It’s a sad day in the history of automobiles. Autoblog reports that General Motors will phase out Pontiac by the end of 2010, and will build its accelerated visibility plan surrounding its four remaining brands: Chevrolet, Buick, GMC and Cadillac. By the end of the year, we will also know if and how GM will move forward with the Saab, Saturn and Hummer brands.
The first Pontiacs were produced in 1926 and their popularity has escalated throughout the decades with the production of the Bonneville, GTO, Firebird, and in later years the G6 and Solstice.
So, what does this mean if you have a Pontiac? Ideally, this situation should not have any effect on your manufacturers warranty or in filing a lemon law or breach of warranty claim if in fact GM cannot fix a non-conformity despite numerous repair attempts. It appears General Motors is standing behind the brand and its warranty and will continue to do so until the make phases out.
And while the value of the vehicles will certainly diminish come trade-in time, if you like the model, now may be a time you can take advantage of the situation and purchase one for a very reasonable price.