• Apr 13, 2010
General Motors has already begun turning the lights off at its Hummer brand, though that may be no fault of multiple potential buyers. We're not just talking interested parties from China here, either. According to brand enthusiast website HummerGuy, several American-based companies have expressed viable interest in snapping up the SUV-slinging manufacturer over the past few months. Even more surprisingly, all of the potential offers have reportedly fallen on deaf ears.

Both Raser Technologies and Electric Motors Corporation have supposedly made The General offers worth considering, and GM has left them unanswered. These whispers haven't just been crawling around the web – they've evidently made their way all the way to Illinois Senator Roland Burris (above), who has promised to look into the matter himself.

While we'd be thoroughly surprised if such an investigation had any repercussions, we have to wonder why GM would say no both of the EV builders unless it thinks it can make more money winding down the brand by selling off tooling and manufacturing rights, or perhaps just avoiding bureaucratic headaches. Some experts believe GM might be worried about competition from future extended-range EVs, but we have a hard time imagining one of the world's biggest manufacturers losing sleep over a couple of startups. Either way, as with Saab before it, there remains a sliver of hope for the brand, but we certainly wouldn't bet on another eleventh-hour miracle.

[Source: HummerGuy | Image: Burris.senate.gov]


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    • 1 Second Ago
  • 29 Comments
      • 4 Years Ago
      Most of these Congressmen have never, ever worked in the private sector. They know nothing about business, yet they are making business decisions for one of the largest multinational companies in the world. Unbelievable, until I learned that my local Congressman has pressured G.M. to return a G.M. franchise to a local Buick/GMC dealer.

      What is the difference between political donations and B2B bribery? One is legal and the other is not.




        • 4 Years Ago
        I have said for a very long time...

        that organized crime WISHES it were anywhere close to as effective as the federal government.


        "The government is just a group of people, most notably ungoverned."
        - Firefly. Best show ever.
        • 4 Years Ago
        @Boxer

        The Massachusetts legislature displaced the Cosa Nostra many years ago when Whitey Bulger and his brother, Senate President Billy Bulger, effectively drove Democracy into a shallow grave. Organized crime as practiced in Massachusetts is now clothed in fine suits, live in gentrified neighborhoods, and run for re-selection every 2-4 years, the rest of us are simply harvested for cash.

        Did you know, Boxer, that "spending" is now a forbidden word? Our Massachusetts politicians now call spending, "investments"!

        Please excuse my political excursion in an auto focused forum.
      • 4 Years Ago
      I agree this is a waste of time. If they want to investigate something why not something like "Why have Toyota cars become so boring?" or "Why has overpriced built-in satnav become such an epidemic?" or "Why aren't most economy cars priced as such?". If they can't research any of those then they just need to get back to wasting my taxpayer dollars.
      • 4 Years Ago
      Last-chance Roland Burris. Of course he'd be the senator to dig into this.
      • 4 Years Ago
      There's enough of a market to keep Hummer? Wow, then there are are more drug dealers than I thought!
      • 4 Years Ago
      Quote: "...but we have a hard time imagining one of the world's biggest manufacturers losing sleep over a couple of startups."



      B.S.

      The Federal Government is presently handing out billions in subsidies and unsecured loans to these EV startups. Tesla is a good example.

      The only queation is which of Obama's Chicago thug cronies or financial backers at Goldman-Sachs bank stand to make money off of Federal loans for an EV Hummer?
        • 4 Years Ago
        Maybe you should ask Mr. TARP man himself; I'm sure he's got more buddies in the banking industry than Obama, since he bailed them out.
      • 4 Years Ago
      Hummer just doesn't fit into their plans for a new america. We can't have it sold, then become a profitable company now can we?
      • 4 Years Ago
      At least GM identified the right brand(s) to ditch. It could have been worse. Just look at H-D/Buell.
      • 4 Years Ago
      Is it a violation of the law somehow for GM not to sell Hummer?

      I'm sure GM is putting conditions on the sale and that's what's killing them. But why wouldn't they do so? It is possible that the offers are too low, that is if you sell it you'll lose money, because the assets are worth more unsold.
        • 4 Years Ago
        I'm guessing the federal government is questioning GM's motives regarding Hummer because, if you have viable options to sell the brand off and pay down some of your debt... why wouldn't you?
        As far as Roland Burris goes, another AutoBlog poster made a very good point about him... "he couldn't pursuade the janitor to change the thermostat, so who's going to listen to him in Congress? He's basically a seat warmer until a REAL candidate comes along for the seat for sale."
        • 4 Years Ago
        There is future income from the Hummer brand. Merchandise, repair parts, etc. Also, if you have to provide support to the buyer (as Ford does under the Volvo deal), that costs money too.
      • 4 Years Ago
      Shouldn't this senator investigate himself instead?
      • 4 Years Ago
      Has that senator got nothing better to do?

      LIKE CUTTING THE DAMN BUDGET, and getting this country out of the untenable fiscal crap-storm that it is in, and stands to get much, much worse...

      The US Congress has a job to do, and 'this ain't it.'

      But that is what happens, GM, when you make bedfellows with bureaucrats. They like to be involved and they love to have "oversight."
        • 4 Years Ago
        ...and the "colorful" world of Chicago politics continues.(Urgh!)
        • 4 Years Ago
        He's an Illinois Senator.... You get what you pay for :=)
        • 4 Years Ago
        in today's financial climate, you just can't give away your brands, copyrights, and patents. It would be professionally stupid move to just sell off HUMMER to anybody that wants it. GM have been extremely savvy about its intellectual property and that should mean a lot to all of the car fanatics out there.

        Porsche, Ferrari, etc have been very careful through the decades not to just sell their brands and technology to anybody that shows up with a blank check. Ferrari & Ford fell out decades ago after a failed take-over by Ford. The US giant definitely had the coin to purchase all of Ferrari, but Ferrari didn't want to let Ford dismantle the brands heritage and other unique build qualities that would have diminished the legendary Italian sports car maker.

        GM doesn't want to basically give away tech and tools that may return to eventually compete against them in the future. Like the Maybach brand owned by Daimler. It would be foolish to sell it at any costs ---- M-B has effectively squandered it, I believe it should've been continued, but with a vast design overhaul.
        • 4 Years Ago
        I'ts a great way for him to spend the next 6 months in office not counting recesses. Remember who's seat he took? This guy is toast. He might as well sit there and take the money,right. The investigation will end in November. All those oil investigations accomplished alot, didn't they. January 20th 2009 I paid $1.69 for reg. today $2.76. Where is the outcry?
        • 4 Years Ago
        The guy bought his seat from the now impeached governor of Illinois and is pretty much toxic to anyone who would work with him. He really doesn't have anything to do.
        • 4 Years Ago
        I guess if they were turning a blind eye and doing no investigation, you'd blame conflict of interest.

        Damned if you do...
      • 4 Years Ago
      What, Burris didn't get his kickback?

      Just Google "roland burris mausoleum" to see how much he loves himself.
      • 4 Years Ago
      The main reason I can see why GM doesn't want to sell is probably due to the amount of IP that is currently in use in all the other trucks it produces.
      This alone would be a good reason to just let it fade away.

      Think about it, you have a $20k company have access to a million dollar resourse.
      (Ok, the numbers may be off, but not the proportion)
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