General Motors Corp., which is suffering from a devastating profit restatement last week and weakening market share, may phase out one of its less profitable brands if sales fail to meet projections, Vice Chairman Bob Lutz says at a conference outside the New York International Auto Show. Lutz says Buick and Pontiac both are “damaged” due to a lack of investment over the years, but an array of new products coming to market may help the situation. If some of the brands don’t meet sales ...
Premium Content (PAID Subscription Required)
"GM May Phase Out Weak Brands" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.