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Old 25th February 2010, 09:19   #1
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Default GM to end Hummer after sale to Chinese buyer fails

Just stumbled across this article. Chinese govt didn't give the clearance for the deal itseems.

Quote:
General Motors Co. said on Wednesday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed
Source :: GM to end Hummer after sale to Chinese buyer fails- Automobiles-Auto-News By Industry-News-The Economic Times
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Old 25th February 2010, 09:53   #2
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This is big news! Not that I even liked Hummer, but it is a very big brand globally! They shut down Saturn and Pontiac, but they werent that big globally.

Hummer is different.
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Old 25th February 2010, 10:28   #3
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oh!!! God; what happens to all the hummers that were being sold? Hope they continue to service; what will happen to the Hummers sold (imported) in India?
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Old 25th February 2010, 10:36   #4
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Yes Aargee, they will continue to service the already sold hummers. Probably they would have some tie ups with some service centres or dealers or manufacturers.
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Old 25th February 2010, 10:38   #5
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I really a very sad news for me.I think M&M can try a deal with GM for this Hummer Brand and by which they can surely enter the US market.

They will provide service and warranties for the vehicles.For those who are in US it's going to be a raining discounts for Hummer.
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Old 25th February 2010, 11:35   #6
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Maybe Mallya could bid for it now. I am sure Indian regulators are not that strict or can be bought.
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Old 25th February 2010, 13:46   #7
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The end of Hummer has got to be a far cry. Not that I'm a big fan of civilian Hummers, it's just that it's too big a brand(ludicrousness, impracticality and metal prosthetics being it's USP).
Someone or the other is bound to buy it over.
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Old 25th February 2010, 13:56   #8
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Unless GM can find a buyer the Hummer's in India are going to meet with the same fate that Yamaha Rx Owners are facing today, With scarcity of spares and spurious spare parts after a couple of months/years.The dealer's/partners will be ready to service it but will say they don't have the spares to complete the job and these monsters will become obsolete.

Last edited by rocky080 : 25th February 2010 at 13:58.
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Old 25th February 2010, 14:07   #9
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Best is they have to tie up with a manufacturer and also manufacture the parts locally so that the price of the vehicle and parts come down drastically and they can survive
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Old 25th February 2010, 14:24   #10
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Oh, I was under impression that brand "Hummer" is already with Chinese!!
Mahindra was interested in Hummer when GM wanted to sell it, don't know what's the situation now.
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Old 25th February 2010, 14:26   #11
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The Hummer would make a perfect fit in Mahindra's portfolio !

Not so sure about TATA though ( what with the challenge of managing JLR at the moment)
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Old 26th February 2010, 08:35   #12
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Its too big a pie for any indian guy to eat- some very interesting reading on why it fell
Hummer: In the end, just too big for its own good - Yahoo! Finance

There are some 2 of them in BLR that i saw and a few more that indians have bought- like Bhajji, wonder whats their fate going to be??
Wish they would sell of the last inventory at maybe throw away price
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Old 26th February 2010, 10:08   #13
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Quote:
Originally Posted by aargee View Post
Hope they continue to service; what will happen to the Hummers sold (imported) in India?
Dont expect any easing of spare parts availability.
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Old 26th February 2010, 12:42   #14
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Default GM revisiting previous bidders for Hummer - source

Source :: GM revisiting previous bidders for Hummer - source
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Old 26th February 2010, 12:53   #15
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[quote=nirmaljusdoit;1752074]The Hummer would make a perfect fit in Mahindra's portfolio !

quote]


I absolutely agree, I wish if Mahindra can buy Hummer & may be some day we can it on Indian roads as a Indian vehicle. I mean it is a Legend in itself & far more use can be found for it here in India then in US.

I wish!!!
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