GM needs all those brands according to Sales VP
LaNeve suggested that GM would instead focus on turning around its struggling brands, including Pontiac, Buick and Saab. In the case of Saab, LaNeve suggested that what's needed is a stronger brand identity in the mind of consumers.
At the other end of the spectrum, the Hummer brand is growing quickly, and 70 percent of sales are "conquest sales" - customers who previously owned non-GM vehicles - so LaNeve sees nothing but upside in keeping the brand in GM's portfolio.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models