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Re: GM to close 4 North American truck plants, may axe Hummer, Volt to be made in Det
Hard news to hear. We can debate whether this eventuality should have been evident a few years ago, but that's not helpful. GM can't continue building products that aren't in demand.
Sounds like it's going to be a few years before some of this new small car product hits the streets. Lean times are here for sure.
I was listening to Wagoner's presentation on XM Radio this morning. The Hummer situation isn't a surprise, really. While I honestly had an eye on that H3 pickup down the road, the Hummer brand is tough to justify today, unless it receives a significant lineup change, and that would take serious funds. I'd say the H2 is dead, and without that H4 we've all wanted to have, how can Hummer survive on the H3 alone? It can't. Let it go.
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