General Motors Officially Enters ‘Sale Option’ Stage of HUMMER Brand Review

Thu, Oct 16, 2008

Hummer News

GM LogoOn 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 HUMMER shop the brand among global investors.

Related Headlines:
GM Hires Citibank to Assist in HUMMER Strategic Review
HUMMER Speculation Continues
GM Could Avoid Sale of HUMMER with New Models
HUMMER Lets Speculation Begin
Official Word from GM Regarding HUMMER Brand Review

One Response to “General Motors Officially Enters ‘Sale Option’ Stage of HUMMER Brand Review”

  1. Hummer Aficionado_VT Says:

    Word at the forum is that GM found a buyer. I heard this from a reliable source, but no details yeat as to
    who it is.

    I hope neither Tata, Mahindra, or China…… 🙁