The GM brand Saturn will be phased out by 2012 and Pontiac may also face changes:
“The Pontiac name, part of the car business since 1932, could remain on some models, but may no longer be a separate division. G.M. said Pontiac would be a “focused brand” with fewer models.”
The above news came with word that GM and Chrysler will request an additional $14 billion in Federal bailout money, bringing the total $39 billion. Ford, meanwhile, hasn’t asked for any financial assistance.