On February 24th 2010. The Ministry of Commerce of the People's Republic of China backed out of GM's Deal to sell Hummer because GM is Bankrupt. GM announced that the SUV/Truck Brand Hummer would retire for good. Hummer's Retirement is a big shock to the Motoring world. I love Hummers as much as anyone else so Hummer will be gone but not forgotten. I Made this video abut all the Hummers that were made since 1992
Hummer was a marque of trucks sold by General Motors. The HUMMER brand was not transferred to Motors Liquidation Company as part of the GM bankruptcy. Instead, this brand was retained by GM in order to investigate selling the brand. The original Hummer H1 was based on the military High Mobility Multipurpose Wheeled Vehicle (HMMWV, or Humvee). However, the Hummer H2 and the Hummer H3 were based on other, smaller civilian-market vehicles.
Chinese automaker Sichuan Tengzhong Heavy Industrial Machinery Company announced in 2009 that it will acquire the Hummer brand pending government approvals. However, the Ministry of Commerce of the People's Republic of China rejected the deal on February 24, 2010, and GM has decided to retire the brand.[1] There have been reports that Sichuan Tengzhong may pursue the purchase of the Hummer brand from GM by purchasing it privately through the company's new J&A Tengzhong Fund SPC, a private equity investment fund owned by an offshore entity that is already recruiting private investors to buy into its acquisition plan.[2]
On February 26, 2010, General Motors announced it has been approached by several other companies interested in purchasing the brand after the deal with Sichuan Tengzhong could not be completed.[3] GM is currently reviewing other potential buyers for the brand despite having announced a wind-down of operations.
:( Very Sad! Nice video 222Jacko
leafsaregod 10 months ago
GM should have never got rid of Hummer. They need to put Jeeps in there place.
SecularTechnology 1 year ago
RIP HUMMER
1992 2010
proller123 1 year ago
The world is rejoiced!
Caleb0014 1 year ago
Hummer was over priced crap. The humvee is a nice machine and is still being made.
hubbard771 1 year ago
i love hummer sad they droped it but its awesome the hummer HX looks like Halos Warthog :]
Mcloven85 1 year ago
rip hummer ;(
mickisbro 2 years ago