AM General shuts down H2 plant

[Intercooled]

Yes its a niche vehicle, I dont thnk GM can handle producing a niche vehicle anymore besides corvette. Times have changed drastically in short amount of time. I would love to see GM hang on but the sales to production dollars dont work. I believe with the HX they could turn the corner and make things happen but with this government intervention it isnt going to work.

[hummeraddict]

Originally Posted by Intercooled

Yes its a niche vehicle, I dont thnk GM can handle producing a niche vehicle anymore besides corvette. Times have changed drastically in short amount of time. I would love to see GM hang on but the sales to production dollars dont work. I believe with the HX they could turn the corner and make things happen but with this government intervention it isnt going to work.

All we can do is wait and see.

[HummerMann]

This "what's going to happen with Hummer" has been going on since June and there's no quantitive way to gauge it, but it's been hurting Hummer sales, especially on the H3. One of the guys in the office wants an H3 badly, but he doesn't want to have a vehicle with no dealer network to support it, so he's holding off. He went through it with his Isuzu Trooper when Isuzu pulled its dealerships, and he says never again.

[HUMMERcustoms.com/TAZ]

Do not worry about Ford owning Hummer. The 3 companies I hinted about are not American and the one I feel will end up owning it will do far more for and with the brand than GM has done. For one once these guys own it Hummer will be around for a long time. No worries about warranty being arounf etc.

TAZ

[johndjmix1]

How could someone possibly worry about "no dealer network to support it" when the H2 is a GM vehicle! Unless GM disapears off the map there will ALWAYS be dealers to support it.

--John

[AK47]

There made in Russia as well

[dallas007]

You have to give Hummer owners credit for one thing, and that is they are a great group of optimist's !! One reads they are shutting down the plant and the sense is it is a good thing with many benefits. We read in another post that Lynch Hummer is "up for sale" and the sense is, it is ok as they are only selling the building and not the vehicles. I have been looking at the prices of H2's since last year and have not seen a sudden spike in prices but I may be missing some certain market so I am not saying it is not true. I know they are having some decent financing on Hummer's but it does not seem to help, not does the cheap gas.

Unless you are hard-core Hummer, which 99% of you fine folks here are, I hear more about how one would have to be somewhat crazy to invest in a Hummer at this time. This time next year the readers of this site will either be kicking themselves they purchased a Hummer, or, they will be saying "I told you so" as the 2010's are rolling off of someone's assembly line.

I got rid of my Ford Excursion back in 2003 as they were going to stop making them and got an H2. There are still a lot of them out there but they are not bringing a premium price because they are no longer made. I realize Ford is still around so it is not like Hummer should they pull the plug. I just got a new Kelly Blue Book and it is incredible to see the amount of depreciation there is on one. As shared earlier I was close to getting a Hummer from Lynch Hummer. They had many 2008's with a few thousand miles on them selling for $40,500. New they are $65,000+, right?? The sales manager told me someone else took the depreciation "hit" to drive those few thousand miles. Now who would go out today and spend $65-70,000 knowing 24 hours later you will loose those kind of dollars? I work for an insurance company and our clients are getting absolutely killed on betterment/depreciation. They owe ten's of thousands of dollars more than the current actual cash value is. Especially those folks that used the 0% financing. It is a real shame what is happening.

It will be fun to look back and see who called this the right way. I think people that buy Hummer's just love them and no matter what the cost or what the payments are, they are going to have one. I just can't help get the sense the pool of folks that have this deep desire is starting to dry up a little. Like most of you, I hope Hummer is here to stay!!

[s_c5519]

Originally Posted by dallas007

You have to give Hummer owners credit for one thing, and that is they are a great group of optimist's !! One reads they are shutting down the plant and the sense is it is a good thing with many benefits. We read in another post that Lynch Hummer is "up for sale" and the sense is, it is ok as they are only selling the building and not the vehicles. I have been looking at the prices of H2's since last year and have not seen a sudden spike in prices but I may be missing some certain market so I am not saying it is not true. I know they are having some decent financing on Hummer's but it does not seem to help, not does the cheap gas.

I remember many years back watching the cartoon Gullivers Travels. There was a little guy called Glum, a tiny tiny, guy, he was part of the lilliputians... Gulliver (the giant) was once tied down and when he broke loose he got up mad and started pulling trees out of the ground and chucking them as the little people were running in different directions. Glum just sat there and didn't run, I don't know if he was just depressed or as his name suggests gloomy.. But, I will never forget his quote, he just looked at the camera and said, "We're in enough trouble as it is already, why throw trees"...

I'm not exactly sure why I just wrote this but I just had to share that one, I love that one...