Pontiac Reportedly to be Pronounced Dead on Monday

Citing an anonymous source within General Motors, Edmund's Insideline is reporting that the American automaker could announce the 'death sentence' for Pontiac as early as this Monday. If this is the case, then GM's original plans to keep Pontiac as a 'specialty' brand with niche products have gone out the window and the maker of the iconic GTO as well as of the Aztec (let's not forget about the flops) will join the fate of Saab, Hummer and Saturn.

Insideline called GM's spokesman Tom Wilkinson to ask him about the news, but the answer was somewhat vague. "There's nothing I can share with you at this time. Keep your eyes on our media site. Officially, nothing has changed with Pontiac's niche-brand status, until you hear differently," Wilkinson was quoted as saying. Either way, one thing's for sure; Pontiac's fate seems doomed...

Via: Insideline