Monday, September 29, 2008

GM confirms sale of Hummer and French factory



GM confirms sale of Hummer and French factory

!!!!

I just read an inside scoop on GM and on Gm sold the Brand Hummer and a

French transmission factory. GM's treasurer Walter Borst reviled both news at the

Deutsche Bank Leveraged Finance Conference in Arizona. with the sales it freed

up GM for 4 billion dollar. GM plans to free up 15 billion dollars by the year 2010.

I think Hummer is a great brand that will evolve with another owner not with GM.

Hummer would of been a great 1st generation electric SUV. in 1992 Arnold

Swarchenegger
was The first person to

own a Hummer after persuading manufacturers to make them for non-army

purposes. Now "The Governator" wants to be politically correct because of his

field and now is against Hummers.











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