Death of the Hummer brand. - Blu-ray Forum

mikejet · 02-25-2010, 06:25 PM

Good riddance!!! Unfortunately people lost jobs in this happening but I HATE Hummers. Terrible trucks from the get go with NO PURPOSE for civilians.

It was a great military truck though.

Sussudio · 02-25-2010, 06:26 PM

Whoa, they're actually being discontinued???

sfmarine · 02-25-2010, 06:28 PM

I heard about 2 years ago that the company was going under. I still want an H1 though.

radagast · 02-25-2010, 06:46 PM

Not so fast.

"SHANGHAI — The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators, but that hasn't stopped investors from setting up a fund to invest in the deal.

GM and Sichuan Tengzhong Heavy Industrial Machinery Corp. extended the deadline for Hummer's sale until Feb. 28 pending approval by the Chinese government. With just days to go, there was no sign Wednesday of any movement on the deal at the Ministry of Commerce or two other agencies concerned.

Beijing has shown little enthusiasm for the planned purchase of a loss-making brand best known for gas guzzling off-road vehicles and which GM is trying to unload as part of a new focus on four mainstay brands."

http://www.foxnews.com/leisure/2010/...e-goes-plan-b/

But Tengzhong and its partners appear to have a Plan B: New J&A Tengzhong Fund SPC, a private equity investment fund owned by an offshore entity that is already recruiting private investors to buy into its acquisition plan.

LeAnn · 02-25-2010, 06:47 PM

Bleh. The military ones were the only good ones. I was behind a hummer yesterday that had been lifted, the tires extended out past the body and they were going 10 under the speed limit in the light drizzle... I mean hey, if my little hybrid can go the speed limit so can it. Once of course it has had enough time to get to the speed limit...

MaCruz · 02-25-2010, 06:56 PM

I know the Chinese bought them, but did they all lose their jobs today or something like that

I don't like the current Hummers out there. That's what ruined the classic name.

Oh and I hate when you see those H2's driving them like a bat out of hell, and I always say.. "yeah enjoy going 6MPG you dummy".

MaCruz · 02-25-2010, 06:57 PM

Quote:

Originally Posted by sfmarine

I heard about 2 years ago that the company was going under. I still want an H1 though.

Man just get an Ack.

sfmarine · 02-25-2010, 07:05 PM

lol H1 > MDX

MDX>H1 due to gas mileage lol.

mikejet · 02-25-2010, 07:07 PM

H1's in the original diesel configuration are awesome. I hate H2's though with a passion. They only sold well because they classify as COMMERCIAL VEHICLES due to their weight. Tax write off!

I really want them to go away. It's ridiculous for them to keep it going. Of course the weird thing is that the Chinese company wants them for use in brand name only. The company builds construction vehicles.

02-25-2010, 06:25 PM	#1
mikejet Banned Member since:Sep 2008 Location:Los Angeles, CA Blu-ray reviews:5 Trading Score:29	Death of the Hummer brand. Good riddance!!! Unfortunately people lost jobs in this happening but I HATE Hummers. Terrible trucks from the get go with NO PURPOSE for civilians. It was a great military truck though.

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02-25-2010, 06:26 PM	#2
Sussudio Blu-ray Champion Member since:Sep 2008 Blu-ray collection:1 Blu-ray reviews:1 Trading Score:11	Whoa, they're actually being discontinued???

02-25-2010, 06:28 PM	#3
sfmarine Blu-ray Archduke Top contributor Member since:Apr 2008 Location:The Swan Station aDdIcTeD 2 LOST PSN:U5MC51473 Home Theater Gallery:18 4K collection:931 Blu-ray collection:2312 DVD collection:276 MA collection:461 Digital collection:492 iTunes collection:534 Blu-ray reviews: 7 Trading Score:43	I heard about 2 years ago that the company was going under. I still want an H1 though.

02-25-2010, 06:46 PM	#4
radagast Blu-ray Samurai Member since:May 2007 Location:Indianapolis	Not so fast. "SHANGHAI — The planned purchase of General Motors Co.'s Hummer brand by a Chinese heavy equipment maker appears stalled by regulators, but that hasn't stopped investors from setting up a fund to invest in the deal. GM and Sichuan Tengzhong Heavy Industrial Machinery Corp. extended the deadline for Hummer's sale until Feb. 28 pending approval by the Chinese government. With just days to go, there was no sign Wednesday of any movement on the deal at the Ministry of Commerce or two other agencies concerned. Beijing has shown little enthusiasm for the planned purchase of a loss-making brand best known for gas guzzling off-road vehicles and which GM is trying to unload as part of a new focus on four mainstay brands." http://www.foxnews.com/leisure/2010/...e-goes-plan-b/ But Tengzhong and its partners appear to have a Plan B: New J&A Tengzhong Fund SPC, a private equity investment fund owned by an offshore entity that is already recruiting private investors to buy into its acquisition plan.

02-25-2010, 06:47 PM	#5
LeAnn Blu-ray Samurai Top ranked HT gallery Member since:Aug 2009 Home Theater Gallery:48 Blu-ray collection:303 Trading Score:9	Bleh. The military ones were the only good ones. I was behind a hummer yesterday that had been lifted, the tires extended out past the body and they were going 10 under the speed limit in the light drizzle... I mean hey, if my little hybrid can go the speed limit so can it. Once of course it has had enough time to get to the speed limit...

02-25-2010, 06:56 PM	#6
MaCruz Community Gaming Moderator Top ranked HT gallery Top contributor Member since:Mar 2009 Location:Jacksonville, FL Home Theater Gallery:160 4K collection:104 Blu-ray collection:958 DVD collection:18 MA collection:394 Digital collection:570 iTunes collection:527 Prime collection:192 Blu-ray reviews: 23 Trading Score:139	I know the Chinese bought them, but did they all lose their jobs today or something like that I don't like the current Hummers out there. That's what ruined the classic name. Oh and I hate when you see those H2's driving them like a bat out of hell, and I always say.. "yeah enjoy going 6MPG you dummy".

02-25-2010, 07:05 PM	#8
sfmarine Blu-ray Archduke Top contributor Member since:Apr 2008 Location:The Swan Station aDdIcTeD 2 LOST PSN:U5MC51473 Home Theater Gallery:18 4K collection:931 Blu-ray collection:2312 DVD collection:276 MA collection:461 Digital collection:492 iTunes collection:534 Blu-ray reviews: 7 Trading Score:43	lol H1 > MDX MDX>H1 due to gas mileage lol.

02-25-2010, 07:07 PM	#9
mikejet Banned Member since:Sep 2008 Location:Los Angeles, CA Blu-ray reviews:5 Trading Score:29	H1's in the original diesel configuration are awesome. I hate H2's though with a passion. They only sold well because they classify as COMMERCIAL VEHICLES due to their weight. Tax write off! I really want them to go away. It's ridiculous for them to keep it going. Of course the weird thing is that the Chinese company wants them for use in brand name only. The company builds construction vehicles.

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