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Old 01-20-2010, 01:13 AM
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Default Re: GM Stops Production of Hummer

Quote:
Originally Posted by HummerHippy
http://articles.moneycentral.msn.com...roduction.aspx

When General Motors' assembly plant in Shreveport, La., opened this morning, there was a 2.5-ton hole in the lineup left by the Hummer. GM has halted production of the H3 and H3T, the last two Hummers that were still being made.

GM negotiated the sale of Hummer to a Chinese company in 2009, but the deal has yet to gain approval of the Chinese government, and analysts are skeptical the sale will go through. If the sale fails, the final Hummer will have rolled off the assembly line last week.
I think the deal will get done eventually. It is just pissing me off that it is taking this long. CEO Jim Taylor seems like he's already got everything planned out.....Picking the HQ, Talking about future models, customer service, employment, etc. I would be unbelievably surprised if it doesn't get passed.
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