Word around Detroit is that GM would love to offload Hummer, it’s gas guzzler brand. Numbers thrown around are in the 500-700 million dollar range, but whose counting? Some think, since the Hummer is still a very popular brand in Russia, it might be good enough to be brought up by the same gentleman that bought a portion of Magna last year.
Of course, lets not count out Mahindra Mahindra, who is already in the business of SUV’s so this would be a deal more along the lines of it then Tata. Lets look at Tata. Has anyone heard of Tata prior to their announcement of making an extra small car that was to retail for $2500? Didn’t think so. So what is the logic behind it to buy Hummer, which is on exactly the opposite end of the spectrum. Luxurious and expensive. Time will tell, but it should be an interesting summer…
Posts Tagged ‘Tata’
June 8th, 2008



