General Motors to stop Hummer production

     A sad news for Hummer fans! General Motors which owns the Hummer brand has decided to stop Hummer production and to wind off operations associated with Hummer brand.

     General Motors has been in talks with China based Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd., which showed interest in buying the Hummer brand. However the talks failed and the US auto major decided to wind off the Hummer operations.

     Not to forget, General Motors had filed for bankrupcy last year due to recession and started selling its sub brands to mobilise money to sustain in the industry. General Motors was succesful in selling SAAB brand to Spyker earlier this week.

     General Motors now wants to focus on its other brands, Chevrolet, Buick, GMC and Cadillac and want to work with Hummber employees, dealers and suppliers to wind down the business in an orderly and responsible manner. The company will continue to provide service support and spare parts to current Hummer owners around the world.
Share this article :

No comments:

Post a Comment

Search This Blog

Popular Posts

 
Our Partners : Keshav Cars | Copyright © 2008-2015. Automobile Planet - All Rights Reserved
Disclaimer
Powered by Blogger
badge