Friday, February 27, 2009

The Final Four: not sponsored by Pontiac

We guess it is a good thing they will not be using our bailout money for this. When the NCAA first announced the location of the Final Four in Detroit the Big 3 automakers were planning major parties for themselves and their clients. Luxury boxes, champagne, lobster and caviar. Wow, how things have changed.

When the NCAA men's basketball tournament comes to Detroit for the Final Four in early April, don't expect to see General Motors executives, dealers or clients in the suites that they've purchased.

General Motors is in the process of trying to sell the suites, according to Larry Peck, promotions manager for the Buick and Pontiac brands.

Trying to sell them in a down economy? No wonder why these guys are in trouble. Still, a small part of us is smiling.