Hummer Up For Sale, Four Truck Plants Gone?

The times, they are a changin', and this week GM Chairman and Chieftain Rick Wagoner seems to have noticed. Wagoner announced a "strategic review of our Hummer brand," yesterday. Translation: "Anyone want to buy Hummer? Anyone? C'mon...cheap! Cerberus, I'm lookin' at you." Also included in the statement was news that four truck plants will be making the ultimate sacrifice: Moraine, Ohio; Janesville, Wisconsin; Toluca, Mexico; and Oshawa, Ontario.

The news isn't all doom and gloom, however: Third shifts are coming to the Lake Orion plant that builds G6 and Malibu and to the Lordstown plant spewing Cobalt and G5. In other words, big vehicles out, little econoboxes in. Next up: Chrysler announces new Lean Burn 300C.