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Chevrolet Aveo Replacement Postponed

GM has been doing a major overhaul on their company, the latest news is that Pontiac just got the axe. Another is the Aveo replacement has been postponed until January 2011. Originally Aveo's replacement T300 was to make its debut in the April of 2010. In effort to keep things going, Pontiac's partnership with Daewoo is reportedly seeking additional loans from the Korea Development Bank after running through all $2 billion of its available credit lines.