BREAKING NEWS: Pontiac Could be Dead by Monday!

Last week it was rumored that GM could eventually kill Pontiac and GMC to cut costs. Now according to Inside Line, GM could kill Pontiac as early as this coming Monday.

Inside Line called Tom Wilkinson, news relations PR man for General Motors, who said: “There’s nothing I can share with you at this time. Keep your eyes on our media site. Officially, nothing has changed with Pontiac’s niche-brand status, until you hear differently.”

Pontiac was officially labeled as a “niche” brand in GM’s first viability plan that was released last December. According to a source GM is going to announce a “faster, deeper” reorganization plan that will likely include a death sentence for the brand that brought us the GTO, Firebird and most recently the G8.

Full Story: Inside Line

Related Stories:
GM May Kill Pontiac and GMC in an Effort to Cut Costs