In a somewhat confusing statement, Indian automaker Mahindra and Mahindra has expressed ‘mild interest’ in talking with General Motors about acquiring the HUMMER division. In the same statement, a spokesperson also added that the idea probably ‘doesn’t make any sense for us.’ Maybe I’m examining English semantics coming from an Indian company too closely, but if an idea doesn’t make any sense, why would there be any interest? We’ll take the two contradicting quotes to mean the company is interested purchasing HUMMER and is trying, albeit poorly, to maintain some bargaining leverage.
While many Americans may think that M&M purchasing HUMMER would mean chocolate covered SUVs, those in the farming business are quite familiar with Mahindra and Mahindra. M&M USA makes tractors along with other farm implements, and plans to initiate its first big push on the U.S. passenger vehicle market with a small, diesel powered truck next summer. If that vehicle sees success in the U.S., the automaker also has plans to roll out a mid-size SUV.
Source: Wall Street Journal
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