Search Results | '"strategic review"'
Ask Jim Part 5: HUMMER’s Offroad DNA
In our 5th and final Q&A segment with HUMMER’s CEO Jim Taylor, he addresses the brand’s offroad capabilities, dealer and owner events like HUMMER Happenings, as well as a couple wildcard issues like OnStar and H3T Accessories. Many thanks to Jim, who took the time to answer so many questions for this week-long feature [...]
Continue reading...Five HUMMER Things to be Thankful For
Wednesday, November 25, 2009
Whether you’re a HUMMER owner, enthusiast, or future owner, there’s plenty to be thankful for this Thanksgiving. A year ago, HUMMER fans were smack in the middle of GM’s “Strategic Review” of the brand, which actually provided more questions than answers about HUMMERs future. Just in the last 60 days, things have really [...]
Continue reading...Rod Hall and Team HUMMER Return to Baja 1000
Wednesday, November 18, 2009
Following the close of the 2008 Baja racing season, HUMMER was forced to sever its ties to Rod Hall Racing (aka Team HUMMER) while General Motors undertook its “strategic review” of the brand. After GM came to a definitive agreement to sell HUMMER to Tengzhong, the brand announced its renewed commitment to Rod Hall [...]
Continue reading...HUMMER CEO Responds to Enthusiast Questions
Tuesday, September 8, 2009
We had a terrific response to our first “Ask Jim” segment, in which readers got to submit their questions to HUMMER’s CEO Jim Taylor. Jim was a little tied up with negotiations last week, but was able to respond to the queries this week.
He addressed concerns about diesel models in the U.S., [...]
HUMMER Announcement FAQ
Tuesday, June 2, 2009
Below you will find a HUMMER Announcement Q & A designed to help customers and dealers sort through the announcement and what it means. Interesting points: HUMMER Headquarters will be based in the United States, and verbiage hints that H1 won’t be brought back – but never say never. Click “more” for the [...]
Continue reading...Domestic HUMMER Production to Increase Under New Ownership
Tuesday, June 2, 2009
About 30 percent of HUMMER sales occur outside of the United States, with GM’s South Africa plant building the overseas right-hand drive H3. According to PickupTrucks.com, the new HUMMER owner is expected to move world-wide H3 production to the U.S. plant in Shreveport, LA.
A HUMMER spokesperson said that under new ownership, the 30 percent [...]
HUMMER Brand Sale Could be Complete by June 2009
Sunday, March 8, 2009
General Motors has effectively said that HUMMER will no longer hold a place in its portfolio, leaving two options on the table: sell HUMMER, or shut it down. We’re becoming increasingly confident that GM has found a buyer for HUMMER, and maintaining that selling the brand could be the best possible scenario for a [...]
Continue reading...General Motors Officially Enters ‘Sale Option’ Stage of HUMMER Brand Review
Thursday, October 16, 2008
On Thursday, General Motors officially entered its next stage of HUMMER’s strategic review process, which is exploring the option of a sale. Over the next few weeks, HUMMER will distribute materials to appropriate parties that are considering purchasing the brand.
This part of the process will heavily involve Citibank, the investment bank that is helping [...]
General Motors names James Taylor as HUMMER CEO
Wednesday, October 15, 2008
Late Wednesday, General Motors announced that James Taylor (the now former Cadillac general manager, not the music giant) will join the HUMMER leadership team as CEO.
Taylor will move into the newly created position under premium division VP Mark McNabb, and will now be responsible for “the future strategy and current business of HUMMER worldwide,” according [...]
Largest U.S. HUMMER Dealer to Close Doors Next Week
Wednesday, September 3, 2008
At 6,000 square feet, Towbin HUMMER claims to have the largest stand-alone HUMMER dealership in the nation – but not for long. The Las Vegas dealer recently announced that after next Tuesday, September 9th, it will no longer sell or service HUMMER vehicles.
Earlier this year owner Dan Towbin told reporters that he wasn’t surprised [...]
GM Ends Strategic Review of HUMMER, Sale Imminent
Wednesday, September 3, 2008
General Motors’ COO Fritz Henderson announced earlier today that he hopes the sale of HUMMER will be complete by early 2009 at the latest, effectively announcing an end to HUMMER’s strategic review. While the details of the sale haven’t been finalized, it’s clear which direction GM is moving.
Before today, GM had maintained that all [...]
Friday, December 18, 2009
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