The Hummer brand seems to be going down kicking and streaming. Just days after it was reported that General Motors informed its dealers that it was closing out Hummer this month, a new name has popped up as a potential bidder: Raser Technologies. Raser has been covered here previously for its development of an extended range electric drivetrain that was installed into a Hummer H3. The system is similar, in principle, to the Voltec system used in the Volt
According to a report on The Car Connection, Raser actually put in a bid for Hummer in mid-2009 before GM struck a deal with Sichuan Tengzhong that ultimately fell apart. Since the Chinese deal collapsed, Raser has again expressed its interest and has apparently been rebuffed.
Raser reportedly wants to transform Hummer into a green brand with its powertrain technology. However, it seems unlikely that GM will make a deal since that would likely mean it would have to continue building the vehicles for Raser for some time. The Shreveport, LA factory that builds the H3 and the Chevrolet Colorado is likely to close in the coming years, and GM most likely just wants to end the whole affair.
[Source: The Car Connection]