General Motors Corp has not even officially put Hummer up for sale yet, and likely buyers are already backing away. Three automakers that held exploratory talks with GM on a possible Hummer sale are now expressing disinterest, meaning only one thing is certain: Hummer is going to be a tough sell. Making vehicles that average between 9 and 14 miles a gallon, Hummer is not a particularly attractive asset as gasoline prices squeeze drivers worldwide and environmental concerns increasingly trump any other notion of what’s cool.
Read more
Courtesy: economictimes.indiatimes.com
This entry was posted
on Wednesday, August 20th, 2008 at 2:54 am and is filed under General motors India.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.