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SUNDAY, NOVEMBER 22, 2009
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9

GM Strikes Hummer Deal

Buyer, price not disclosed

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(Newser) – General Motors has announced a "tentative" plan to sell its Hummer brand to a buyer who could take control by the end of the third quarter, says the Wall Street Journal. The firm didn’t say who was buying it or for how much, but noted that the purchaser plans to continue growing the brand portfolio and eventually create alternative-fuel Hummers. GM will keep building Hummers for the new owner “through at least next year,” the Journal notes.

A Chevrolet Corvette is reflected in a Hummer H3T at a General Motors dealership in Burlingame, Calif., Monday, June 1, 2009.
A Chevrolet Corvette is reflected in a Hummer H3T at a General Motors dealership in Burlingame, Calif., Monday, June 1, 2009.   (AP Photo/Paul Sakuma)
Hummers in a showroom devoid of sales people at Tustin Hummer, a dealership in Tustin, Calif., Monday, June 1, 2009.
Hummers in a showroom devoid of sales people at Tustin Hummer, a dealership in Tustin, Calif., Monday, June 1, 2009.   (AP Photo/Mark Avery)
Hummers on the lot at Tustin Hummer, a dealership in Tustin, Calif., Monday, June 1, 2009.
Hummers on the lot at Tustin Hummer, a dealership in Tustin, Calif., Monday, June 1, 2009.   (AP Photo/Mark Avery)
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9 comments
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NutsInNY
Jun 2, 09 7:31 AM CDT
GM knew when enough was enough. ---- Thank you, ---- Howard Evan Roberts ---- alcedp.com ---- alcedp@alcedp.com Reply
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-1
IN RESPONSE:
SPH
Jun 2, 09 12:06 PM CDT
Your knowledge of engineering, both mechanical and industrial, are obviously non-existent.....
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0
Nwambe
Jun 2, 09 7:45 AM CDT
I agree. ----- How Hard Is Evan Roberts ----- ivegottheclap@ivegottheclap.com Reply
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-1
spdavid
Jun 2, 09 7:51 AM CDT
The Hummer platform is basically a truck/suv platform.I think it could underpin a variety of variations and I hope a clean turbo diesel is on the way. Reply
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+2
scootersrockin
Jun 2, 09 7:54 AM CDT
Expecially with Cummins LDD Diesel. Reply
Vote up! Vote down!
+1

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