Cyberwanderer’s Blog

June 2, 2009

GM Closing Pontiac, Concentrating on Bigger Cars

Filed under: Canada,economy — cyberwanderer @ 6:00 pm
Tags: , , ,

Today’s news report mentioned that GM would totally close and discontinue selling Pontiac. In my blog last year, I expressed support for bailing out GM to keep North America in the impending electric car race. Their decision to close down their more gas efficient car and concentrate on their trucks model (like Buick and GMC), is making me question if GM with its poor management deserve to go bankrupt and should just close down totally. If we are just bailing them out and keeping their bad management in tact then it’ll just be delaying their inevitable demise. There’s no need to keep pouring and wasting tax payers money on a bottomless bucket.

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1 Comment »

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