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Hummer Sale

GM Ending Hummer: Controversial Brand To Be Discontinued (PHOTOS)

Posted 05.25.2011 | Business

The AP is reporting that the Hummer brand is no more, after a deal with a Chinese manufacturer fell through. It's not GM's first failed deal to se...

Ford, GM, IBM and China: A Match Made in the Han Dynasty

John Wagner Givens | Posted 05.25.2011 | Home
John Wagner Givens

For cultural and historical reasons, China has relatively less experience in brand building, so the US currently seems to have a comparative advantage in internationally known brands.

Hummer In China: Will It Be Fuel-Efficient?

TIME | Austin Ramzy | Posted 05.25.2011 | Business

The sale of General Motors' Hummer division to a Chinese buyer has yet to be finalized, but one thing about the future of the iconic American brand se...

Hummer Sale: Buyer Said To Be Chinese Company | KEITH BRADSHER and NICK BUNKLEY | Posted 05.25.2011 | Business

GUANGZHOU, China -- General Motors has reached a preliminary agreement for the sale of its Hummer brand of large sport utility vehicles and pickup tru...

Hummer Dealers Impacted

New York Times | NICK BUNKLEY and BILL VLASIC | Posted 05.25.2011 | Business

CHESTERFIELD, Mo. -- In 2005, Jim Lynch placed a big bet on a big vehicle. He was already a successful Hummer dealer, but he spent $7.5 million on ...

GM, Chrysler Want Billions More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?

GM's Hummer Sale Draws Interest From China, Private Equity: Report

Bloomberg | Jeff Green, Alan Ohnsman and Zachary R. Mider | Posted 05.25.2011 | Business

Feb. 12 (Bloomberg) -- General Motors Corp., planning asset sales to keep $13.4 billion in U.S. loans, has attracted interest in its Hummer brand of l...

Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.

Car Sales Tank; Detroit Visits DC, Pt. II

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Now that they have our attention, the Detroit Three, in plans submitted to Congress Tuesday, increased their appeals for federal loans from $25 billion to $34 billion.

GM Can't Unload Hummer Even On Chinese Military

Clusterstock | Corey Lorinsky | Posted 05.25.2011 | Business

Despite how badly GM wants to dump the Hummer, a looming global recession (and of course high oil prices) may be putting the kibosh on that plan. Gen...