General Motors CEO, Rick Wagoner, mentioned in passing that several parties have expressed interest in purchasing HUMMER and that GM is moving as quickly as possible to seal the deal. "We have some interested buyers," Wagoner told reports while attending the opening of a new GM engineering and development center.
The sale of HUMMER would help fund GM's attempt to boost liquidity to the tune of $15 billion by the end of 2009. Other brands could be cut or paired down, but Wagoner insists that Saab will continue to soldier on. "Saab is a critical part of our European portfolio and has the potential to be quite a good moneymaker for us." He went on to say that the next Saab will be built in North America, although it wasn't divulged what model would be produced or where.
Click above for a high-res gallery of the HUMMER H3T.
To say that HUMMER's launch timing for the H3T sport-utility-truck couldn't be worse seems like an understatement. Trucks which had been flying out of showrooms just a few short years ago are now languishing on dealer lots. What's more, the entire HUMMER brand could get the axe any day now from (current) parent company General Motors. Still, the H3T is coming to a dealer near you in September, and there's nothing that the General can do but price it competitively and hope for the best. We've got some detailed pricing information pasted after the break, but the short version is that the five-cylinder base model, which comes standard with a five-speed stick, will go for $31,495 and be equipped with the expected four-wheel drive along with 32-inch tires and a clothe interior. Upscale Alpha models get upgraded with the 5.3L V8 hooked to a four-speed automatic, a chrome appearance package and a Monsoon stereo for $36,760.
General Motor's car czar, Bob Lutz, sat down with the little people of the blogosphere after GM's announcement that it would be reducing white collar expenditures by 20-percent, cutting truck production and eliminating retired health care for salaried workers over 65, all in an effort to boost its liquidity by $15 billion by the end of 2009.
Maximum Bob addressed questions about GM's entire brand portfolio, saying, "Pontiac will be nourished with products" and confirming that GM is in talks with financial institutions about HUMMER, and that, "If we could sell the brand, we'd be interested in doing that."
Predictably, much of the conversation centered on fuel efficiency and the General's plans to address the growing demand for miserly transport in the U.S. Lutz made it clear that "as fuel costs in the U.S. begin to resemble those in the rest of the world" it will be easier for GM to realign its products on a global scale.
It sure ain't pretty, though beauty, in this case, is likely in the eye of the beholder. A few years back, a new take on the taxi was provided by Standard Taxi, a company based in Troy, Michigan. The design for the purpose-built people hauler uses GM running gear and is able to haul four passengers in relative comfort. We hadn't heard a peep from the company until today when we learned that Standard is now working on negotiations with AM General to build the vehicle in its plant in Mishawaka, Indiana, where AM General builds the Hummer H2 SUV and SUT. So far, no announcements have been made regarding whether or not the plant would continue working full-time in the face of lagging Hummer sales, though we imagine that plenty of excess capacity is available. According to AM General, the deal would in no way impact the assembly of military Hummer models.
We can't say whether a production version of the Standard Taxi would feature the pushrod 4.3-liter V6 that the concept had underhood, though there are plenty of options from the GM parts-bin from which to pilfer. A Standard Taxi equipped with GM's 2-Mode hybrid system could prove to be extremely well-suited for taxi duty in some of the world's toughest environments.
Click above for a high-res gallery of the HUMMER H3T.
HUMMER is on the skids and pickups aren't flying off dealer lots, but if you're smitten with the H3 and need to haul more than its covered cargo bay can handle, the H3T is yours for the taking. Pricing starts at $31,495, including a $745 destination charge -- $850 less than a comparable H3.
For that kind of cash, you get a five-foot-long bed covered with an integrated liner and built-in storage system, full-time electronically controlled four-wheel-drive, 32-inch tires, functional skid plates and the five-year/100,000-mile warranty. The base model will pack the 3.7-liter five-cylinder, but a 5.3-liter V8 will be available, along with Bluetooth integration and an upgraded OnStar system. GM hasn't released details on what that kind of kit will set you back, but you can hit up your local dealer to find out when the H3T goes on sale in September.
It's no secret that GM is looking to sell or kill its once valuable HUMMER brand, but the big question now is whether the General will do the same with other brands. Unfortunately for GM, there isn't much to be gained from either killing or selling most brands. Saturn, GMC, and Pontiac are all US-only brands that don't exist without Chevrolet, and the bow-tie is GM, so it's safe as can be. Buick is a Chinese gold mine, so it's off the market. Selling Saab, Vauxhall or Opel likely wouldn't result in the kind of cash the General is going to need going forward, but at the expense of losing its European market share. Killing any brand, as GM already knows from its experience with Oldsmobile, would result in lawsuits from dealers and a dip in sales, which the General can hardly afford.
What is likely to happen is that GM will take the same road Chrysler is already traveling by cutting overlapping models. Do we need a G5 and a Cobalt? Not likely. How about four Lambda crossovers? Two or three would likely be sufficient. How many different flavors of GMT 900-based SUVs is needed? There are currently several different flavors of Tahoe, Silverado, and Yukon, and some are superfluous, not mention stagnating on dealer lots. In the place of those vehicles will go more efficient models ranging from the sub-sub compact Chevy Beat (supposedly) to more Cobalt-sized products. The trick will be keeping the ship afloat until those models, along with the Chevy Volt, become reality. GM is likely to unveil more details during its next board meeting in early August.
There's no official obituary for GM's HUMMER brand yet, but haters are lacing up their dancing shoes while lovers wring their hands. Dealers with HUMMER franchises have a lot of skin in the game, so the uncertain future is bound to give business officers ulcers. Not willing to wait around to the bitter end, Milwaukee's Bergstrom HUMMER is planning to move into the same space as the group's Chevrolet store. The HUMMER-specific Quonset hut style dealership building will be toned down and pressed into service as an outlet for Certified used GM vehicles. Other HUMMER dealers across the nation are staring down the same conundrum, being on the hook for that big, rugged showroom, test track, inventory, and staff, while the parent company looks to clamp off bleeders. Some might follow Bergstrom's lead and shove the big trucks into a corner of a showroom dominated by a more stable brand, while others are shipping inventory as fast as they can.
Moving product is a tremendous challenge when the bobbleheads on the nightly news continue shrilly about the price of fuel and you've got a lot full of low-mpg, high weight trucks that happen to be a favorite target of vandals euphemistically masquerading as "activists." Customers that do make it through the door are looking for deals, and HUMMER will spot you five thousand bucks to take an H3, PLEASE. Existing customers are looking to get out of their vehicles any way possible, even if it means a financial hit. The mass exodus isn't solely due to hysteria, when it costs over $100 to fill the fuel tank, it chafes to watch the fuel gauge's precipitously quick drop toward "E." Retail issues aside, HUMMER still offers capable vehicles with a high level of style. If you've got a boat to pull, and want to look like the Governator, an H2 could still be just the thing, and now you'll be able to find one for a song; most likely the blues.
This has been a big year for GM's organization alignment, with President Fritz Henderson opening up about the brand issue snafu and the appointment of four brand czars. HUMMER was meant to join forces with Cadillac and Saab in a premium channel, but while HUMMER is still in the family, it's apparently been put out on the lawn. GM Inside News (GMI) reports that GM is treating HUMMER as a goner, saying that the H4 program is on life support for handover to the next buyer, and the H3 GMT-700 program is kaput.
The bigger hearsay is that GM's board is considering euthanizing GMC or Pontiac. Those two brands were to be aligned in a brand channel with Buick (PBG). Getting rid of GMC could make some kind of sense, since it's entirely brand-engineered vehicles with some of the worst mileage numbers in the fleet. Shunning Pontiac would be a surprise to us since the Solstice and G8 have given it a nice brand awareness boost and it's got some products in the pipeline. If GMC or Pontiac did go, the GM board would consider folding Saturn into the PBG channel to maintain sales volume. In corporate-speak, we believe this is called GM's "gloves off" phase. Thanks for the tip, Dan!
Way back in February, the NHTSA began investigating certain full-size trucks and SUVs from General Motors for the possibility of their engines spontaneously combusting, even when the ignition key is in the 'off' position. At that time, the investigation covered some 423,000 vehicles, and GM seemed pretty confident that the issue would not be widespread. Yeah, it appears as if the General was a little off in that assessment. The engine fire issue may now affect about 2.7 million vehicles, including all of the latest Chevrolet, GMC and HUMMER full-size models.
A preliminary examination of the electric systems throughout these vehicles is being conducted at this time. Depending on the results of the NHTSA's 'Engineering Analysis', a recall could follow. So far, there exists 41 reported cases of non-crash-related underhood fires, with 16 of those supposedly with the ignition turned off. Check after the jump for a complete list of all the possibly affected vehicles.
General Motors is already having meetings with its dealers regarding all the possibilities for its HUMMER brand. According to reports, there are several companies interested in making a purchase of the military-inspired vehicles, though Tata Motors now appears uninterested despite earlier reports. One suitor is said to be Mahindra & Mahindra, the Indian company that plans on making a big splash entering the American market itself over the next few years. Just-Auto quotes an unnamed official at the company who says "Mahindra is very keen on acquiring the Hummer." Hmm... Isn't it interesting how one little word can change the meaning of an entire sentence. Anyway, Mahindra already produces a vehicle that shares an eerie resemblance to the original GI-spec HUMMER that it sells to the Indian military.
Currently, the vast majority of Hummer sales are made in the States, but Mahindra doesn't sound worried about that. "The U.S. market might not be able to afford their own HUMMER any longer, but India is a growing and strong economy. When Indians like something we go out and get it, no matter what the cost, because we know how to make it work for us," according to an unnamed source. Uh huh... good luck with that.
General Motor's car czar, Bob Lutz, sat down with the little people of the blogosphere after GM's announcement that it would be reducing white collar expenditures by 20-percent, cutting truck production and eliminating retired health care for salaried workers over 65, all in an effort to boost its liquidity by $15 billion by the end of 2009.
It's no secret that GM is looking to sell or kill its once valuable 
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