Thread: Hummer For Sale
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Old 07-15-2008, 03:05 PM
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Default Re: Hummer For Sale

ok, today 07/15/08, it looks like GM is going through with the Hummer sale... A question I should have asked earlier up is, what does taht mean for the Hummer brand? I don't really understand what happens, does mostly everything stay the same, name, style etc, will we even notice a difference, or will it be the new Mahindra & Mahindra Hummer H2...

"The company also plans to raise $2 billion to $4 billion through the sale of assets, including its Hummer brand. It also plans to borrow $2 billion to $3 billion by pledging assets including stock of foreign subsidiaries, brands, stake in its finance arm and real estate."

http://news.yahoo.com/s/ap/20080715/..._restructuring
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