Jump to content
CaddyInfo Cadillac Forum

BM = Chevy, Cadillac, & Buick ?

Bruce Nunnally

Recommended Posts


April 16 (Bloomberg) -- General Motors Corp., facing a June 1 U.S.-backed bankruptcy, may drop its Pontiac and GMC brands as part of broader cost-cutting moves, people familiar with the discussions said.

GM’s Chevrolet, Cadillac and Buick brands are likely safe, said the people, who asked not to be named because decisions aren’t final. GMC and Pontiac are being studied as part of talks with an Obama administration task force assessing whether GM can be restructured without bankruptcy, the people said.

Shedding Pontiac or GMC would mean a deeper bite into GM’s portfolio of eight U.S. brands than in its Feb. 17 blueprint for keeping $13.4 billion in federal loans. GM said then it would keep Chevrolet, Cadillac, Buick and GMC and retain Pontiac as a niche line while selling or closing Hummer, Saab and Saturn


2023 Cadillac CT4-V Blackwing

Follow me on: Twitter Instagram Youtube

Link to comment
Share on other sites


This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...