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GM says it may kill off one of its brands
DETROIT (Reuters) -- General Motors, which issued a shock profit warning last week and has been losing market share, may phase out one of its weaker car brands if sales fail to meet projections, company Vice Chairman Bob Lutz
 

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FatherLarry said:
GM says it may kill off one of its brands
DETROIT (Reuters) -- General Motors, which issued a shock profit warning last week and has been losing market share, may phase out one of its weaker car brands if sales fail to meet projections, company Vice Chairman Bob Lutz[/QUOT

gm sent a message to all wholesale and retail personel about the comment from
bob lutz and any talk of losing another division was denied. pontiac and buick have been the two divisions talked about in the past but gm claims they have no
plans to do the dame thing that happened to oldsmobile and gm told oldsmobile
dealers the same song about three years before they announced plans to kill
oldsmobile. if gm really wanted to save some money they'd take a serious look
at saturn- the true anchor of all divisions. the general will make changes to
improve things with wall street and investors but i not sure they can gain back
market share which is the true measure of success for general motors.
 
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