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If rumors around GM's RenCen headquarters are true, the troubled corporation will announce the discontinuation of the Pontiac brand next Monday as part of the deeper-cutting reorganization demanded by the Obama administration's auto task force.
GM said, as early as late last year that the division would become a "niche brand," outside of the four core brands GM wanted to protect (Chevrolet, GMC, Cadillac and Buick). The company, however, never defined exactly what sort of niche it was talking about. Was that a niche that included the G3, a Chevy Aveo re-badge? Or was that a niche that included the G8 rear-drive sports sedan?
It seems Pontiac's fate might have been sealed by a combination of increasingly tough demands for cuts from the Feds and Pontiac's utter lack of focus over the past few decades.
General Motors, in the person of News Relations PR man Tom Wilkinson neither confirmed nor denied nor, well, here's what he said: "There's nothing I can share with you at this point. Keep your eye on our media site. Officially nothing has changed with Pontiac's niche-brand status, until you hear differently."