GM In Talks To Buy Out Hummer Dealerships

Automotive News reports that General Motors is bribing incentivizing moribund Hummer dealers by prepaying them second- and third-quarter bonuses based upon 2007 sales. The company is also reportedly talking to many dealer principals behind-the-scenes about buyout options, attempting to smooth the transition to a brand… » 7/28/08 10:20am 7/28/08 10:20am

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… » 6/03/08 8:53am 6/03/08 8:53am