Thursday, April 9, 2009

Lets all hope for 3000 dollar Hummers


Looks like my dream isn't going to happen. What dream is that, the dream that Hummer would become bankrupt and I would be able to purchase a new one for $3,000. Maybe this wealthy individual is someone like a rapper who's goal is just to say they have a bunch of Hummers.

"Three bidders remain for General Motor's Hummer brand, two sources with knowledge of the matter said on Wednesday, adding that current offers range from $100 million to $200 million in cash, in addition to other commitments. None of the bidders are automakers. One bidder is from the United States and the other two are from overseas, the sources said, adding that the bidders include private equity and wealthy individuals ...GM had promised to have a decision by the end of March on whether it would sell or fold Hummer. But it missed that deadline, along with other key targets set by the White House-appointed autos task force. The task force has given GM 60 days to come up with a restructuring plan that cuts costs and debt
levels more deeply than the automaker had planned. "


Lets hope that the deals fall through and Hummer has to liquidate, and I can trade my Mazda in for one.

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