GM Stops Production of Hummer

[HummerHippy]

http://articles.moneycentral.msn.com...roduction.aspx

When General Motors' assembly plant in Shreveport, La., opened this morning, there was a 2.5-ton hole in the lineup left by the Hummer. GM has halted production of the H3 and H3T, the last two Hummers that were still being made.

GM negotiated the sale of Hummer to a Chinese company in 2009, but the deal has yet to gain approval of the Chinese government, and analysts are skeptical the sale will go through. If the sale fails, the final Hummer will have rolled off the assembly line last week.

[hummeraddict]

Originally Posted by HummerHippy

http://articles.moneycentral.msn.com...roduction.aspx

When General Motors' assembly plant in Shreveport, La., opened this morning, there was a 2.5-ton hole in the lineup left by the Hummer. GM has halted production of the H3 and H3T, the last two Hummers that were still being made.

GM negotiated the sale of Hummer to a Chinese company in 2009, but the deal has yet to gain approval of the Chinese government, and analysts are skeptical the sale will go through. If the sale fails, the final Hummer will have rolled off the assembly line last week.

I think the deal will get done eventually. It is just pissing me off that it is taking this long. CEO Jim Taylor seems like he's already got everything planned out.....Picking the HQ, Talking about future models, customer service, employment, etc. I would be unbelievably surprised if it doesn't get passed.

[HummerMann]

This is the saga that never ends! Will Hummers continue to be made and if so will it be in the US? Will we ever see a new H2 or the Hx roll off the line? How much longer can dealers bleed red ink with Hummer while they wait for the Hx?
I read the coments at the end of the article and only one person talked about the loss of American jobs if Hummer is discontinued. What serious offroad vehicles are left without the Hummer - Jeep Rubicon? Land Rover Discovery? Toyota FJ cruiser, Ford F150 Raptor??? Except for the Discovery and the FJ, I wouldn't want the others for a daily driver. The Hummer always has been a target for the press and on the road they are the most easily recognizable vehicles. I hate to think about people buying Hummers as collectibles and parking them in the garage. These machines are meant to take on mud, water, snow and rock!

[HummerHippy]

I read a story about auto companies stopping production on some models in the next year or two. I think the FJ Cruiser is in its last year (possibly 2).

And if the Hx doesn't become a production model, I wonder if this concept would be a fun alternative...

http://www.latestcar.us/mini/mini-be...cept-2010.html

[HummerJim]

I read the same thing about the FJ being in its last year. It's not over till the fat lady sings and I think a new buyer for Hummer will surface if the Chinese nix this deal. If it doesn't go through GM would still be liable for all Hummer warranty work, so there is some incentive for them to close the deal. I still don't think AMGeneral is totally out of the picture yet.

[hummeraddict]

Originally Posted by HummerJim

I read the same thing about the FJ being in its last year. It's not over till the fat lady sings and I think a new buyer for Hummer will surface if the Chinese nix this deal. If it doesn't go through GM would still be liable for all Hummer warranty work, so there is some incentive for them to close the deal. I still don't think AMGeneral is totally out of the picture yet.

Does AMGeneral have $950 Million?