Does GM still own the rights to Pontiac?

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haystack

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My step-father and I had a discussion the other day about GM and Pontiac. I theorized that GM probably still owns the rights to the name "Pontiac" so that even though Pontiac has been disbanded, they could bring it back at some point in the future if they wanted to. My step-father disagrees. Am I right, or not?
 
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