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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Hummer

Hummer stories: 26 news summaries

1 - 20 of 26 Stories | 1 2 Next >>

pop science
(Newser) - A dog has about the same impact on the planet as an SUV, according to a study out of New Zealand. The authors of Time to Eat the Dog? The Real Guide to Sustainable Living claim the environmental footprint of a Toyota Land Cruiser is smaller than the ecological impact... More »

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 Hummer Sold to Chinese Firm 

GM offloads brand to Chinese heavy-equipment maker

(Newser) - General Motors has finalized a deal to sell its iconic Hummer brand to Chinese heavy-equipment maker Sichuan Tengzhong Heavy Industrial Machinery Co. The deal will save 150 Hummer dealerships and 3,000 American jobs, execs say. The vehicles will be assembled at GM plants in the US until 2011 under... More »

(Newser) - The Obama administration is hyping the cash-for-clunkers program as a chance for Americans to buy more fuel efficient cars, but not all buyers are going greener. Bulky SUVs and even trucks can be purchased with the $3 billion government subsidies, reports AP. Washington is refusing to release detailed records of... More »

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ANALYSIS

How Taxpayers Can Profit From the New GM

A change in the automotive paradigm would be worth more than any dividend

(Newser) - Tomorrow will see the death—and rebirth—of General Motors. And with the government taking a 60% stake, it's reasonable to wonder whether taxpayers will ever see a return on their investment, writes Matthew DeBord for the Big Money on Slate. But the focus on money might be "short-sighted,... More »

China Won't Allow Hummer Sale: Report

Country KOs GM deal with manufacturer over environmental worries

(Newser) - Beijing will halt GM’s sale of the Hummer brand to a Chinese machinery firm over pollution concerns, according to Chinese state radio. The purchase would run counter to the government’s goal of reducing pollution caused by manufacturing, the BBC reports. The Chinese firm shrugged off the report. “... More »

Schwarzenegger Happy to See Hummer Go to China

Calif. Gov. believes Chinese owners will be able to ratchet up mileage

(Newser) - California Gov. Arnold Schwarzenegger helped popularize the Hummer by driving one, but he's not worried that its days of American ownership are over, reports the Los Angeles Times. The gas-guzzler has come to symbolize Detroit's failure to innovate, and the brand's new Chinese owners will be able to double the... More »

Analysis
(Newser) - The news that an obscure Chinese heavy equipment manufacturer is probably making government officials pull their hair out in frustration, writes Andrew Peaple of the Wall Street Journal. “Beijing is keen for Chinese companies to expand overseas,” he allows. “But they’re also hoping for some... More »

UPDATED

 Chinese Machinery 
 Firm to Buy Hummer 

Company aims to become carmaker

(Newser) - After General Motors announced a plan to sell the brand, the identity of Hummer’s buyer has emerged: It’s a Chinese machinery firm that aims to become an automaker, an insider tells the New York Times. GM’s deal with the Sichuan Tengzhong Heavy Industrial Machinery Company was subject... More »

 GM Strikes Hummer Deal 

Buyer, price not disclosed

(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... More »

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GM Close to Hummer Sale That Would Save 3K US Jobs

Has picked a buyer; deal would be finalized by Sept.

(Newser) - GM has selected an unnamed investor to buy its hulking Hummer brand, in a move aimed at saving more than 3000 US jobs, sources tell the Wall Street Journal. They say the company hopes to seal the deal, rumored to be in the $200 million range, by September. An... More »

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(Newser) - Many Republicans won’t touch fuel economy issues, but not Sen. Orrin Hatch. He’s been an advocate for alternative-fuel vehicles for a decade, and yesterday got behind the wheel of the most muscular hybrid ever, reports Dana Milbank of the Washington Post. A company from Hatch’s native... More »

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China Senate General Motors Utah Orrin Hatch hybrid car Hummer Hummer H3

Seeking Sales Bump,
GM Targets Middle East

New models will be introduced soon

(Newser) - General Motors hopes to rebound from a 19% first-quarter drop in Middle East sales by introducing new models and helping buyers with down payments, Reuters reports. "There are a lot of people who walk into showrooms who aren't able to buy because they can't get financing," says the... More »

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 In Iraq, Hummer's 
 the Hottest Ride 

While 20,000 patrol the streets, 20 civilian Hummers are setting a trend

(Newser) - An American military icon has become all the rage in war-weary Baghdad: the Hummer. With at least 20,000 military Humvees on the road, the civilian version seems an unlikely symbol for auto-elitism, but a dealership run by two brothers indicates otherwise. They estimate they've sold 20 H3s in the... More »

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 Want a Traffic Ticket?
 Buy a Hummer 

Drivers of burly SUV 4.63 times more likely than average to get in trouble with law

(Newser) - Hummers and Scion’s tC top a list of cars most likely to receive moving violations, the Los Angeles Times reports. A study links tickets to size and power—the Hummer is one of the biggest “cars” on the road—and driver age, which applies to the Scion, marketed... More »

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OPINION

 Detroit's Sourest 
 Lemons 

A look at these clunkers will leave little doubt why Motown's in such a mess

(Newser) - With Detroit automakers making headlines on Capitol Hill, the New York Daily News offers a retrospective on the Motor City’s biggest lemons:
  • Ford Edsel: A gas-guzzling marketing disaster that became a byword for failure.
  • Chevy Aveo: From 0 to 60 in 11.7 seconds.
... More »

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GM Considers Axing Brands
to Win Aid

Pontiac, Saab, Saturn could go on
chopping block

(Newser) - General Motors is considering eliminating some of its brands in an effort to win federal aid, sources tell the Detroit Free Press. The automaker, sent back to Detroit by Congress and told to come back with a better business plan, is said to be considering all options, including ditching its... More »

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Arab Investors Interested in GM's Hummer Brand

As US sales slide, GM looks overseas to unload gas-guzzler unit

(Newser) - There may soon be more Hummers heading to the Persian Gulf, this time as two Gulf Arab investors signal interest in buying GM's troubled brand of SUV—modeled on the military vehicle. Analysts have expected the gas-guzzler to be tough to unload, but low fuel prices, economic prosperity, and Hummer’... More »

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(Newser) - While soaring gas prices are driving Americans to buy more energy-efficient cars, Chinese consumers are opting for gas-guzzling Buicks and Hummers, reports the Washington Post. China accounts for 40% of the world's recent increase in oil demand. There were few private cars in China 15 years ago, but today... More »

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 Haters, Gas Fail to
 Crush Hummer Pride

Soaring fuel may be stunting sales, but owners won't surrender

(Newser) - Sure, the Hummer may be going the way of the dinosaur: Sales are down 40% this year on soaring gas and an eco-image problem, and GM is looking to ditch its troubled brand. But for owners, the AP reports, outsized pride remains part of the package. "It definitely sparks... More »

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GM to Announce New Round
of Major Cuts

$4 gas threatens workforce, car and
truck production

(Newser) - General Motors is expected to announce another big round of cost-cutting measures today, Bloomberg reports. Insiders say the ailing automaker, hit hard as consumers leave gas-guzzlers standing in car lots, is likely to slash thousands of jobs and reduce production of trucks and SUVs for the second time in two... More »

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1 - 20 of 26 Stories | 1 2 Next >>