2.24.2010

Kegger At The Sierra Club: GM Kills Hummer


Automotive News (you can register for free) broke the story late Wednesday that Hummer is history. After two years on the block and a thisclose deal with a Chinese manufacturer, the deal just couldn't be done. GM says Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. was "unable to complete the acquisition", and so they'll wind down the brand.

It's hard to remember now, but Hummer was white-hot when it first hit showrooms in the early '00s. Its peak sales year was 2006, when 71,524 of them found homes, largely in suburbia.  The economy in general and gas prices in particular slammed the brakes on...with only 9,046 sold last year.

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