V8 trucks can get good gas mileage. The Chevy SSR with a 390HP version of the Corvette LS2 V8 weighs over 4700 pounds, like an H3, and can get 20 MPG highway. Yeah, it's only 2-wheel drive. The H3 interior is WAY nicer than an SSR's, too.
My guess is Hummer didn't want another H2, which is what Joe Public probably would have thought of a V8 H3.
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