Why did the GTO fail?

From its introduction in 1964 through 1966, the GTO ruled the muscle car roost. GTO enthusiasts like to joke that the car's moniker stood for Gas, Tires and Oil. It's no wonder then that the oil crisis of the 1970s forced General Motors to finally pull the plug on its pioneering muscle car.

Why did the Pontiac GTO fail?

The fuel economy was slightly better than the previous models but not enough. As a result, it failed to gain the attention back. Even though the sales had gone a little higher than the previous year, the GTO was simply not profitable now. Consequently, it was dropped off the line-up the next year.

What year GTO was most sought after?

The most popular GTO by sales was in 1966, selling over 96,946 units. The 1968 GTO came close with 87k. The rarest and most sought-after GTO, then the 1969 Judge Convertible, takes the cake and is valued at over $550,000 in mint condition.

Why did Pontiac go out of business?

Facing financial problems and restructuring efforts, GM announced during the 2008 financial crash that it would discontinue the Pontiac brand by the end of 2010, as was the case with Oldsmobile in 2004. The last Pontiac-badged cars were built in December 2009, with one final vehicle assembled in January 2010.

What was so special about the Pontiac GTO?

On the outside, the Pontiac GTO's styling stood out for its unique hood scoops at the front and dual exhausts at the rear end, with GTO badges, flaunted on both ends. The wider wheels with 7.50 x 14 redline tires significantly boosted its profile with a sporty taste.

THIS IS WHY THE MITSUBISHI 3000GT/GTO WAS A FAILURE - FORGOTTEN JDM

Why is the Pontiac GTO called the goat?

Somewhere along the way, the guys on the street began to call GTOs “Goats.” Only it wasn't a reference to “Greatest of All Time,” it was a play on the letters and a term of affection. By 1969, it even appeared in a corporately controversial GTO advertisement championed by DeLorean and Wangers.

What is the rarest American muscle car?

What are the rarest muscle cars? The Shelby Cobra Super Snake and the Shelby Mustang GT500 Super Snake are the rarest muscle cars ever built. Both were launched in 1967, both are made by Shelby, and both carry the Super Snake moniker.

Will Pontiac ever make cars again?

Although the Pontiac brand has seen better days, it's ready for a revival - no, General Motors is not bringing it back, but they have licensed a certain group called the Trans Am Depot to take care of it.

Could Pontiac be revived?

No, it won't. Winding out of Pontiac franchises cost GM billions of dollars. It was a desperate move to help save the corporation from its bankruptcy woes. But now that it is gone GM wouldn't suddenly bring it back.

Why is General Motors failing?

Company pensions and legacy health care costs were fixed as well. So when sales went down, many costs stayed fairly constant. And that led to losses. As the losses mounted and the economy struggled, these losses became so significant that GM could not survive as a viable business.

What is the rarest GTO?

Last weekend in Florida, Mecum Kissimmee a.k.a. “The World's Largest Collector Car Auction” shattered a record with the sale of a 1970 GTO Judge Ram Air IV Convertible for $1.1 million USD.

What was the fastest muscle car in the 1970s?

The Pontiac Trans Am was one of the fastest muscle cars of the '70s being beaten out by a small handful of cars on the U.S. market and running really close with cars like the 1979 Porsche 911 Turbo, a true sports car of the times, the Chevelle 454, and the Corvette LS6.

What was the 1 4 mile times on a 1966 GTO?

The single pass, winner-take-all showdown had the 1966 Pontiac GTO speeding through the quarter-mile trap in 14.14 seconds at 99.35 miles per hour, while the 1968 Oldsmobile Hurst/Olds turned in a 14.12-second time at 91.52 miles per hour to win the narrowest of victories.

What was the 1 4 mile times on a 1967 GTO?

With two testers and equipment aboard, they recorded 0-60 miles per hour (0-97 km/h) in 5.8 seconds, the standing quarter mile in 14.5 seconds with a trap speed of 100 miles per hour (160 km/h), and an observed top speed of 114 miles per hour (182.4 km/h) at the engine's 6,000 rpm redline.

Is Pontiac making a GTO again?

The last Pontiac GTO was the Australian-designed import, which is now coming up to 20 years old and makes for an interesting buy in 2023, one of the last chances to get a rear-wheel-drive, manual-transmission, V8-engined muscle car with no hybrid hardware or suite of autonomous driving features.

What does GTO stand for?

GTO: Meaning And Origins

Grand Turismo Omolgato in Italian (Grand Touring Homologated in English) refers to road-racing vehicles. In this case, the additional “O” is added to denote that the cars produced are not one-offs with limited production and public sales.

Where is the last Pontiac ever built?

The next year, the vehicle sold for $450 at a salvage auction and was shipped to Mexico, which is where the records end. It's a rather unceremonious end for the last production vehicle from Pontiac, a brand that ran for 84 years before it was shuttered by GM.

What was the last Pontiac ever built?

The last Pontiac ever built—a white 2010 Pontiac G6 with a four-cylinder—was sold for just $450 after it was totaled. It's a sad ending for a storied automaker. Pontiac was one of four General Motors-owned brands to hit the cutting-room floor amid GM's late-2000s bankruptcy and bailout.

What is the last car Pontiac made?

One of those brands was Pontiac, and by the end of that year, the brand had sold just 178,300 cars. The last car to wear Pontiac's red badge is a 2010 G6 that was built at the Orion Township Assembly Line in January 2010.

Is Pontiac Firebird coming back?

The Pontiac Firebird ended production officially in 2002 with the Pontiac brand going along with it in 2010. However, if you want a new Pontiac Firebird, the closest thing you can get is from a Florida-based company called Trans Am Depot.

Why won't GM bring back Pontiac?

There were two primary reasons for GM's decision to dispense with the brand. Pontiac has been unprofitable during the last few years of its existence. This put Pontiac in a fatal position given that GM was experiencing severe financial problems ahead of its bankruptcy in 2009.

Who bought out Pontiac?

Unfortunately, Murphy didn't live long enough to see its company thrive, and in 1909, General Motors acquired the division that will become known today solely as Pontiac. General Motors retained the Pontiac city name.

What was the baddest muscle car ever made?

What is the king of muscle cars?

The Dodge Challenger is King of the Muscle Cars – Dodge Garage.

What car costs $3 million dollars?

28. Koenigsegg Jesko: $3 million. The Jesko is our first hypercar that hits the three million dollar mark. From a performance aspect, this makes sense: the Koenigsegg Jesko is also one of the fastest supercars in the world in 2023 – which definitely goes a long way towards its sticker price.