Davison, MI, Pontiac-Buick-GMC dealer Jim Waldron isn't ready to give up on the Pontiac brand just yet. During a local news program on Flint ABC affiliate WJRT-12, Waldron revealed that he had made an offer to General Motors to buy Pontiac. Earlier in the week, GM announced that the Pontiac brand would be shut down no later than the end of 2010.

However, GM VP for North American Communications, Tom Pyden, later told the station that no deal would happen since the brand is not for sale. The latest viability plan put forward by the automaker makes no provision for spinning off Pontiac like it does with Hummer and Saturn.

However, if someone offers cash for Pontiac, it seems hard to imagine GM turning a blind eye to the deal. This would be especially true if the potential buyer offered to take over some closed factories to use for manufacturing, as Waldron intends to do. However, it's even harder to imagine that Waldron could make a going concern of a stand-alone Pontiac.

[Source: WJRT 12]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X