Chrysler has shut down all production until it emerges from bankruptcy. This is expected to take at least 1 to 2 months. Meanwhile, GM has stopped production at most North American plants for 9 months starting May 4.
Chrysler was forced to stop production while GM is simply constipated. There are too many cars [...]

GM looks likely to extend their “Total Confidence” program into May due to its early success. The program, launched for the month of April, is similar to Hyundai’s Assurance Program. Under the terms, GM will make up to nine car payments if a buyer loses their job within a year of buying a [...]

General Motors today announced they will eliminate the Pontiac brand by the end of 2010. There are roughly 65 exclusive Pontiac dealerships in the US which will have to shut down.
If you’ve been considering buying a Pontiac, you may want to think twice. The resale value will probably take a hit. [...]

GM and Chrysler dealers fear the manufacturer may soon go bankrupt, and they’re trying to figure out how to minimize their losses if that happens. One area they’re worried about is the rebate cash owed to them from the manufacturers.
Rebates are typically paid by the car dealer who then gets [...]