Tuesday, May 19, 2009
Monday, May 11, 2009
Pontiac brand to be phased out as part of GM’s more aggressive restructuring efforts
Since its inception in 1926, Pontiac has been known for delivering vehicles with both performance and value. Over the past several years, the brand has been closely associated first with GMC and then with Buick.
Statement attributable to Susan Docherty, GM North American Vice President, Buick- Pontiac-GMC:
“Anyone who has been associated with the Pontiac brand knows that this was a difficult decision. Pontiac has had a rich and storied history, but unfortunately, despite the efforts of all concerned, the brand has been unprofitable over the past several years. We had hoped in our February 17 Viability Plan to convert Pontiac to a niche brand within the Buick-Pontiac-GMC channel.However, the Viability Plan as submitted was not acceptable. GM was further challenged to take more significant restructuring actions which would allow the company to be viable even in these unprecedented market conditions and in any future cyclical market downturns. These restructuring actions require further sacrifice by all stakeholders: GM employees, suppliers, investors and dealers.As part of these renewed restructuring efforts, we spent considerable time formulating Pontiac portfolio scenarios that would allow the brand to be sustainable and profitable long term. Unfortunately after careful evaluation, none of these scenarios proved viable.Therefore, GM is announcing the phase out of the Pontiac brand by year end 2010. This action will allow General Motors to devote its limited capital and other resources to GM’s four core brands: Chevrolet, Cadillac, Buick and GMC.”
Friday, May 8, 2009
Thursday, May 7, 2009
Ok so for most of you that know me, I am down with the pizza. I love it, not sure why but I have a huge passion for a good slice. So being from KW, there is not to much in the way of good pizza, compared to Toronto. There is however one place that surely stands out. PIZZA SLICES, sure I know its one hell of a straight up name but that's how I like my pizza.... NO FANCY SHIT( just the basics). Pizza Slices offers massive fresh slices on the regular at a fair price. They have great service and are quick to get you your zaaaaaaaaa. Because I have been somewhat blown away by their pizza, it is my duty to make sure they get the recognition they deserve in this day an age of big time pizza empires.... They Are located at 4281 King Street EastKitchener, ON N2P 2E9(519) 650-9994. Give them a call the next time you want a pizza made properly...........