3 Nov 2010

Pontiac no more

8:01 am on 3 November 2010

Pontiac, one of the American car industry's best-known brands, is out of business.

Founded in 1926, it was set for shutdown in a restructuring announcement by parent company General Motors a year ago.

Pontiac came to embody the image of the American muscle car with hugely popular models such as the Bonneville, GTO and Firebird TransAm.

Sales, which reached almost one million in 1968, have been in decline since the 1980s. Finally, General Motors's financial problems spelt the brand's demise.