General Motors has been trying to unload its Hummer division for nearly a year now. Despite assertions late last year indicating that it hoped to have the troubled brand off its books for good before 2009 rolled around, we are now nearing the end of the first quarter of '09 and Hummer is still wholly owned by GM.
HUMMER's up for sale, and General Motors is looking around the house for other items to include in its yard sale. During a presentation to Deutsche Bank, GM's powertrain plant in Strasbourg was added to the For Sale listings by Treasurer walter Borst. Together, the HUMMER brand and the French transmission plant could bring up to $4 billion. GM's likely not done raiding the attic, either. A list of other salable assets is currently being drawn up as The General continues attempts at righting its
Sebastian is joined by Jeremy for AutoblogGreen Podcast #23, since Sam was hanging out with Bob Lutz and his Vectrix scooter when we recorded. Jeremy recounts his experience with Piaggio MP3 scooters on a ride from New York to Connecticut, and we move on to talk about the limited Prius supply as of late. We also touch on some developments at GM: the impending doom that may befall Hummer, and the coming of the Volt, which GM wants to build in Detroit. We go on for a while about hybrids and EVs fo