Article: GM will cut 21,000 factory jobs

One of Utah's largest auto dealers says that General Motors Corp.'s plan to discontinue the Pontiac brand may be the best thing for the carmaker in the long run.

Jerry Seiner, owner of the Jerry Seiner Dealerships, which specialize in General Motors vehicles, told the Deseret News on Monday that the decision of the company to eliminate Pontiac and three other brands from its brand portfolio will allow the auto maker to meet the needs of consumers in a more streamlined fashion

GM laid out a massive restructuring plan Monday that will cut 21,000 U.S. factory jobs by next year and phase out the storied Pontiac brand. The company could be majority owned by the federal government the plan.

Seiner ...

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