GM Ends Contract With Pontiac Today, Goodbye, GTO & Trans Am
November 1st, 2010 - 10:59 pm ICT by Angela Kaye Mason
Nov 1 (THAINDIAN NEWS) Last night marked the end of a 84 year relationship between GM Motors, and Pontiac dealers, killing forever such American Classics as the car made famous in “Smoky and The Bandit” the Trans Am, and the ever-coveted Pontiac GTO. After the government bailout eleven months ago for parent company General Motors, the Pontiac is no more.
The deal which GM made with the United States government under the “Obama Administration”, gave a bailout for the now bankrupt car manufacturing company under certain conditions. Among those conditions was the shedding of four of GM’s brands, and the company chose to “kill off” Saab, Saturn, Hummer, and, of course, Pontiac.
Pontiac was among America’s hottest selling car brands, riding a close third behind Chevy and Ford. Burt Reynolds drove a Trans Am in ‘Smokey and the Bandit’ and then David Hasselholf brought it back with ‘KITT’ in ‘Knight Rider’. But, alas, the muscle car era has ended in America, replaced by Smart Cars wrapped in “Hello Kitty”.
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- GM to drop "Mark of Excellence" logo from its vehicles - Aug 26, 2009
- GM & Pontiac break off after a relationship for 8 decades - Nov 01, 2010
- GM sells Hummer - Jun 02, 2009
- GM has found buyer for Hummer: Report - Jun 02, 2009
- General Motors statement on auto industry restructuring - Mar 30, 2009
- GM to recall over 160,000 Hummers - May 06, 2010
- GM sells Hummer to Sichuan Tengzhong Heavy Industrial Machinery - Oct 10, 2009
- Apple Director Jerome B. York Dies - Mar 18, 2010
- Iconic Car Brand Pontiac's Legacy Ends - Nov 01, 2010
- GM close to bankruptcy exit, sale to government - Jul 10, 2009
- GM to axe 21,000 jobs in US, 5,900 in Canada - Apr 28, 2009
- GM launches 2011 Hummer H2 SUT - Feb 04, 2011
- GM Return To Wall Street Positive For Auto Industry, Says Nissan CEO - Nov 19, 2010
- GM sells SAAB to Dutch carmaker Spyker - Jan 27, 2010
Tags: american classics, bailout, burt reynolds, car brands, david hasselholf, gm motors, kitt, knight rider, manufacturing company, muscle car, nov 1, parent company, pontiac, pontiac dealers, pontiac gto, selling car, smart cars, smokey and the bandit, smoky and the bandit, trans am