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06-03-2008, 02:04 PM
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Hummer Authority
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Join Date: Jan 2004
Location: WI
Posts: 1,812
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The fate of the HUMMER brand
WILMINGTON, Del. - General Motors is closing four truck and SUV plants in the U.S., Canada and Mexico as surging fuel prices hasten a dramatic shift to smaller vehicles.
CEO Rick Wagoner said Tuesday before the automaker's annual meeting in Delaware the plants to be closed are in Oshawa, Ontario; Moraine, Ohio; Janesville, Wis.; and Toluca, Mexico. He also said the iconic Hummer brand may be discontinued.
Wagoner said the GM board has approved production of a new small Chevrolet car at a plant in Lordstown, Ohio, in mid-2010 and the Chevy Volt electric vehicle in Detroit.
Wagoner announced the moves in response to slumping sales of pickups and SUVs brought on by high oil prices. He said a market shift to smaller vehicles is permanent.
GM shares rose 36 cents, or 2.1 percent, to $17.80 in premarket trading.
The cuts will affect about 2,500 workers at each of the four facilities, although Wagoner did not know exact numbers. Many will be able to take openings created when 19,000 more U.S. hourly workers leave later this year through early retirement and buyout offers.
He said the company has no plans to allocate products to the four plants in the future.
The moves will save the company $1 billion per year starting in 2010. Combined with previous efforts, GM will have cut costs by $15 billion a year, Wagoner said.
Wagoner said GM's board approved the production schedule of the Chevrolet Volt, and the company plans to bring the plug-in electric car to showrooms by the end of 2010. The Volt runs on an electric motor and has a small engine to recharge its batteries.
He said the change in the U.S. market to smaller vehicles likely is permanent.
"We at GM don't think this is a spike or a temporary shift," Wagoner said.
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06-03-2008, 02:18 PM
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Hummer Authority
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Join Date: May 2006
Location: Upstate NY
Posts: 1,050
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Re: The fate of the HUMMER brand
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2009 Gray H3T, Aventure Pkg, 4 speed Auto, Brush Guard, Trailer Pkg., Elec Driver's Seat, 6CD audio, Slant back cap.
Gone: 2006 Red H3, Aventure Pkg, 5 Speed, Monsoon, Brush Guard, Rubber Foor mats, Trailer package, Chrome Fuel door, Engine Block Heater.
"You?re making the choices about whether you want to drive a little extra more or not drive extra more."
29-Jul-2008
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06-03-2008, 05:12 PM
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Hummer Guru
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Join Date: Jan 2005
Location: Oregon
Posts: 4,321
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Re: The fate of the HUMMER brand
I saw this on the news this morning. So what other models will GM stop building? Escalade? Denali? Suburban?
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If it has tires or testicles, you're going to have trouble with it
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06-03-2008, 06:22 PM
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Hummer Authority
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Join Date: Oct 2005
Location: Where you live??
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Re: The fate of the HUMMER brand
Just like everything else done in America this is a kneejerk reaction. What I never understood is why a car manufacturer would have 3 variations of basically the same vehicle with a different name. Anyone explain this??
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06-03-2008, 09:28 PM
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Hummer Authority
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Join Date: May 2006
Location: Texas
Posts: 1,132
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by NewHummerGuy
Just like everything else done in America this is a kneejerk reaction. What I never understood is why a car manufacturer would have 3 variations of basically the same vehicle with a different name. Anyone explain this??
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The Tahoe, the H2...what's the third?
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06-03-2008, 10:19 PM
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Hummer Guru
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Join Date: Sep 2007
Location: In my prime....
Posts: 2,549
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Re: The fate of the HUMMER brand
Hummers may come and go but it's ok, as long as Elcova is still around....
Just think RYD, after everybody gets rid of their Hummers, you might just fulfill that lifelong dream of being a moderator....
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Alaska...If it's brown it's down!
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06-03-2008, 10:22 PM
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Hummer Authority
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Join Date: May 2006
Location: Texas
Posts: 1,132
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by Big Dad
Just think RYD, after everybody gets rid of their Hummers, you might just fulfill that lifelong dream of being a moderator....
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06-03-2008, 10:38 PM
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Hummer Authority
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Join Date: Oct 2005
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by SnakeH2
The Tahoe, the H2...what's the third?
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HAHAHOHO
Nah you know what I mean. Like Chevy has a truck and then GMC has basically an identical truck with a different name.
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I'm Gonna crazy you my body
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06-04-2008, 12:08 AM
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Hummer Guru
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Join Date: Dec 2005
Location: In a FREE U.S.A. where Marxism, Socialism & Communism is not allowed !
Posts: 5,485
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by Big Dad
Hummers may come and go but it's ok, as long as Elcova is still around....
Just think RYD, after everybody gets rid of their Hummers, you might just fulfill that lifelong dream of being a moderator....
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HUH !!!
BTW...BBC America reported that GM may sell the HUMMER brand to Chrysler (Jeep)
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06-04-2008, 12:21 AM
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Hummer Guru
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Join Date: Dec 2002
Location: Anywhere you're not!
Posts: 5,006
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by NewHummerGuy
HAHAHOHO
Nah you know what I mean. Like Chevy has a truck and then GMC has basically an identical truck with a different name.
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I remember the chevy cavalier, pontiac sunbird, buick century, cadillac cimmaron and some other oldsmobile all being on the same platform in the 80s.
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06-04-2008, 01:04 AM
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Hummer Authority
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Join Date: Oct 2005
Location: Where you live??
Posts: 1,947
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by Adam in CO
I remember the chevy cavalier, pontiac sunbird, buick century, cadillac cimmaron and some other oldsmobile all being on the same platform in the 80s.
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Thats what I dont get. Seems like a waste of resources but what do I know.....I dont own a car company and lose billions of dollars
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I'm Gonna crazy you my body
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06-04-2008, 02:57 AM
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Hummer Guru
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Join Date: Jan 2005
Location: Oregon
Posts: 4,321
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by RubHer Yellow Ducky
[/b][/color]
BTW...BBC America reported that GM may sell the HUMMER brand to Chrysler (Jeep)
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Now we're screwed
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06-04-2008, 03:50 AM
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Hummer Messiah
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Join Date: Feb 2003
Location: Federal penitentiary
Posts: 21,046
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by Big Dad
Just think RYD, after everybody gets rid of their Hummers, you might just fulfill that lifelong dream of being a moderator....
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Looter Guy will be a moderator here before RYD.
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Fishing Again.
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06-04-2008, 04:56 AM
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Hummer Guru
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Join Date: Sep 2007
Location: In my prime....
Posts: 2,549
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by CO Hummer
Looter Guy will be a moderator here before RYD.
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Alaska...If it's brown it's down!
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06-04-2008, 05:00 AM
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Hummer Authority
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Join Date: Mar 2006
Location: Sacramento, CA
Posts: 1,075
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Re: The fate of the HUMMER brand
"Elcovians for Change"
Lootie for Moderator '08
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06-04-2008, 05:01 AM
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Hummer Professional
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Join Date: Sep 2006
Posts: 497
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Re: The fate of the HUMMER brand
Quote:
Originally Posted by RubHer Yellow Ducky
[/b][/color]
HUH !!!
BTW...BBC America reported that GM may sell the HUMMER brand to Chrysler (Jeep)
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Gimme a break--Chrysler can't even buy paper to file bankruptcy on.
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H2 REBEL lennyrebel
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