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GM and Hummer to split?

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  #1  
Old 06-03-2008 | 08:35 AM
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Default GM and Hummer to split?

Finally, GM is undertaking a strategic review of the Hummer brand to determine its fit within the GM portfolio. At this point, the company is considering all options, from a complete revamp of the product lineup to a partial or complete sale of the brand.


Wonderful, GM will become the "car-appliance" company, building little non-descript transportation machines for the ignorant masses. Love it or hate it, Hummer did what Saturn never could, give GM a division that everyone recognizes. Keep the brand, expand the offerings, killing it off would be brain-dead mismanagement, like handing Ford the police cruiser market in 1997.

As a former GM employee, I was never impressed with Rick Wagoner and I don't understand why he's lasted so long. The board should hand the company over to Lutz for a couple of years so he can clean house and put GMback in the black!
 
  #2  
Old 06-03-2008 | 08:58 AM
ockie's Avatar
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Default RE: GM and Hummer to split?

From this article. http://news.yahoo.com/s/ap/20080603/...m_shareholders

GM just announced that they are closing 4 truck factories and the Hummer Brand may be discontinued.
 
  #3  
Old 06-03-2008 | 09:00 AM
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Default RE: GM and Hummer to split?

I think the quote, from what I can tell, was they're going to conduct a 'strategic rethink' and selling was one option. I should have more info soon...
 
  #4  
Old 06-03-2008 | 09:07 AM
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Default RE: GM and Hummer to split?

Give GM a chance and they will do the wrong thing. I guess killing off the Corvette would be next on the agenda. GM, got any other best in the world products you want to quit making? Let us know Brian.
 
  #5  
Old 06-03-2008 | 09:31 AM
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Default RE: GM and Hummer to split?

They will turn over their GMC line of trucks to Hyundai
 
  #6  
Old 06-03-2008 | 09:37 AM
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Default RE: GM and Hummer to split?

GM sold their stake in Isuzu (Duramax) to Toyota, I hope they don't sell them Hummer!
 
  #7  
Old 06-03-2008 | 09:53 AM
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Default RE: GM and Hummer to split?

They say we are not making money. i say bs. I am seeing more H3's out on the street now than i ever have. I beleive the pricing is such that people are starting to see that these really do cost less that the loaded silverados,suburban's and the comparable ford & dodges. It's all about the mighty dollar.
 
  #8  
Old 06-03-2008 | 10:20 AM
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Default RE: GM and Hummer to split?

does that mean the HUMMER academy is closing also?
 
  #9  
Old 06-03-2008 | 11:10 AM
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Default RE: GM and Hummer to split?

ORIGINAL: sgt940

does that mean the HUMMER academy is closing also?
Doubtful, they still have H1 training there - and their facility also handles military Humvee training. The academy is run by AMGeneral, and isindependent of GM.
 
  #10  
Old 06-03-2008 | 11:23 AM
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Default RE: GM and Hummer to split?

I'm glad I got one before toyota screws it all up
 



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