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02-24-2010, 09:34 PM
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Hummer Authority
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Join Date: Jan 2008
Location: Gaithersburg, MD
Posts: 1,763
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Re: Hummer Sold !!!!
General Motors says it will discontinue the line of massive off-road vehicles after its bid to sell the brand to a Chinese company failed.
For more information, visit washingtonpost.com:
http://link.email.washingtonpost.com...ZES/T8V5M/FW/t
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02-24-2010, 11:00 PM
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Hummer Professional
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Join Date: Oct 2007
Location: Sarasota
Posts: 346
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Re: Hummer Sold !!!!
Updated February 24, 2010
GM to Kill Hummer Brand as Sale Falls Through
FOXNews.com
Chinese regulators reportedly would not approve the deal.
General Motors will close its Hummer division after efforts to sell it to Sichuan Tengzhong Heavy Industrial Machines of China could not be completed, the company announced Wednesday. The news comes just a day after GM finalized the sale of Saab to Dutch automaker, Spyker.
In a statement, John Smith GM vice president of corporate planning and alliances states that "one year ago, General Motors announced that we were going to divest Hummer, as part of focusing our efforts on Chevrolet, Buick, GMC and Cadillac going forward. We have since considered a number of possibilities for Hummer along the way, and we are disappointed that the deal with Tengzhong could not be completed."
Earlier in the day there were reports that since Chinese regulators were refusing to approve the sale, Sichuan Tengzhong was in the process of creating an offshore company to purchase the automaker.
GM will begin an orderly wind-down of the Hummer brand immediately while retaining responsibility for warranties and sales and service. The company has previously started the process of closing its Pontiac and Saturn brands as part of its broader restructuring.
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2009 H2 Hummer It's here!!
2006 H2 Hummer Gone and missed
1998 993 Porsche Twin Turbo (Last one made)
2006 Baja Performance 88 MPH
2008 GT2 Porsche
2009 DBS
"I object and take exception to everyone saying Obama and Congress are spending money like a drunken sailor. As a former drunken sailor, I quit when I ran out of money"
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03-06-2010, 12:26 PM
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Hummer Veteran
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Join Date: Nov 2005
Location: Finland
Posts: 126
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Re: Hummer Sold !!!!
So no more new hummers.
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03-06-2010, 02:53 PM
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Hummer Veteran
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Join Date: Nov 2009
Location: Georgia
Posts: 85
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Re: Hummer Sold !!!!
So I am now driving a collectors item. My H2 is the last vehicle I will ever own and with a little TLC should be worth some serious $$$ to my kids or grandkids 
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2004 Black H2
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03-10-2010, 07:46 PM
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Hummer Authority
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Join Date: Jan 2008
Location: Gaithersburg, MD
Posts: 1,763
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Re: Hummer Sold !!!!
Doesn't really matter if it's "gonna be worf $$$"...
...it's in my driveway...it's paid for...it goes over sh!t...
That's all that matters to me.
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03-10-2010, 10:26 PM
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Hummer Expert
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Join Date: Sep 2005
Location: "Live Free or Die"
Posts: 657
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Re: Hummer Sold !!!!
Yo mo fo, My bigg'n truck not be rebadged. Get yo facks strate dumb azz. Now go bak on welfare and smoke mo crack. we Humma guys support your azz any how. 
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2006 H2 SUT Fusion Orange LE
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03-10-2010, 10:28 PM
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Hummer Authority
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Join Date: Jan 2008
Location: Gaithersburg, MD
Posts: 1,763
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Re: Hummer Sold !!!!
Quote:
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Originally Posted by Intercooled
Yo mo fo, My bigg'n truck not be rebadged. Get yo facks strate dumb azz. Now go bak on welfare and smoke mo crack. we Humma guys support your azz any how. |
 Word.
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03-12-2010, 09:57 PM
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Hummer Veteran
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Join Date: Jan 2007
Posts: 167
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Re: Hummer Sold !!!!
Quote:
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Originally Posted by guruerror
Doesn't really matter if it's "gonna be worf $$$"...
...it's in my driveway...it's paid for...it goes over sh!t...
That's all that matters to me.
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Guru be keepin it real!~
In the driveway, almost paid for, and goes over ANY sh!t I want to go over.  |
03-12-2010, 10:35 PM
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Hummer Veteran
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Join Date: Oct 2008
Location: San Diego, Las Vegas area
Posts: 192
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Re: Hummer Sold !!!!
Quote:
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Originally Posted by guruerror
Doesn't really matter if it's "gonna be worf $$$"...
...it's in my driveway...it's paid for...it goes over sh!t...
That's all that matters to me.
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Preach! |
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