Apr 17, 2009 -
Swatted?
General Motors is studying whether to drop both the Pontiac and the GMC truck brands in an effort to improve its financial position and avoid looming bankruptcy, according to published reports and industry experts.
Desperate times at GM call for desperate measures.
Whether GM can avoid bankruptcy or not really seems to be an irrelevant question at this point. Whether it's tehnically called a bankruptcy or not, the end result is going to be the same. We're going to see a smaller GM with fewer brands and lower costs.
Chrysler, on the other hand, may be swatted.
Read more at post-gazette.com
