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Humming No More?
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And in other news...
Looks like the 10mpg Hummer might lose its manufacturing home.
"General Motors announced Tuesday that it is considering revamping the brand or selling it. The news came out of an annual meeting in which the company's CEO also announced that the company would close four truck and SUV plants because of low sales and high gasoline prices."
As sad as it is to hear about the plant closings and lost jobs, GM's decision to sell the Hummer brand is clearly the result of a national shift away from such monstrous vehicles.
In other words, they just ain't sellin' like they used to.
"Rick Wagoner, G.M.’s chairman, explained the moves by saying that he thought the shift toward more efficient cars was 'by and large, permanent.'"
Score one for the environment, but give the real credit to the economy.
Looks like the 10mpg Hummer might lose its manufacturing home.
"General Motors announced Tuesday that it is considering revamping the brand or selling it. The news came out of an annual meeting in which the company's CEO also announced that the company would close four truck and SUV plants because of low sales and high gasoline prices."
As sad as it is to hear about the plant closings and lost jobs, GM's decision to sell the Hummer brand is clearly the result of a national shift away from such monstrous vehicles.
In other words, they just ain't sellin' like they used to.
"Rick Wagoner, G.M.’s chairman, explained the moves by saying that he thought the shift toward more efficient cars was 'by and large, permanent.'"
Score one for the environment, but give the real credit to the economy.
Read/Post Comments (7)
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