CNN Report: Hummer to Build H3

[MAC]

SUT and H3 are no news, too bad no photo of H3. But this is the first time ever I heard about H4!

Devine reiterated that GM will launch a sport utility truck (SUT) version of the Hummer H2, which is due to go on sale in second quarter in 2004. Devine added; "We have something called the H3, which will be a downsized version of the H2, coming out shortly after that, and we're thinking, frankly, about an H4."
Mike DiGiovanni, the head of GM's Hummer division, told Reuters in an interview that the H3 has not yet been fully approved. "If all things remain equal, we don't have some negative economic downturn, I think John's comments are accurate; it will fall shortly after the SUT (H2 sport utility truck). It's proceeding very well."

"With H3, we expect to do over 100,000 units a year," DiGiovanni said. GM officials have said previously that the H3 could be priced starting in the $30,000 to $35,000 range.

He also confirmed that GM is studying building an H4. "At this point, it's a concept, it's an idea. we really have a ton of work to do to determine whether we can make a business case," he said.