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blkwrxsti · 08-19-2008, 11:01 PM

0 for 3:

http://www.reuters.com/article/compa...080819?sp=true

"...But with no interest from the Russian, Indian and Chinese carmakers, and GM's very public financial crisis, anybody still interested in the brand is likely to make a lowball offer.

So short of giving the brand away for pennies on the dollar, it's hard to see what GM might do.

GM CEO Rick Wagoner recently said there is "significant interest" in the automaker's assets, including Hummer.

Unless Wagoner knows something the market doesn't, a Hummer sale could veer off-road, and GM might have to eliminate the brand. Then again, there is always a buyer at the right price."

08-19-2008, 11:01 PM	#13 (permalink)
blkwrxsti 3.0 Liter SIDI V6 Join Date: Jan 2007 Location: VT Posts: 637	Re: Buy Hummer? Nyet, says Russian automaker 0 for 3: http://www.reuters.com/article/compa...080819?sp=true "...But with no interest from the Russian, Indian and Chinese carmakers, and GM's very public financial crisis, anybody still interested in the brand is likely to make a lowball offer. So short of giving the brand away for pennies on the dollar, it's hard to see what GM might do. GM CEO Rick Wagoner recently said there is "significant interest" in the automaker's assets, including Hummer. Unless Wagoner knows something the market doesn't, a Hummer sale could veer off-road, and GM might have to eliminate the brand. Then again, there is always a buyer at the right price."