Holeshot
10-31-2010, 08:09 PM
Pontiac, maker of muscle cars, ends after 84 years
DETROIT
The Pontiac name plate is is going out of business.
The General Motors brand was known for muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens.
The 84-year-old brand has been moribund since GM decided to kill it last year as it collapsed into bankruptcy and was in decline for years before that.
It was undone by a combination of poor corporate strategy and changing driver tastes.
GM's agreements with Pontiac dealers expire Sunday.
Pontiac's sales peaked at about 1 million in 1968, when the brand's speedier models were prized for their powerful engines and scowling grills.
Bows head in a moment of silence :(
DETROIT
The Pontiac name plate is is going out of business.
The General Motors brand was known for muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens.
The 84-year-old brand has been moribund since GM decided to kill it last year as it collapsed into bankruptcy and was in decline for years before that.
It was undone by a combination of poor corporate strategy and changing driver tastes.
GM's agreements with Pontiac dealers expire Sunday.
Pontiac's sales peaked at about 1 million in 1968, when the brand's speedier models were prized for their powerful engines and scowling grills.
Bows head in a moment of silence :(