car Assembly line, signifying the end of America’s then-oldest automotive brand.
What killed Oldsmobile?
General Motors shut down Oldsmobile in 2004 because of its unprofitability.
Is GM bringing back Oldsmobile?
Though GM ended production of the Alero, Silhouette, and Bravada in 2004, sources say that the brand will be resurrected, but not in the way you might think. In its quest to become the number one automaker by all counts, Toyota has secured the rights to the Oldsmobile name.
Why did Pontiac fail?
There were two primary reasons for GM’s decision to dispense with the brand. Pontiac has been unprofitable during the last few years of its existence. This put Pontiac in a fatal position given that GM was experiencing severe financial problems ahead of its bankruptcy in 2009.
What country owns Ford?
Which car manufacturer makes the most money?
Why do they call a Pontiac GTO a goat?
So if you consider the term Goat , it indicates an animal that can eat anything, while the Pontiac GTO is known for “eating anything on the street”, as a nod to its power and capability of beating other cars while racing.
What is the rarest GTO?
For this reason, Pontiac only produced 17 GTO Judge 455 convertibles that year, making it one of the rarest GTOs and muscle cars in automotive history.
What is the fastest Pontiac?
The 15 Fastest Cars Pontiac Ever Produced 1 2006 Pontiac GTO (175 mph) 2 2009 Pontiac G8 GXP (175 mph) 3 1998 Pontiac Firebird Trans Am (165 mph) 4 1963 Pontiac Tempest Super Duty (163 mph) 5 1973 Pontiac Firebird Trans Am 455 Super Duty (155 mph) 6 2005 Pontiac Grand Prix GXP (143 mph) 7 2007 Pontiac Solstice GXP (142 mph)