In an interview with Car and Driver, Troy Clarke, president of GM's North American efforts, confirmed that Buick would be getting another model by the end of the decade. The forth vehicle to join the Buick stable will be rear-wheel drive and take cues from the Velite concept that debuted at the 2004 New York Auto Show.
Whether or not such a vehicle will be a convertible or a large sedan remains to be seen, but it will share the Zeta platform underpinning the upcoming Pontiac G8 and Chevrolet Camaro. The Velite name may not carry over.
In the same article, Clarke espoused Pontiac's goal of being a performance-oriented brand, while at the same time suggesting that all of Pontiac's products will not sport RWD. Clarke confirmed that a redesign of the FWD Vibe is in the works, and may be released as early as this year.
[Source: Car and Driver]