The way I heard it was-----
Back in the 20th century around the 20's, Hotpoint was a division of Edison Electric.They were well known mostly for electric appliances like irons,coffepots and toasters.GE was working on inventing an electric range but Hotpoint patented it first. So, GE,being the giant in electrical products just ahead of Westinghouse,boght Hotpoint so they'd be able to have the market and made Hotpoint "a quality product of General electric". yes,the Hotpoint line had their haydays from the 30's through the late 60's but,by the 70's,their design,performance and quality went out the door and pretty much ruined their reputation for any quality.The only market that soared for them were the homebuilders,property management,and construction companies that would buy their appliances in lots for different homes like apartment complexes and large neighborhoods consisting of many individual houses.Harvest gold was the most popular color chosen by these builders and coppertone was the second most popular.