Tag Archive | "hirings-firings"

Report: Senator to investigate GM’s handling of Hummer deal


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General Motors has already begun turning the lights off at its Hummer brand, though that may be no fault of multiple potential buyers. We’re not just talking interested parties from China here, either. According to brand enthusiast website HummerGuy, several American-based companies have expressed viable interest in snapping up the SUV-slinging manufacturer over the past few months. Even more surprisingly, all of the potential offers have reportedly fallen on deaf ears.

Both Raser Technologies and Electric Motors Corporation have supposedly made The General offers worth considering, and GM has left them unanswered. These whispers haven’t just been crawling around the web – they’ve evidently made their way all the way to Illinois Senator Roland Burris (above), who has promised to look into the matter himself.

While we’d be thoroughly surprised if such an investigation had any repercussions, we have to wonder why GM would say no both of the EV builders unless it thinks it can make more money winding down the brand by selling off tooling and manufacturing rights, or perhaps just avoiding bureaucratic headaches. Some experts believe GM might be worried about competition from future extended-range EVs, but we have a hard time imagining one of the world’s biggest manufacturers losing sleep over a couple of startups. Either way, as with Saab before it, there remains a sliver of hope for the brand, but we certainly wouldn’t bet on another eleventh-hour miracle.

[Source: HummerGuy | Image: Burris.senate.gov]

Report: Senator to investigate GM’s handling of Hummer deal originally appeared on Autoblog on Tue, 13 Apr 2010 11:00:00 EST. Please see our terms for use of feeds.

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Report: Chicago-area ‘Save Hummer’ rally planned for April 11


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Hummer H3T Alpha – Click above for high-res image gallery

Not so fast, Captain Planet. Hummer may be on its last leg at the moment, but fans of the brand aren’t going to let their favorite earth-roaming SUVs go down without a fight. Capital & Labor International Coalition, a newly-minted organization, thinks it has all the answers to the brand’s woes, and has scheduled a summit to help save Hummer here in the states on April 11.

This assemblage could be more than just a few fans with posters. CLIC has invited everyone from shareholders to Hummer’s CEO and United Auto Workers leaders. Thane Ritchie, chairman of the organization, said CLIC has taken a good hard look at the General Motors/Hummer issue and there may be another option out there other than just turning off the lights for good.

Members of the group have even invited Senator Rolland Burris (D-Illinois) to help out as well. Burris will be acting as a liaison between the coalition and the federal government, especially when it comes to getting any aid for the brand. In the meantime, the Save Hummer in America rally will be held next week in Chicago. Hey, it worked for Saab, right?

[Source: Automobile]

Report: Chicago-area ‘Save Hummer’ rally planned for April 11 originally appeared on Autoblog on Mon, 05 Apr 2010 15:32:00 EST. Please see our terms for use of feeds.

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Report: Chicago-area ‘Save Hummer’ rally planned for April 11

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