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 Pontiac car brand goes out of business

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RR Phantom

RR Phantom

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Pontiac car brand goes out of business Vide
PostSubject: Pontiac car brand goes out of business   Pontiac car brand goes out of business Icon_minitimeMon Nov 01, 2010 3:01 am

Pontiac - one of the US car industry's most iconic brands - has finally gone out of business.

It happened a year after its parent company General Motors announced its shutdown in a major restructuring.

Set-up in 1926, Pontiac came to embody the image of the American muscle-car, with hugely popular models like the Bonneville, GTO and Firebird TransAm.

The cars featured in Hollywood movies in the 1960s-70s. But sales had been in decline since the 1980s.

Finally, GM's catastrophic financial problems spelt the brand's demise.

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