GM Slashes Prices of Remaining Pontiacs and Saturns by up to 46%

If you ever wanted to buy a Pontiac or a Saturn and you don't mind that both brands will soon pass into the books of history, now's the time as General Motors is offering dealers huge incentives to move a few thousand leftover vehicles from the two discontinued marques, the Wall Street Journal reported today.

According to the paper, the Detroit automaker sent a letter to dealers on December 23 stating that it would pay them around $7,000 for every new Pontiac or Saturn on their lot that is moved to their rental-vehicle or service-vehicle fleets.

With this move, the leftover vehicles will be classified as used (even though they're new, the dealers will technically be the vehicles' first owner) thus allowing dealers to sell them at a huge discount which is said to be as much as 46% off the sticker price.

The daily newspaper said that the offer will expire on January 4 which is the last day of the December car-sales month with GM booking the sales to dealers as fleet deliveries.

Saturn's leftover portfolio includes the Vue compact crossover, Sky Roadster, Aura Sedan, Astra compact hatch and Outlook crossover, while Pontiac's range comprises of the Solstice Roadster and Coupe, G6 Sedan, Coupe and Convertible, and the G8 sports sedan.

However, you'll have to check with your local dealer to see which models are available. And if you do, don't hesitate to leave us a comment here telling us what kind of an offer they made you.

Via: WSJ (Sub. Required)

Pontiac Gallery

___________________________________________________________________

Saturn Gallery

GM Kills Buick Vue SUV before it's (Re)Born after Negative Feedback

Only two weeks after announcing the rebirth of the Saturn Vue as a Buick that would also be offered as a plug-in hybrid, General Motors revealed that the compact SUV has been canned. The news was broken by GM's Vice Chairman Tom Stephens on Wednesday in a posting on the company's official blog. Stephens said that GM decided to cancel plans for the rebadged Vue after negative feedback about the vehicle from employees, potential customers, dealers, media and analysts at a recent preview in Michigan.

"The Buick crossover we showed received consistent feedback from large parts of all the audiences that it didn't fit the premium characteristics that customers have come to expect from Buick," said Stephens.

"We were all struck by the consistency of the criticism of the compact crossover. And what we decided to do in response is a good example of the essence of the new General Motors… acting quickly, and boldly, and listening to feedback from customers, employees, dealers, media and just about anyone else with an opinion."

Buick's version of the Saturn Vue was scheduled to be launched into the market with a 2.4-liter direct-injection four-pot and a 3.0-liter direct-injection V6 in late 2010, followed in 2011 by a plug-in hybrid model featuring a 3.6-liter flex-fuel V6 and two electric motors.

Stephens said that the "important" plug-in hybrid technology of the Vue would be applied to another vehicle "at no delay", with more details to be released in the very near future.