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Re: Rumblings & Rants: Saving money, Cutting brands, and what GM SHOULD do to survive
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Originally Posted by Bravada
To those wanting to cut Saab and Hummer - do remember GM is actually making money overseas, and from the business point should actually get rid of the North American operations (if they only could). Those brand are one of their few growth-promising footholds in the global premium markets, and Hummer is actually still profitable. If CAFE kills Hummers in the US, fine, stop selling them there, move production to China. But I guess Hummer margins will always make up for CAFE penalties.
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Isn't it because Hummers tend to have massive mark ups (Compared to the price in America) overseas? And I'd doubt that would stay profitable at the rate that people are ditching SUVs globally. |