GM talking to Tata and Mahindra about buying HUMMER

K Dawg ONE · 06-06-2008, 02:37 PM

Quote:

eGMCarTech.com
Posted: June 6th, 2008

Speaking at GM’s annual meeting earlier this week, CEO Rick Wagoner said that the HUMMER is under ’strategic review’ and that the brand may be receive a product lineup revamp or GM may completely sell the brand to another automaker.

Link: http://www.egmcartech.com/2008/06/06...buying-hummer/

http://www.autoblog.com/2008/06/06/r...ted-in-hummer/

Quote:

Got an automotive brand to sell? It doesn't matter how it's performing in the marketplace, whether its products are outdated or just not popular in the present buying climate. If you've got one, an Indian automaker wants to buy it. At least that's the way it seems after learning that two Indian automakers, Tata and Mahindra, have approached General Motors to purchase the HUMMER brand. GM only announced that it would begin considering what to do with HUMMER this week.

Tata has already gobbled up Jaguar and Land Rover from Ford, but apparently is still hungry for some more American-owned metal, and what's more American than HUMMER? Mahindra, meanwhile, will be bringing its diesel-powered Appalachian pickup to the U.S. market by the end of 2009. Tata and Mahindra tend to go after the same things, as both were bidders for Jaguar/Land Rover and both are competing for the right to own motorcycle manufacturer MV Agusta. Of course, neither India-based company is commenting on their interest in HUMMER and GM's all like, "Whoa, we just said we were thinking about it" (not an actual quote). HUMMER sales last month fell 60.2% last month compared to May 2007, and with gas prices going up and up, the poster brand for insensitive consumption may not have long to live under the GM corporate umbrella.

megeebee · 06-06-2008, 02:39 PM

Why not?

I'd feel badly for all those dealers that have spent lots of money building or renovating their stores for Hummer.

.

FenwickHockey65 · 06-06-2008, 02:47 PM

Tata's becoming like the pawn shop of the automotive world...got a division you don't want? Turn it into cash at Tata!

likearock00 · 06-06-2008, 02:51 PM

Good deal- let 'em have it!! Fuel prices are not going down and soon enough Hummer will become unprofitable. They'll sell so few that the dealerships will close or they'll have to start charging even more for them. I say be thankful for the ride, GM, but now is the time to get off!!

K Dawg ONE · 06-06-2008, 02:55 PM

Quote:

Originally Posted by megeebee

I'd feel badly for all those dealers that have spent lots of money building or renovating their stores for Hummer.

Like us. We just built this massive $10k stainless steel 'H' that sits in front of my office window...lol...it least it blocks out the mid-day sun!

megeebee · 06-06-2008, 03:13 PM

Quote:

Originally Posted by K Dawg ONE

Like us. We just built this massive $10k stainless steel 'H' that sits in front of my office window...lol...it least it blocks out the mid-day sun!

OUCH!

Are you dualed with Cadillac?

FenwickHockey65 · 06-06-2008, 03:16 PM

Quote:

Originally Posted by K Dawg ONE

Like us. We just built this massive $10k stainless steel 'H' that sits in front of my office window...lol...it least it blocks out the mid-day sun!

Got a picture?
Sounds pretty amusing.

ronald mcretard · 06-06-2008, 03:18 PM

Quote:

Originally Posted by FenwickHockey65

Tata's becoming like the pawn shop of the automotive world...got a division you don't want? Turn it into cash at Tata!

hahahahah i just got a mental image of what the TV commercial would be like

LAMRONH · 06-06-2008, 03:25 PM

Quote:

Originally Posted by K Dawg ONE

Like us. We just built this massive $10k stainless steel 'H' that sits in front of my office window...lol...it least it blocks out the mid-day sun!

Maybe youse guys can pick up a Hyundaiii!! franchise.

Sinner · 06-06-2008, 03:39 PM

Quote:

Originally Posted by megeebee

Why not?

I'd feel badly for all those dealers that have spent lots of money building or renovating their stores for Hummer.

.

I really don't see the problem. It doesn't matter who builds Hummers, they still need a dealership network. GM's dealer's could continue to sell Hummers at their stores or lease the space out to whoever buys the Hummer brand.

rozz · 06-06-2008, 03:40 PM

New name from Tata to Haha brand.

TriShield · 06-06-2008, 03:41 PM

It's the only brand GM could sell as the rest they've rendered virtually worthless.

Sadly, HUMMER is also the only really unique brand GM has that can only do what it does, not unlike Jeep. The rest of GM's brands are completely interchangable.

K Dawg ONE · 06-06-2008, 03:49 PM

Quote:

Originally Posted by megeebee

OUCH!

Are you dualed with Cadillac?

Nope...Caddy is with Chevy in Canada....We are a PBGH dealer but also have a Saturn-SAAB too...

K Dawg ONE · 06-06-2008, 03:50 PM

Quote:

Originally Posted by FenwickHockey65

Got a picture?
Sounds pretty amusing.

Ill take a pic with my iPhone and post up tonight when i get home

jc7222 · 06-06-2008, 04:57 PM

I think they should keep Hummer and bring out smaller versions then through every fuel saving technology into it.

06-06-2008, 02:39 PM	#2 (permalink)
megeebee 5.3 Liter LS4 V8 Join Date: Feb 2005 Drives: 2005 CTS 3.6 Posts: 3,299	Re: Tata wants to buy HUMMER Why not? I'd feel badly for all those dealers that have spent lots of money building or renovating their stores for Hummer. . __________________ "Oh, I'm sorry. I was looking for the GM fan site. This is obviously not it. I seem to have stumbled on to a site for Toyota lobbyists in Washington DC. Even GM's successes seem to be met here with jeers and condescention." - me Last edited by megeebee : 06-06-2008 at 02:42 PM.

06-06-2008, 02:47 PM	#3 (permalink)
FenwickHockey65 6.0 Liter LS2 V8 Join Date: Dec 2007 Location: West Chester, OH Drives: Chevrolet Malibu LS, GMC Envoy SLE, GMC Sonoma SLS Posts: 4,858	Re: Tata wants to buy HUMMER Tata's becoming like the pawn shop of the automotive world...got a division you don't want? Turn it into cash at Tata! __________________ Proud to drive American. Proud to drive GM. Current Cars: 2007 Chevrolet Malibu LS: 2.2L ECOTEC I-4 2003 GMC Envoy SLE: 4.2L Vortec 4200 I-6 1998 GMC Sonoma SLS Ext. Cab: 4.3L Vortec 4300 V6 Former Cars: 1993 Saturn SW2 (1993-2006, 243,000 miles) 1989 GMC Safari SLT (1989-2003, 293,000 miles) Future Car: 2010 Chevrolet Camaro LT RS: 3.6L DI VVT V6

06-06-2008, 02:51 PM	#4 (permalink)
likearock00 7.0 Liter LS7 V8 Join Date: Aug 2005 Location: NC Drives: 2006 Chevy Silverado Crew Cab Z-71 Posts: 7,503	Re: Tata wants to buy HUMMER Good deal- let 'em have it!! Fuel prices are not going down and soon enough Hummer will become unprofitable. They'll sell so few that the dealerships will close or they'll have to start charging even more for them. I say be thankful for the ride, GM, but now is the time to get off!! __________________ "Moral courage is the most valuable and usually the most absent characteristic in men." -Patton

06-06-2008, 03:40 PM	#11 (permalink)
rozz 2.0 Liter Supercharged ECOTEC Join Date: Feb 2008 Posts: 141	Re: Tata wants to buy HUMMER New name from Tata to Haha brand.

06-06-2008, 03:41 PM	#12 (permalink)
TriShield 4.4 Liter Supercharged Northstar Join Date: Jan 2005 Location: Phoenix, AZ, USA Drives: LS2 Pontiac GTO, L76 Pontiac G8 Posts: 2,284	Re: Tata wants to buy HUMMER It's the only brand GM could sell as the rest they've rendered virtually worthless. Sadly, HUMMER is also the only really unique brand GM has that can only do what it does, not unlike Jeep. The rest of GM's brands are completely interchangable.

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06-06-2008, 04:57 PM	#15 (permalink)
jc7222 3.5 Liter V6 Join Date: Oct 2005 Posts: 200	Re: Tata wants to buy HUMMER I think they should keep Hummer and bring out smaller versions then through every fuel saving technology into it. __________________ A turbo is a terrible thing to waste!

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