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Hummer Guy says HUMMER Sale Looks Unlikely
Posted by: TimothyT on: 04/06/2010 01:42 PM in Automotive [ Print ]
While many at HummerGuy were hoping for a last-minute miracle to save the HUMMER brand, signs from Detroit are indicating that HUMMER production will soon cease
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Hummer Guy says HUMMER Sale Looks Unlikely
Quote from the article:
GM is maintaining that HUMMER is in the wind-down process, though when pushed for confirmation that they were still evaluating offers, GM would not offer comment – a much different stance than when HUMMER’s CEO confirmed in February that they were evaluating offers and HUMMER fans were told to keep hope alive. A Chicago-based investment firm is organizing a summit this Sunday for key HUMMER stakeholders (dealers, leaders of HUMMER clubs, etc) though it appears that such a meeting may be unproductive if GM isn’t willing to evaluate any more proposals. GM confirmed they were aware of the summit, but said they had not received an invitation nor had any plans to send representation. |
Hummer Guy says HUMMER Sale Looks Unlikely
