Will GM Kill The Hummer?
Hummer In Trouble
The automobile industry is quickly becoming a wild west again, where nobody knows what the next big thing will be. Sure, you could hedge your bets on a hybrid, but unfortunately those are too expensive for a bad economy. Better yet, you could bet against fuel hogs, but then again thats a tired bandwagon that may be ending with the killing off of Hummer.
The New York Times has a devastating article today about a Hummer dealership in St. Louis, MO that is struggling to stay afloat. According to statistics, the Hummer was at the peak of it's sales in 2006, but has since plumetted to an 1/8 of what it was in 2006. This will effect more than GM, this will effect dealerships, and people's livelihoods.
With news of Barack Obama taking over GM, it's unlikely that the Hummer will saved. The Volt and other hybrid type vehicles will most likely be given head way and 'bail out' money before making the Hummer more efficient will even be considered. The Hummer has a bad rap, one that cuts deep, and may indicate the changing of the guard at GM when the Hummer dies an untimely death.
April 5th, 2009 at 3:23 pm
In this new world of “going green” and 40+mpg vehicles, I think large gas guzzling Hummers are no longer viable.