What about the HUMMER program?

What about the HUMMER program, I heard that one of GM's proposals to Congress included closing HUMMER and Saturn. anyone know?

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Permalink Reply by JoCo on December 8, 2008 at 2:55am

I don't know one way or another but it seems to me that they and the government would want to keep any and all revenue streams open...the fact that those divisions may be taking operating losses currently is kind of the point of the bailout isn't it, at least partially? I mean, Hummer wasn't bleeding cash until a year or so ago, before that they were booming. And Saturn has always been a wildcard, up and down...I had imagined this to be an "up" time for them though, they have some attractive new models with some top-notch features for cheap right now

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Permalink Reply by Joan Forsythe on December 8, 2008 at 10:31am

I read in financial news that Hummer was being offered to a Russian company. If that happens, not sure how it will effect the Hummer market. Will all chassis and parts be made in Russia? No Idea.