GM Reiterates HUMMER has Interested Buyers

Fri, Jul 25, 2008

Hummer News

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Earlier today, Richard Wagoner reiterated his statement from last week that several parties are interested in purchasing the HUMMER brand. “We have some interested buyers, and I can’t tell you anything beyond that right now but we are moving as fast as we can,” Wagoner told reporters in Michigan. Last week Wagoner laid out GM’s plan to raise $15 billion in liquidity which included the sale of assets, and confirmed that HUMMER is the only brand currently on the table.

Source: Reuters

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