Filed under: Trucks/Pickups, GM, HUMMER, Rumormill
GM offering buyouts and bonuses to HUMMER dealers
Click on the above image for our 2009 Hummer H3T high-res gallery
Taking heed of lessons learned when it shed the Oldsmobile brand, General Motors is quietly negotiating with HUMMER dealers to prevent lawsuits if the brand is sold or extinguished. Even though confidentiality agreements have been signed, HUMMER dealers are reporting heavy discussions with GM to buy back stores and compensate owners. GM has even paid second- and third-quarter bonuses (averaging six figures) in advance. June delivered gloom to HUMMER as the brand's sales fell 59.3 percent (to just 2,072 units) as near $5-per-gallon fuel prices began flowing through pumps. If that weren't bad enough, the rugged off-road brand was hit with another mass exodus of sales on GM's announcement that HUMMER might be sold. With sales falling, experienced dealership staff leaving, and fuel prices still up in the air, GM's Jeep-fighting brand has literally fallen off the road.
[Source: Automotive News, subs. req'd, Photo by Scott Olson/Getty]
Reader Comments (Page 1 of 3)
Vintage 11:35AM (7/28/2008)
Ahahahaha. Awesome. I've been flipping off H2s for years now. This is just so great. :)
PS: Check out www.fuh2.com
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Pete 3:01PM (7/28/2008)
Wow, you are a brilliant one...
CORVETTE ZR1 12:06PM (7/28/2008)
@Vintage:
You don't like Green cars you don't like off-road cars you don't like sports cars... What Do you Like...? and that website is somewhat right cause those ppl are posers i use my H2 for what it was made for. Hardcore Off-Road Driving. oh and yes my H2 is always covered in Mud i can't remember the last time it was clean...
P.s. what car do you own. if i may ask ? Im sure Torrent would like to know too... lol.
Marty 12:15PM (7/28/2008)
ZR1:
You're asking what cars(s) he owns? Aren't you the one who claims to own a H2, an Aston Martin, a Silverado (oops, your dad's Silverado), and has ordered a ZR-1? Yeah, right. You can afford all these fancy toys but you can't use second grade proper English.
Joe S. 12:15PM (7/28/2008)
That FUH2 website makes me want to buy a Hummer.
Vintage 12:56PM (7/28/2008)
I don't like posers. This means I hate people who think they're helping the environment by purchasing a new hybrid. This also means I hate most SUV owners, who never offroad or tow anything. Both piss me off equally, because both types of people are full of crap. No, you aren't helping the environment with a new hybrid. No, you are not a cool outdoor person just because you drive an SUV but really need a minivan.
I am an automotive enthusiast. I like affordable cars that have fun attributes. One of my cars was featured on autoblog about a year ago:
http://www.autoblog.com/2007/08/02/reader-ride-1992-subaru-svx/
I've owned musclecars, 1970s land barges, sport compact cars, and recently I've enjoyed driving my 1989 Honda products, which are fun to drive, reliable, and efficient.
MajorGeek 12:57PM (7/28/2008)
I checked out fuh2.com for years. I sent them a picture with an aerosol can stuck down my pants (you know, small penis joke) and me flipping them off with my H2 behind me. Like you, they lack a sense of humor and think vandelism is the answer while ignoring Prius, Tundras and other vehicles and the real fact, many that you Vintage are more aware of. All you do with a site like this is make yourself look ignorant, rather then change minds. Too bad.
chrisdavis 11:36AM (7/28/2008)
Literally falling off the road? Really?
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geo.stewart 11:39AM (7/28/2008)
yes, and they, unlike Dodge, dont have the option of sending vehicles to Iceland. LOL
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Dave 11:40AM (7/28/2008)
Hummer - a vehicle to make Chrysler look good
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the vegas style guy 11:49AM (7/28/2008)
From the very start this was venture was doomed. It inspired such hatred, the likes of which had never been seen before. I mean, how many cars have been the subject of eco-terrorism?
If I was a Hummer dealer I would have my lawyer So ready to sue GM. Remember when they forced the dealers to spend a million dollars at each dealer to make the showrooms worthy of the brand? LOL!
Gm should take the brand way upmarket and produce far less of them. Give Range Rover and Porsche a scare.
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Yar 12:01PM (7/28/2008)
When it comes to scaring a Range Rover, I think a gravel road is more than sufficient.
These vehicles were purpose built for capability, it is in no way the fault of GM that douchebags took over and tarnished the brand's image (which was so carefully constructed by the H1).
the vegas style guy 1:08PM (7/28/2008)
Yar
You are SO right! On all points. I think they should skin a few bison (for mktg to the richies)put the leather on the seats and dash and get that whole operation to the oil rich overseas.
Jon 1:42PM (7/28/2008)
What are they going to sue GM for? Leaping at the same then-hot market that they themselves leaped at? Their only leg to stand on would be a technicality in the language of their contracts.
CORVETTE ZR1 11:58AM (7/28/2008)
of being the owner of a 07 Hummer H2. i can say they are very good off road Vehicle's i go off-roading every weekend with mine. and thats all i do with it... i use it for what it was made for being a Hardcore Off-Road Vehicle. i hate when gay Rappers or hollywood hotshots put stupid 30 inch rims on then and drive then around town... thats not the sole reason they were made those ppl give them a bad name... 8 mpg is not bad when ur off roading... it sucks when ur driveing on the road but... thats not the reason they were made..
P.s. im not a GM fan boy i just pick the best and go with... it.
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MKULTRABLIZZARD 12:10PM (7/28/2008)
gay rappers? it's all about money, cash, hoes. word.
agreed about the bling factor tho.
henrykrinkle 12:47PM (7/28/2008)
ZR1 off-roading last weekend:
http://media.photobucket.com/image/kids%20hummer/jaim8228/6-30-07/S5002963.jpg?o=2
JD 1:24PM (7/28/2008)
Why not just buy a Tahoe? It's the same Chassis, and that was made for off roading in the mall parking lot.
CORVETTE ZR1 1:33PM (7/28/2008)
@ henrykrinkle:
That was funny thank you But... This is more Like It !!!
http://i36.tinypic.com/zn605s.jpg
http://i33.tinypic.com/b5jiip.jpg
Now That is What a Hummer is For....
Yar 2:10PM (7/28/2008)
"Why not just buy a Tahoe? It's the same Chassis, and that was made for off roading in the mall parking lot."
The Tahoe is a one piece frame, the H2 is a 3 piece.
The Tahoe is 1/2 ton, the H2 is 3/4 ton
The Tahoe has a 5.3L Vortec, the H2 has a 6.2L Vortec
The Tahoe has a 4 Speed auto, the H2 has a 6 speed
The H2 has vastly greater approach and departure angles
The H2 has a vastly greater crawl ratio
The H2 has greater water fording capability
Stop saying the H2 is the same vehicle as a Tahoe. If you knew anything about cars and looked underneath each vehicle you would instantly realize they are completely different. They are only similar in approximate size.