{"id":192243,"date":"2009-04-24T17:49:00","date_gmt":"2009-04-24T22:49:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/24\/general-motors-update\/"},"modified":"2009-04-24T17:49:00","modified_gmt":"2009-04-24T22:49:00","slug":"general-motors-update","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/04\/24\/general-motors-update\/","title":{"rendered":"General Motors Update"},"content":{"rendered":"<p>The big news is that <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aSzU5bt90cWM&amp;refer=home\">the Firebird is dead<\/a>, as GM will eliminate Pontiac, though it is keeping GMC.<\/p>\n<p>I wonder if they will look for a legislative fix to minimize the costs of winding it down, as GM had to pay billions to dealers when it wound down Oldsmobile a few years back.<\/p>\n<p>Additionally, they gust got <a href=\"http:\/\/money.cnn.com\/2009\/04\/24\/autos\/loans_gm.reut\/index.htm?section=money_topstories\">$2 billion more lent to them<\/a>, which implies that the folks looking at this on the automotive task force think that they <span style=\"font-weight: bold;\">are<\/span> getting their sh&amp;% together.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The big news is that the Firebird is dead, as GM will eliminate Pontiac, though it is keeping GMC. I wonder if they will look for a legislative fix to minimize the costs of winding it down, as GM had to pay billions to dealers when it wound down Oldsmobile a few years back. Additionally, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1108],"tags":[],"class_list":["post-192243","post","type-post","status-publish","format-standard","hentry","category-auto-industry"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192243"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192243"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192243\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}