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20.11.2019 09:23
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Former race car driver Roger Penske had been in negotiations with GM to buy the Saturn brand and reintroduce it to the world. They had planned on allowing GM to manufacture Saturn through 2011 and then let Penske and the Saturn brand run on its own two feet. After deals with Penske fell through, GM was left with no choice but to shut down the brand. The Saturn brand will most likely be completely halted by the end of 2010.

Another blow to the GM brand is the phasing out of the Pontiac name. When GM was initially forced to rework their infrastructure because of government intervention Ed Oliver Youth Jersey , they wanted to phase out the Pontiac name. GM was hoping to keep certain well marketed models under the Pontiac brand name but sell them at Chevrolet dealerships. After reviewing the entire plan, it became obvious that there was no hope for Pontiac. The brand has not been profitable for the company for the past few years so GM was again, left with no choice but to shut down production. Like Saturn, GM believes production will come to an end by December 2010.


Xi also praised the contribution by their counterparts in other African nations to the development of China-Africa cooperation.

Addressing a seminar of Chinese entrepreneurs in Luanda on Saturday before ending his two-day visit to Angola Tre'Davious White Youth Jersey , Xi said Angola has entered a new stage of national reconstruction and development, and the country takes up a look day by day after 27 years of civil war which ended in 2002, stressing that he believed China-Angola cooperation is blessed with great potentials.

Xi Jinping said China and Angola have viewed each other as partners of strategic cooperation, and Angola has remained as the largest trade partner of China in Africa for the past four consecutive years, and the two nations have explored a new way of cooperation by integrating credits Tremaine Edmunds Youth Jersey , energy and construction.

The vice president said during the 12th five-year plan in China, the Chinese government will encourage more Chinese enterprises to enter the international market on the basis of mutual benefit as well as a win-win situation with countries concerned, and to promote China-Africa cooperation and a new type of partnership of strategic cooperation to new levels.

Xi encouraged Chinese enterprises to work for the further development of China-Africa friendship which he said is based on sincerity and equality, and contribute to the Chinese strategy to achieve a mutual benefit and a win-win situation as part of its peaceful development ambition.

The seminar, chaired by Vice Minister of Ministry of Commerce of China Chen Jian who accompanied Xi during his visit Josh Allen Youth Jersey , was attended by representatives of some 20 large-scale Chinese companies operating in Angola, including the Import & Export bank of China, Norinco, Citic, Hydropower Construction Group and Chinese Business & Commercial Bank.

Addressing a seminar of Chinese entrepreneurs in Luanda on Saturday before ending his two-day visit to Angola Jim Kelly Youth Jersey , Xi said Angola has entered a new stage of national reconstruction and development, and the country takes up a look day by day after 27 years of civil war which ended in 2002, stressing that he believed China-Angola cooperation is blessed with great potentials.

Xi Jinping said China and Angola have viewed each other as partners of strategic cooperation, and Angola has remained as the largest trade partner of China in Africa for the past four consecutive years, and the two nations have explored a new way of cooperation by integrating credits Dawson Knox Womens Jersey , energy and construction.

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