GM Hopes to Sell HUMMER by Early 2009

Wed, Sep 3, 2008

Hummer News

Fritz Henderson Hummer GM’s Chief Operating Officer Fritz Henderson said this morning that GM is considers the sale of HUMMER urgent and hopes to unload the brand by early 2009.

“We are trying to approach this (Hummer sale) on an urgent basis,” said Henderson, according to Reuters. “End of this year is a fair amount of time. It can conceivably happen … but if it takes us to early next year, that is okay, too,” he added.

Henderson also reiterated CEO Rick Wagoner’s remarks about having several interested parties, but declined to mention any by name. “We are working quickly. It will be premature to mention something.”

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