GM is hurting, folks. Seems development dollars are at a premium at the world's largest automaker. After a few years of giving the opponents angles (like a boxer), with the successful resurgance of Cadillac and the hot 'Vette, it appears GM is now just backing up and fighting off the ropes. Hopefully GM can counter a little with that new Pontiac 2-seater soon to debut, because GM needs to stay in the fight!
And no one be happy, if the GTO get canceled. While its styling is everything everyone hoped for, the car is sweet mechanically. It would be a shame to lose yet another RWD American performance car.