BREAKING BRO NEWS: Hummer to shut down! Oh noes, what are the D-Bags gonna do? Link G.M. to Close Hummer After Sale Collapses February 24, 2010, 3:57 pm General Motors said Wednesday that it was shutting down Hummer, the brand of big sport-utility vehicles that became synonymous with the term “gas guzzler,” after a deal to sell it to a Chinese manufacturer fell apart, The New York Times’s Nick Bunkley reports from Detroit. G.M. said only that its planned sale of Hummer to the Sichuan Tengzhong Heavy Industrial Machines Company “cannot be completed,” without giving a reason, but the $150 million deal had been stalled as the companies awaited approval from the Chinese government. G.M. had been trying to sell Hummer for a year, and struck a preliminary deal with Tengzhong last June. The two companies had planned to close the deal by the end of January, then delayed the deadline by a month in the hopes of getting the green light from China. “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,” John Smith, G.M.’s vice president of corporate planning and alliances, said in a statement. “G.M. will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner.” It was the third time since G.M. emerged from bankruptcy protection last year that a deal to sell one of its unwanted brands collapsed. The company is shutting down Saturn after a sale fell through, and it began to halt operations at Saab after an agreement with Koenigsegg AB in Sweden was called off. G.M. later reached an agreement with a Dutch company, Spyker Cars; that deal closed Tuesday. G.M. also is closing Pontiac but it never tried to sell that brand. G.M. said it still would honor Hummer warranties and provide service and parts to current Hummer owners worldwide. Hummer has nearly 400 dealerships globally. The deal would have made Tengzhong the first Chinese company to sell vehicles in North America, though it planned to keep Hummer’s operations in the United States.
Does anyone else CRINGE or just gets RAGE at the sight of one of these gas guzzlers like me? I don't know why, but I do. All the wile, I'm thinking: "Dude (or it's usually a butch lady who looks like a dude). This isn't Desert Storm. Stop wasting so much gas."
The fact that GM has shopped Hummer around for almost a year now with only one potential buyer speaks wonders on how its brand has devalued.
I would like one just to run over the skulls of whiny greenies and watch their heads pop like watermelons.
The brand doesn't have to be dead. They could make a single vehicle called Hummer and change what the name means. Use a low production run halo vehicle with a reasonable v6 and an electric motor that runs with a Ford Raptor and after a few years it would stop being the poster child gas guzzlers. It could mean "ultimate jeep" if they did it right. I don't know if having the ultimate jeep would even be profitable in the long run, but it is there to be salvaged.
I thought the hummer jr and jr jr were horrible decisions. For the H3 they just took everything lame about the H2 and magnified it. You can't help the brand that it became the official sponsor of dickheads everywhere. They chose to swang in fem hummers not the other way around.
End of an era; but SUVs aren't going anywhere: at least not popular ones like the Tahoe, the Lexus one that every uppity mom on the planet drives, or any of the Jeeps. People may want greener or cheaper cars, but we're also getting fatter.
The stretch Hummer might be the tackiest, ugliest mechanical device ever designed by anyone, ever, for any reason.
It isn't much worse than a Land Cruiser or something similar. Especially with their new 380 hp engine.
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