GM Scraps performance division!
GM Scraps performance division!
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ringram

Original Poster:

14,701 posts

271 months

Thursday 19th February 2009
quotequote all
http://www.leftlanenews.com/general-motors-scraps-...

Buy em while you can wink

02/18/2009, 7:26 PM
High-Performance
General Motors scraps high-performance division

General Motors has disbanded its High Performance Vehicle Operations unit, which was responsible for creating such vehicles as the Cadillac CTS-V, Corvette ZR1, and Pontiac G8 GXP. GM’s high-performance vehicles will not be discontinued, but future replacements to these cars might never materialize. In other words, when GM’s existing high-performance models reach the end of planned production, they could be gone for good.

All high-performance vehicles currently under development have been shelved. It is not clear if this includes cars like the Cadillac CTS-V Coupe, which is probably very close to being completed.

“All high-performance projects are on indefinite hold,” spokesman Vince Muniga told Automotive News. “The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets and Pontiacs.”

Muniga added there are no longer any plans for performance-oriented variants of any upcoming cars.

the muppet

669 posts

214 months

Thursday 19th February 2009
quotequote all
Hope its a short term knee jerk reaction..