Bob Lutz Explains Why GM Killed Saab, Pontiac, Hummer And Saturn In 2008

The period of 2008 to 2009 was rough for Detroit’s Big 3 automakers. While Ford technically never filed for bankruptcy — though it did receive some of those sweet bailout funds — GM and Chrysler did. GM seemed to have it the worst, as the automaker had to get rid of four of its divisions to get its head above water.…Read more...

May 8, 2024 - 22:50
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Bob Lutz Explains Why GM Killed Saab, Pontiac, Hummer And Saturn In 2008

The period of 2008 to 2009 was rough for Detroit’s Big 3 automakers. While Ford technically never filed for bankruptcy — though it did receive some of those sweet bailout fundsGM and Chrysler did. GM seemed to have it the worst, as the automaker had to get rid of four of its divisions to get its head above water.…

Read more...

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