GM Dumps Pontiacs -- Car-Buying Opportunity of a Lifetime
GM is so anxious to sell cars from the two divisions that it plans to close, Pontiac and Saturn, that it is offering dealers and consumers huge discounts to buy vehicles manufactured by the brands. The Wall Street Journal reports that some cars will be sold at 46% below sticker price. The sales will also push up GM's December sales by a substantial amount. The move could also "speed the company's restructuring," according to the Journal.