GM mulls shedding Pontiac to win gov't aid: report

Newswire

NEW YORK, Nov 26 (Reuters) - The automaker General Motors Corp is mulling whether to shed its Pontiac, Saab and Saturn brands, as well as its Hummer brand, as part of a plan to win $12 billion of U.S. government loans, Bloomberg News said on Wednesday, citing people familiar with the matter. GM was not immediately available for comment. Federal lawmakers last week rejected pleas from GM, Ford Motor Co and Chrysler LLC for $25 billion of loans, and asked the automakers to submit detailed ...

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