GM: Sale Of Hummer Is "Urgent"

Automotive News » 9/03/08 10:00am 9/03/08 10:00am reports that GM President and Chief Operating Officer Fritz Henderson told reporters at a recent press conference in India that the is on an "urgent basis." That's no surprise, since is predicting a US vehicle market of around 14 million units for 2008, down from 16 million units last year. Why the…

More Evidence Points To Hummer Sale; Russians, Chinese Interested?

More evidence is emerging that GM is moving quickly to solve its Hummer problem. The Detroit Free Press reports today on John Voss, a Dayton-area dealer who purchased a Hummer franchise in April, who says that GM offered to refund his money. "They have three choices and they said they want to make this decision very… » 6/19/08 12:15pm 6/19/08 12:15pm