GM's Hummer deal falls through

[HeresyLives]

GM's Hummer deal falls through


Greg Keenan

Globe and Mail Update
Published on Wednesday, Feb. 24, 2010 3:04PM EST

Last updated on Wednesday, Feb. 24, 2010 3:07PM EST


The sale of the Hummer brand by General Motors Co. has fallen apart.

The auto maker said Wednesday it will wind down Hummer operations after a deal to sell the division to Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. could not be completed by the China-based industrial company.

Hummer was one of four GM marketing divisions the auto maker shed last year in a restructuring that included chapter 11 bankruptcy protection in the United States.

A deal to sell Saturn collapsed also and that brand is being dismantled.


http://www.theglobeandmail.com/report-on-business/gms-hummer-deal-falls-through/article1479981/

[tularetom]

1. Hummer = GM's second biggest fuckup ever

Trailing only the El Camino, which had to be the brainchild of auto executives on crack.


An abortion that should have been declared illegal.

[gratuitous]

3. Some people liked the El Camino

Now the Vega? Oh dear.

[SPedigrees]

6. The vega was a cute practical little car. nt

[Warpy]

8. ....that was famous for rusting on the showroom floor

and eating its own engine during normal driving.

Worst car I ever had, damned thing had such severe piston slap that it sounded like jackhammers on oil drums as I drove down the street.

It was embarrassing as hell. I junked it, of course.

[gratuitous]

10. I had two friends who owned Vegas

The first had the aluminum engine fuse solid about 30 miles after the warranty ran out. Truly something to behold, I'll never forget it. The second similarly drove his into the ground after something less than 20,000 miles. It was a semi-fine ride on a sunny day if you didn't go too far. Once you passed about 50 miles on a trip, or you were driving on a rainy/snowy/foggy day or at night, you were suddenly riding in your own personal house o' horrors.

[DainBramaged]

17. I would be offended by your language but I realized you are brain dead

I OWNED an '81 El Camino, the most versatile vehicle I ever owned. And the Pontiac version which is a knock of of the now defunct G8 had garnered over 10,000 orders ON SPEC before Pontiac was dismantled.

[tularetom]

19. I probably shouldn't respond to your insulting post but I'm curious

What made it so versatile? Is it the fact that you could carry maybe a couple hundred pounds of whatever in the bed? The fact that you drive it on any surface as long as it was paved?

You drove a station wagon with the top off.

I dealt with a lot of wannabe contractors who drove these mutants, and I pulled at least two of them out of the mud at construction sites.

[DainBramaged]

20. (sigh) please refer to the end of my opening sentence on my previous post

and I bid you an unkind farewell.

[sharp_stick]

2. Awww Shucks

at least Saturn was a decent idea. I can't wait until the last Hummer is off the road. Short of the Pontiac Aztec and the monstrous Gremlin/Pacer experiment I can't think of an uglier brand of motor vehicle.

[SPedigrees]

7. 95% of all new vehicles currently on the road are what I'd call butt ugly.

The hummer was but one ripple in an ocean of hideous.

[NoPasaran]

16. Yeah, but the Hummer took ugly to a new level

It looked like the box that an attractive vehicle might come in.

[Selatius]

4. GM couldn't support a product that essentially caters to a very small audience of affluent folks

They moved low numbers of these vehicles even during good economic times, and when gas prices skyrocketed, well, that was the end of the era of big SUVs.

[mdmc]

5. I hate the Hummer line so much

what joy to see it be such a failure..

[Warpy]

11. I think the Chinese must've been planning to turn it back

into a military vehicle they could sell cheaply to third world dictators all over the globe.

Sadly, it wasn't even worthwhile in that capacity.

[mdmc]

13. I thought their bigwigs would drive them instead of a Buick

Such a sad state of affairs..

[Warpy]

14. Maybe one of the prospective buyers actually did drive one

Nobody I've seen driving them has been particularly happy about the driving experience. They're big and heavy, hard to park and they look terribly hard to steer and stop.

[mdmc]

15. that is my experience too my friend..

I would take the Buick, all in all..
peace and low stress..

[Jennicut]

9. One of the Moms that drops of her kid at the preschool my daughter goes to has an H3

It is hideously ugly.

[Broke In Jersey]

12. Good riddance Hummer..... n/t

[SPedigrees]

18. And don't let the garage door hit you on the way out.

Good riddance for sure.