With its, sporty look, responsive power plant appealing standard features such as a driver-side air bag and four-wheel anti-lock brakes (ABS), the Pontiac Grand Am is poised to challenge its primary competitors, namely the Honda Accord and Toyota Camry. And at a base price significantly lower than both sedans, the Grand Am is a good value. Pontiac's leading seller with more than 200,000 units moved in the 1993 model year-should expect to grab the attention of those not already loyal to the import competition. Although little has changed for 1994, Pontiac is now offering an optional 3.1liter V6 engine, coupled with a four-speed automatic transmission. We chose this power train for our test vehicle, a Grand Am SE Sedan. Other options we selected included air conditioning, cruise control, an electric rear-window defogger, power windows, 16-inch cast aluminum wheels and touring tires, all of which brought the total price to $16,813, up from an MSRP base price of $12,614.