Seems that the huge bailout cash to GM didn't do a thing. Rather, Pontiac is the first on the chopping block from GM. GM will kill off the Pontiac brand, and take the cash and run. No American Jobs have been saved by the lump sum bailout money. GM also announced that it will be cutting 9 weeks off of production soon.
I look at the Pontiac website, and all I see are small crappy cars. Not the Pontiac I recall as a kid. No wonder they are getting the ax! I am surprised Hummer is still alive!