Comments on: GM CEO on HUMMER: Should it Go or Should it Go?

By: monkeyboy

monkeyboy — Sun, 24 Aug 2008 18:03:58 +0000

Apparently not that much a niche vehicle in the rest of the world. They planned to build a new H3 plant in Brazil and South Africa. The H3 is actually a viable contender with Land Rover worldwide.

GM isn’t just laying in the fetal position and sucking their collective thumbs. Yup, the Ricky Bobby show ain’t playing well . Here.

NA sucks for everyone that makes cars. Some are just not losing as much as others. But there are some making greater gains elsewhere than those doing well here.

By: Areitu

Areitu — Fri, 22 Aug 2008 20:43:57 +0000

If anything, Hummers are a niche/prestige vehicle outside of the US. Even in China, they’re hilariously impractical.

Why not sell it to Cerebus? :)

By: monkeyboy

monkeyboy — Fri, 22 Aug 2008 20:29:25 +0000

Where does it state that “it’s definitely going to India?” That’s quite the leap.

Kourkorian might make a Capt. Kirk Model for sale here in the good ol U.S.A.

Maybe Am General wants it back with three new models and the foreign branding and dealers too.
It’s not just a U.S. thang ya know.

By: SupaMan

SupaMan — Fri, 22 Aug 2008 18:49:10 +0000

So now I’m reading via our good friends at Motor Trend that Hummer is indeed up for sale, citing that trying to make thr brand more fuel efficient would be too expensive giving GM’s current financial status (Death Watch anyone?) href=”http://wot.motortrend.com/6290358/industry-news/gm-makes-up-its-mind-hummer-now-officially-for-sale/index.html” rel=”nofollow”>

Oh well, it had to happen sooner or later. Wonder who in their right mind (maybe Arabs?) would buy the brand.

By: rpol35

rpol35 — Fri, 22 Aug 2008 17:48:37 +0000

It makes you wonder if the smart thing to do is just stop the madness and quit making it (Hummer) all together. It’s a damaged brand regardless of who owns it because of world-wide fuel prices not just here in North America. And of course the “Buy High/Sell Low” (timing is everything!) mentality makes a mess of it.

Hummer’s market value has to be no more than a drop in the bucket compared to GM’s HUGE cash needs; makes me wonder what the avoidable cost savings would be by just giving up.

By: jaje

jaje — Fri, 22 Aug 2008 16:30:20 +0000

With all this corporate double speak, how can you 100% tell when a GM executive is lying? His lips are moving.

By: hltguy

hltguy — Fri, 22 Aug 2008 16:29:42 +0000

It was reported on MSN and AP this morning that the American auto companies are going to seek $25 billion in loans from the federal government, as they claim they need “$40 billion” to survive. As one taxpayer and business owner I cannot describe how angry this makes me. These overpaid, stupid toad “executives” are making millions of dollars personally and want us to bail them out. I hope that all Americans finds this as ridiculous as I do and never buy another American branded car again. I know, I know, what about the poor union worker. Well, guess what the gravy train ran for a lot of years and it is now derailed, go do something else. The U.S. is already going bankrupt.