GM could keep making parts for Hummer after possible sale

[Hummer Guy]

Originally Posted by RazM

Well, Rick "No Balls" Wagoner released a statement that they're still going through with selling HUMMER and that they have several parties interested in buying HUMMER.

I have one question though, when did GM announce that they're going through with the sale? All this time they have been saying they're considering all options.

It's been clear that GM is leaning towards a sale, but I'm not sure him saying there are 'interested parties' qualifies as an official statement that a sale is imminent.

That being said, I'd still put my money on GM unloading the brand instead of a portfolio revamp.

[RazM]

Well, then someone is twisting his words because it's been written as him saying they're moving as quickly as possible towards a sale.

[Hummer Guy]

Originally Posted by RazM

Well, then someone is twisting his words because it's been written as him saying they're moving as quickly as possible towards a sale.

His quote was: ?We have some interested buyers, and I can?t tell you anything beyond that right now but we are moving as fast as we can," which can be interpreted two ways. One, that they are moving towards a speedy resolution to the 'strategic review,' something they've been saying repeatedly -- or they're moving as fast as they can to a sell.

As long as I'm betting they're going to sell it, I'd also bet Rick Wagoner meant the former not the latter.