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Brand Pontiac went down in history
On Sunday, Oct. 31, the American automaker Pontiac ceased to exist, according to the publication The Detroit News. The same day the expired agreement of General Motors dealers of the brand throughout the United States, which in total there are about two dozen unsold cars, some car dealerships can not sell for nearly two years.
The decision to close the brand Pontiac, which first appeared on the market 84 years ago, was taken concern GM in April last year as part of the restructuring. In the past few years, sales of "Pontiac" is constantly decreasing: for example, in 1968, Americans bought about one million cars of this brand in 2008, the number of models sold fell to 267,000, while in 2010 the share of companies accounted for less than one percent of all sold cars Concern GM. At the end of this year, GM expects to sell 2, 2 million vehicles.
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The decision to close the brand Pontiac, which first appeared on the market 84 years ago, was taken concern GM in April last year as part of the restructuring. In the past few years, sales of "Pontiac" is constantly decreasing: for example, in 1968, Americans bought about one million cars of this brand in 2008, the number of models sold fell to 267,000, while in 2010 the share of companies accounted for less than one percent of all sold cars Concern GM. At the end of this year, GM expects to sell 2, 2 million vehicles.
Read more here
The original source here
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