Thursday, February 25, 2010
News
Mother of Mercey, Is This the End of Hummer? (Yes!)
Posted
by Mark Asch
on Thu, Feb 25, 2010 at 12:33 PM
Earlier this week, we (I)
reported on the obstacles to GM's planned sale of Hummer to a Chinese machine firm.
Late yesterday, GM confirmed that the deal was off, and it will begin to "wind down" the Hummer brand.
This is a terrible, terrible day for vendors of custom hubcaps.
Tags: GM, Hummer, Conspicuous Consumption, The New Austerity
