The Chief Operating Officer for General Motors, Fritz Henderson, told a major auto industry meeting this week that GM will be consolidating their variety of brands and focusing on four key makes of automobiles in an effort to restructure the company for new economic realities. Automotive News reports:
 

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk “significantly,” a senior GM executive told the Automotive News World Congress on Tuesday night…

Henderson said the four core brands comprised 83 percent of GM’s total sales volume in the United States last year.

Going forward, the Pontiac brand will “shrink substantially,” Henderson said. But the fact that GM is investing heavily in the Buick brand in China will benefit that brand in the United States.

Henderson also said that GM was evaluating what to do with the Saturn brand, saying, “We need to do something different with the Saturn brand.” He did not, however, say that the brand would be eliminated.