Wall St Jrl on-line 6-23-09 GM end Pontiac Production in AUgust

General discussions about the Pontiac Vibe & Toyota Matrix. New members, introduce yourself here!
Post Reply
jake75
Posts: 4792
Joined: Sun Feb 09, 2003 1:33 pm
Location: Columbus, OH

Wall St Jrl on-line 6-23-09 GM end Pontiac Production in AUgust

Post by jake75 »

June 23, 2009, 11:06 amG.M. to End Pontiac Vibe Production in AugustBy Jerry GarrettGeneral Motors can’t shut Pontiac down fast enough.Two weeks ago, G.M. said that Pontiac would sell only two 2010 model-year cars, the Vibe and the G6, though the G6 would be sold only to fleet customers.Pontiac had planned to continue building the Vibe through next year. But now G.M. has confirmed that production of the Vibe will cease this August. Sales of the compact wagon are down 35 percent through May.The Pontiac Vibe is produced in Fremont, Calif., at New United Motor Manufacturing (known as Nummi), G.M.’s joint venture with Toyota, which produces an almost identical car, the Matrix.No plans have been announced for a replacement G.M. model. And it is unclear whether the joint venture will survive G.M.’s bankruptcy restructuring. Nummi will continue to produce the Toyota Tacoma and Toyota Corolla, Lance Tomasu, a plant spokesman, told Bloomberg. The factory will focus on building high-quality vehicles and work on lowering its costs while G.M. and Toyota discuss Nummi’s future direction. Production of the Solstice sports car is also due to wind down this summer at a Delaware plant that G.M. marked for death. Also, production of the G6 will end in September, according to The Detroit News.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
psiu
Posts: 279
Joined: Tue Nov 28, 2006 8:19 am

Re: Wall St Jrl on-line 6-23-09 GM end Pontiac Production in AUgust (jake75)

Post by psiu »

Nice looking, versatile, fuell efficient car? SHUT IT DOWN WE DON'T NEED ANY OF THAT AROUND HERE!Sometimes...I feel like
bodhi_tree777
Posts: 1222
Joined: Sun May 11, 2008 2:05 am

Re: Wall St Jrl on-line 6-23-09 GM end Pontiac Production in AUgust (jake75)

Post by bodhi_tree777 »

I can't believe that they're chopping one of their most reliable, efficient vehicles with no plans for anything else to fill that gap in their line-up. Awesome, way to go guys.
james / bodhi tree studio / tattoos & illustration / http://www.bodhitreestudio.comebay store : vintage clothing & toys---03 Satellite Vibe GT // 04 Neptune base // 1986 VW Golf // 1990 VW Golf GL---
Neouka
Posts: 202
Joined: Sat Dec 02, 2006 7:21 am

Post by Neouka »

All the more reason my next car will likely be a German diesel. By the looks of things there's some good, affordable ones on the horizon.
03 Abyss Base, not 5 .. 6spd!2012 Focus soon...
bodhi_tree777
Posts: 1222
Joined: Sun May 11, 2008 2:05 am

Re: (Neouka)

Post by bodhi_tree777 »

Quote, originally posted by Neouka »All the more reason my next car will likely be a German diesel. By the looks of things there's some good, affordable ones on the horizon.VW? I hear the new Polo is nice.I think my next car will be German as well, but probably from the late 60's or early 70's
james / bodhi tree studio / tattoos & illustration / http://www.bodhitreestudio.comebay store : vintage clothing & toys---03 Satellite Vibe GT // 04 Neptune base // 1986 VW Golf // 1990 VW Golf GL---
Chango
Posts: 11
Joined: Wed Dec 24, 2008 11:28 pm

Post by Chango »

Not too surprising. Nobody in this country wants a vehicle with the carrying capacity of an SUV and the gas mileage of a compact car. That's just silly.
Dragging Knee > Wheelies
Old Tele man
Posts: 668
Joined: Sat May 02, 2009 6:15 am

Post by Old Tele man »

1) the average carbuying populus doesn't know that the VIBE and MATRIX are sisters just wearing different dresses.2) in current economy, most people are shying away from "orphaned" cars for fear of: (a) loss of dealership support/service (and warranty--do you honestly believe Uncle Sam is better than Mr. Goodwrench?) (b) huge depreciation of car value (unless you PLAN on keeping it for a long time), and, (c) the BIG "wait-n-see" attitude.
...and the Devil said: "...yes, but it's a DRY heat!"
• 2014 Prius 1.8L eCVT
• 2009 Vibe 1.8L 4A
• 2004 Vibe 1.8L 4A
Post Reply