DETROIT -- General Motors expects its standalone Pontiac dealerships to sell their entire inventories by the first quarter of next year.
GM has 35 standalone Pontiac stores in the United States with combined inventory of just 1,500 units.
We have some dealerships that have less than 10 units on the ground, Susan Docherty, vice president of Buick-Pontiac-GMC, said in an interview today with Automotive News. They might contact us and say were ready to terminate on our own.
Overall, Pontiac has 70,000 to 80,000 units of inventory for the whole brand, Docherty said. Normally, Pontiac could sell that out by year end, she said. But given that GM is dumping the brand, sales will slow.
Docherty expects Pontiacs entire inventory to sell by the end of 2010.
In a letter sent to Pontiac dealers today, GM said it would work with stores to provide an orderly transition. GM said it would operate the brand through 2010 and offer competitive incentives on Pontiac products.
GM said in the letter to dealers that it would have a robust communication effort with Pontiac customers to assure them that their warranties are unaffected by this action.