General Motors on Monday confirmed rumors regarding the future of its Pontiac division, indicating the storied brand will be eliminated by the end of 2010 at the latest. The company said it will also sell or shut down Saab, Saturn, and Hummer by the end of 2009 or sooner. Furthermore, the company will eliminate 13 manufacturing plants (28 percent) by late 2010, while simultaneously slashing its dealer network by nearly half –from 6,246 in 2008 to 3,605, a reduction of 42 percent.
GM says it intends to …Â Details
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