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Friday, November 13 - 2009

GM may announce sale of Hummer

  • Tuesday, March 31 - 2009 at 09:14

General Motors may make an announcement today that it has sold off its Hummer brand of vehicles as part of a restructuring plan to win more government bailout funds, The New York Times has reported. A Hummer spokesman acknowledged that GM was trying to find a buyer for the brand, and said an announcement about the fate of the oversized sports utility vehicle could be made today. Sales of Hummers tumbled 51% last year.

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