End of the road for GMs Pontiac, Saab, Hummer & Saturn?

The Detroit Free Press is reporting that GM is considering shedding up to four brands as it prepares a plan for the US Congress on how it will apply money from a potential government bail-out to stave off bankruptcy.

General Motors keep on sinking

Chances for a bail out for the embattled General Motors are fading, according to the New York Times. It seems the bail bill faces ‘unsurmountable’ opposition on the Hill. The White House is also opposed to the bill – warning against throwing taxpayer money at companies that may not be salvageable (for one George Bush …

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