VIDEO ON MSN MONEY
Specifically concerning the General Motors brands here, I can fully understand why Hummer and Saab were discontinued. The reasons for the demise of Oldsmobile is less clear. But a few remaining GM mysteries in my mind are:
1. Why discontinue Saturn? I had a 1993 Saturn that was one of the best cars I ever owned. Very reliable. Great gas mileage. Rust-proof plastic body panels. What's not to like?
2. Why discontinue Pontiac? Very popular and reasonably-priced brand.
3. Finally, why continue to have both Chevrolet and GMC trucks? They are virtually identical. Why not discontinue Chevy trucks and just make GMC GM's truck line. I don't get it.
What about Plymouth? They were certainly more of an iconic brand than most of the others.
In reference to your second question concerning Pontiac, it's because in all the years Pontiac was in existance they never earned a profit. They kept producing the product because people loved them so much and Pontiac was an American icon. Nonetheless, they were never a money-maker to GM. It's a shame, too, because my husband and I both love our Pontiacs--he has a Grand Prix and I have a G6 GT, and they have been wonderfull
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] Some of today's gains have been taken away from the S&P 500, but the one thing that can't be taken away is the fact that the S&P 500 set a record intraday high today at 1989.23. The number to beat on a closing basis is 1985.44, which was reached on July 3.
Market participants are understandably fixed on the possibility of the S&P 500 hitting the 2,000 mark. It a nice-sounding number after staring at 666 in March 2009, but right now it is dangling out ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'