alex, let me put the same questions to you that you put to PontiacRulz. Were YOU physically present during the Chapter 11 proceedings? Were YOU there during the boardroom meetings? The reason I ask is that I, too, had heard that GM would have preferred to keep Pontiac, but that the Feds twisted its arm.
As a corporation, GM IS, legally, like a person. That’s what incorporation is designed to do. Corporations, like people, CAN want or not want to do something. Incorporation is designed to give a corporation the same legal rights as a person.
I would agree that Pontiac, unfortunately, wasn’t a high-profit brand. But how can you say that it wasn’t a high-volume brand? It was #3 in sales at GM, and was outselling Buick two-to-one.
I’m inclined to challenge the idea that GM would have killed Pontiac anyway, even without the Feds requiring it. Pontiac was a strong legacy brand with a large following, and had potential.
“Pontiac wasn’t selling well.” What? We just said that it was #3 in sales, exceeded only by Chevy and GMC, and was outselling Buick two-to-one.
Yes, Pontiac was a mainstream brand, AND it had the volume to make business sense.