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Sunday, November 30, 2008

GM wants to sell, Pontiac, Hummer, Saab, and possibly Saturn

General Motors Corp. is studying possible elimination of some of its brands, with options including Pontiac, Hummer and Saab, the Free Press has learned.
A person familiar with the company's deliberations told the Free Press that all options are being considered as executives look at potential savings and devise a plan to submit to Congress in GM's bid for government loans to help it through a cash crisis.
In addition to the storied Pontiac brand, Hummer and Saab, Bloomberg reported Wednesday that the review included the Saturn brand.

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