Aussies Confirm: Pontiac G8 is a Flop
I’m a bit gunu-shy after mistakenly accusing NBC of pulling the SNL sketch pillorying the Big 2.8’s Congressional bailout begging from YouTube for ad revenue-related reasons. So I’m not going to raise the specter of conspiracy for a 404 message on The Australian newspaper. I’m sure the story on the Pontiac G8 disappeared due to technical reasons. Or something. Thankfully, one of our B&B cut and pasted the piece into an email. “Holden Exports Facing Stop Sign” contemplates the prospect of GM axing Pontiac as part of its pursuit of bailout billions. “The Holden-built Pontiac G8 is part of the problem, as it is struggling to find buyers. Just 13,000 have been bought since shipments began at the beginning of the year, and inventory levels exceed 11,000 cars — or 283 days’ supply — the third-worst for any GM model, according to specialist US website Automotive News. Potential Pontiac G8 buyers must now factor in an uncertain future for the brand. ‘It’s a challenging business environment for carmakers around the world,’ said a spokesman for GM Holden, Jonathan Rose. ‘We’re very proud of our export program.’ He denied Holden was adding to Pontiac’s woes, and said export shipments were continuing… The company expected US demand for Pontiac G8s to boost exports, but recently announced plans to shut its factory for 25 days in the first quarter next year, in addition to its four-week Christmas holiday closure.”
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No more bad news, please. I'm running out of liquor.
And here I thought the G8 was a bright spot! I admit that I've only seen one or two on the road!
Is it fair to say a vehicle flops during the economic melt down?
This is a shame, because the G8 is the brightest star Pontiac has had in a long, long time.
In the right economy, I think it would be another story. But the fact of the matter is, people aren't buying new cars right now, and they especially aren't buying performance cars. Factor in everyone is still very gun shy about gas prices, and it paints a bleak picture for such an offering.
Can you say future collectible?
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