Dealerships brace for loss of Pontiac

OKLAHOMA CITY (AP) - Plans by General Motors to eliminate Pontiac from its line of cars would have a direct impact on more than 50 dealerships in Oklahoma.

GM plans to eliminate the 83-year-old brand no later than next year as it tries to survive the worst auto sales climate in 27 years.

Oklahoma's Pontiac dealers also sell other cars - but another major concern is GM's plans to reduce its number of dealers by 42 percent from 2008 to 2010.

GM accounts for 108 of Oklahoma's 300 new-car dealerships. Each one supports 30 to 70 employees or more.

Pontiac Buick GMC dealership owner Rick Jones in El Reno says the dealerships that survive should benefit from decreased competition but says there will be financial ruin for the others.

Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
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