By on April 14, 2010

HUMMER fans have a new champion in Illinois Senator Roland Burris, who has agreed to investigate GM’s shutdown of the SUV brand according to Attempts to keep the HUMMER brand alive are being fielded by Capital & Labor International Coalition, a recently-founded fund management firm created by Thane Ritchie, founder of Ritchie Capital Management, as well as failed HUMMER bidder Raser Technologies and The Electric Motor Corporation. According to Hummerguy,

CLIC is hoping for an “acquisition by coalition,” which would involve cooperation with private capital and U.A.W. resources. Union representatives from both HUMMER production facilities were on hand to hear the plan and are running the idea up the chain of command to the International U.A.W..

Raser’s plan comes down to a single, laughable idea: that HUMMER can survive by selling extended-range electric versions of its H3, according to Fox News. The firm claims an EREV H3 could achieve 32 MPG on the highway, using “proven technology.” The long-rumored H5 compact off-roader also figures into the firm’s plans.

If recent history tells us anything, the combination of eco-friendly vaporware, union backing and a friendly Senator can be enough to make even as bad an idea as this one become reality. We’ll be watching this with interest…

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19 Comments on “Senator Investigating The Death Of HUMMER...”

  • avatar

    You’d think all the vapor being released into the atmosphere by all these overzealous eco-automakers would cancel out any potential environmental benefit of selling actual cars.

    Of course, the bigger players aren’t doing much better. It’s a very tedious time for the electric auto industry. Nothing’s out yet!

    Chevy Volt? Not yet…
    Prius PHEV? Not yet…
    Tesla sedan? Not yet…
    Fisker Karma? Not yet…
    Chrysler ENVI? Zombified…
    Nissan LEAF? Not yet…

  • avatar

    Ever read about those “universities” that were set up for the sole purpose of tapping government education subsidies? This is the automotive equivalent, and a way of funneling taxpayer cash to protected groups. I eagerly await learning that parties as disparate (and equally dependent for existence on Congress and the Administration) as the US border patrol, NASA, and ICE are “expressing interest”.

  • avatar

    Gotta save those nice union jo… I mean that brand.

  • avatar

    TTAC should form a research and studies group to ponder the nature and effects of motorized transport and conveyance. There ought to be some grant money for that.

    First thesis: Hummer, A Study of Gender Preference Perspectives in North American Markets

  • avatar

    At least this will answer the burning question, “What the heck has Roland Burris ever done?”

  • avatar

    This is too funny. Roland Burris is going to save the Hummer. Roland, um, Senator Burris must be desperate for a good cause.

    He might do better trying to resurrect the Trabant.

  • avatar

    Or his reputation.

  • avatar

    Our top story tonight: Generallissimo Francisco Franco is still dead.

    Or is he?…

  • avatar

    A gem from the cited FoxNews article:

    “GM says it will shut down the brand, rather than sell to Raser.GM did not respond to The Car Connection’s request for more information, but last week it suggested to The Atlantic that it had concerns over Raser’s ability to service warranty claims. No specifics on how Tengzhong, which has no experience in the American car market, would do the same, have been offered.”

    Does anyone really believe an inability to service warranty claims is the sticking point with GM? If ever there was a time for a GM fire sale, this is it. I’d like to know what’s really gumming up the works, because HUMMER needs to get out of my pocket.

    • 0 avatar

      After the Chinese deal fell apart, perhaps there was a decision made that it really wasn’t worth the time to attempt another deal.

      It costs a lot of money with legal and exec time, plane trips, spiffy hotels and caterers, and whatever else you care to bill to the sale.

      At a certain point one just throws in the towel, because the direct costs of selling it are too close to equal to what you will receive from the sale.

      Moreover, if the new owners go tango uniform in two years, GM would be somehow compelled to step back in. Even GM will admit that Bernie is dead. Carrying him around for the weekend may be fun, but it ain’t bringing him back. And sooner or later, the air freshener quits working.

    • 0 avatar

      Makes sense. If that’s the case, GM needs to leave the plug pulled and take whatever actions necessary to make the idea of resurection moot, even to the dimmest congressperson.

    • 0 avatar

      That’s my best theory.

      I agree, there’s just nothing to save and the quicker it dies, the less chance of repercussions/resurrections.

    • 0 avatar

      The only thing I can figure is that because Hummer is such a high-profit, low-volume niche brand (unlike, say, Saturn and Pontiac, which are low-profit, high-volume brands), GM figures they’ve still got a shot at retrieving the brand at a later date. They must still think the huge drop in inefficient SUV sales is cyclical and will eventually return to the point where crap like the Hummer will sell like gangbusters again.

      So it’s worth it to them to keep on trying to find some schmucks to keep it alive until such time as GM can pick over the bones and re-purchase the brand for a song.

  • avatar

    For god sakes, just let this useless brand die already! HUMMER is everything that is wrong with America and what was wrong with GM condensed into a four-wheeled transportation device. I WANT IT GONE ALREADY!!

  • avatar

    He’s Dead Jim.

  • avatar

    Please just let it be. Please. The joke is over (thankfully) so there is no reason to drum up reasons to save it.

    Please, just let Hummer die and its band of compensating jackholes find another pointless schoolbus in the Government Motors stable to accessorize for urban warfare.

    The joke has played out.

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