GM To Stop Making Hummer?
By Justin Gardner | Related entries in Economy, Energy, Environment, Gas, Oil, Video
CEO Rick Wagoner said Tuesday before the automaker’s annual meeting in Delaware the plants to be closed are in Oshawa, Ontario; Moraine, Ohio; Janesville, Wis.; and Toluca, Mexico. He also said the iconic Hummer brand will be reviewed and potentially sold or revamped.Wagoner said the GM board has approved production of a new small Chevrolet car at a plant in Lordstown, Ohio, in mid-2010 and the Chevy Volt electric vehicle in Detroit.
Wagoner announced the moves in response to slumping sales of pickups and SUVs brought on by high oil prices. He said a market shift to smaller vehicles is permanent.
That last sentence is telling.
And some video…
Welcome to the future.
This entry was posted on Tuesday, June 3rd, 2008 and is filed under Economy, Energy, Environment, Gas, Oil, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.











June 3rd, 2008 at 12:13 pm
Just curious. Will they also stop making the Chevy Suburban? Since the Hummer is, quite simply, a Suburban with a different shell — same engine, same frame, same everything. Or is this just about customers who care about appearances, rather than substance?