HUMMER - Revision history

TristanT at 08:12, 1 June 2010

2010-06-01T08:12:08Z

← Older revision		Revision as of 08:12, 1 June 2010
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	[[Category:Off-road vehicles]]		[[Category:Off-road vehicles]]
	[[Category:Prestige vehicles]]		[[Category:Prestige vehicles]]
	[[Category:Defunct motor vehicle manufacturers in the United States]]		[[Category:Defunct motor vehicle manufacturers of the United States]]

TristanT at 08:10, 1 June 2010

2010-06-01T08:10:31Z

← Older revision		Revision as of 08:10, 1 June 2010
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	[[Category:Off-road vehicles]]		[[Category:Off-road vehicles]]
	[[Category:Prestige vehicles]]		[[Category:Prestige vehicles]]
			[[Category:Defunct motor vehicle manufacturers in the United States]]

Red marquis at 10:37, 25 February 2010

2010-02-25T10:37:30Z

← Older revision		Revision as of 10:37, 25 February 2010
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	* [http://www.autoblog.com/2010/02/23/hummer-deal-with-chinas-tengzhong-looking-shaky/ Hummer deal with China's Tengzhong looking shaky]		* [http://www.autoblog.com/2010/02/23/hummer-deal-with-chinas-tengzhong-looking-shaky/ Hummer deal with China's Tengzhong looking shaky]
	* [http://carscoop.blogspot.com/2010/02/wind-it-down-say-good-bye-to-hummer-as.html Wind it Down: Say Good-bye to Hummer as Chinese Deal goes from... Sweet to Sour]		* [http://carscoop.blogspot.com/2010/02/wind-it-down-say-good-bye-to-hummer-as.html Wind it Down: Say Good-bye to Hummer as Chinese Deal goes from... Sweet to Sour]
			* [http://www.autoblog.com/2010/02/24/hummer-gm-sale-tengzhong-wind-down/ BREAKING: GM announces Hummer sale cannot be concluded, brand to be wound down]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''

Red marquis at 08:53, 25 February 2010

2010-02-25T08:53:25Z

← Older revision		Revision as of 08:53, 25 February 2010
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	{{List Of Hummer Models}}		{{List Of Hummer Models}}
			'''Hummer''' is a former marque of trucks sold by [[Motors Liquidation Company]] (the company left over from General Motors' bankruptcy, aka the old GM). The original [[Hummer H1]] was based on the military [[High Mobility Multipurpose Wheeled Vehicle]] (HMMWV, or ''Humvee''). However, the [[Hummer H2]] and the [[Hummer H3]] were based on other, smaller civilian-market vehicles.

	~~'''Hummer''' is a marque of vehicles sold by~~ [[~~General Motors~~]]. ~~For~~ the ~~military vehicles~~ on ~~which~~ the ~~trademark is based see [[HMMWV]]~~. ~~In May 2006~~, ~~GM announced~~ that it is ~~discontinuing the H1~~.		Chinese automaker [[Sichuan Tengzhong Heavy Industrial Machinery Company]] announced in 2009 that it will acquire the Hummer brand pending government approvals. However, the People's Republic of China rejected the deal on February 24, 2010, and GM has decided to retire the brand.<ref>http://www.reuters.com/article/idUSTRE61N5XE20100224</ref> There have been reports that Sichuan Tengzhong may pursue the purchase of the Hummer brand from GM by purchasing it privately through the companies 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.<ref>http://www.washingtonpost.com/wp-dyn/content/article/2010/02/24/AR2010022401259.html</ref>

	==History==		==History==
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	On January 02, 2009, As a result of General Motor's Chapter 11 bankruptcy, breakup and subsequent nationalization stemming from poor sales and perception of the automotive juggernaut, exacerbated by the 2009 Global Economic Recession, GM confirmed the sale of its 4x4 division, Hummer, to a relative unknown - People's Republic of China's Sichuan Tengzhong Heavy Industrial Machinery Co. LTD. It is expected this sale will save 3000 jobs in the US.		On January 02, 2009, As a result of General Motor's Chapter 11 bankruptcy, breakup and subsequent nationalization stemming from poor sales and perception of the automotive juggernaut, exacerbated by the 2009 Global Economic Recession, GM confirmed the sale of its 4x4 division, Hummer, to a relative unknown - People's Republic of China's Sichuan Tengzhong Heavy Industrial Machinery Co. LTD. It is expected this sale will save 3000 jobs in the US.

			===Failed sale===

			On June 1, 2009, as a part of the [[General Motors bankruptcy]] announcement, the company revealed that the Hummer brand would be discontinued. However, the following day GM announced that instead it had reached a deal to sell the brand to an undisclosed buyer.<ref>http://www.nytimes.com/2009/06/03/business/03auto.html</ref> After GM announced that same day that the sale was to an undisclosed Chinese company<ref>{{cite web\|author=1:34 p.m. ET \|url=http://www.msnbc.msn.com/id/31059625/ \|title=Chinese company to buy Hummer from GM - Autos- msnbc.com \|publisher=MSNBC \|date=2009-06-24 \|accessdate=2009-12-17}}</ref>, CNN and the New York Times identified the buyer of the Hummer truck unit as China-based [[Sichuan Tengzhong Heavy Industrial Machinery Company]] Ltd.<ref>{{cite web\|author=By Aaron Smith, CNNMoney.com staff writer \|url=http://money.cnn.com/2009/06/02/news/companies/gm_hummer/index.htm?postversion=2009060207 \|title=Who bought Hummer? Sichuan Tengzhong of China - Jun. 2, 2009 \|publisher=Money.cnn.com \|date=2009-06-02 \|accessdate=2009-12-17}}</ref><ref>{{cite web\|author=1:34 p.m. ET \|url=http://www.msnbc.msn.com/id/31059625// \|title=Chinese company to buy Hummer from GM - Autos- msnbc.com \|publisher=MSNBC \|date=2009-06-24 \|accessdate=2009-12-17}}</ref><ref>http://www.nytimes.com/2009/06/03/business/03auto.html?_r=1&hp</ref> Later that day, Sichuan Tengzhong itself announced the deal on their own website. On January 6, 2010, GM CEO [[Ed Whitacre]] said he hopes to close the deal with Tengzhong by the end of January 2010.<ref>news http://www.reuters.com/article/idUSTRE6055B220100106</ref> On 1 February 2010 it was announced that Sichuan and General Motors had agreed to extend the deadline till the end of February as Sichuan tried to get approval by the Chinese government.<ref>http://www.reuters.com/article/idUSTOE61005520100201</ref> It was also revealed that the price tag of the Hummer brand was $150 million.<ref>http://www.reuters.com/article/idUSHKU00013520100201?loomia_ow=t0:s0:a49:g43:r1:c0.184211:b30168612:z0</ref>

			On February 24, 2010, the deal fell through, and it was announced that the Hummer brand would soon shut down.<ref>http://money.cnn.com/2010/02/24/news/companies/hummer_chinese/index.htm?hpt=T2</ref> The company has announced they are willing to consider offers for all or part of the assets.

	==Evaluation==		==Evaluation==

Red marquis at 08:25, 25 February 2010

2010-02-25T08:25:22Z

← Older revision		Revision as of 08:25, 25 February 2010
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	* [http://carscoop.blogspot.com/2009/06/gm-officially-confirms-china-sichuan.html GM Officially Confirms China's Sichuan Tengzhong as HUMMER's Buyer]		* [http://carscoop.blogspot.com/2009/06/gm-officially-confirms-china-sichuan.html GM Officially Confirms China's Sichuan Tengzhong as HUMMER's Buyer]
	* [http://www.autoblog.com/2010/02/23/hummer-deal-with-chinas-tengzhong-looking-shaky/ Hummer deal with China's Tengzhong looking shaky]		* [http://www.autoblog.com/2010/02/23/hummer-deal-with-chinas-tengzhong-looking-shaky/ Hummer deal with China's Tengzhong looking shaky]
			* [http://carscoop.blogspot.com/2010/02/wind-it-down-say-good-bye-to-hummer-as.html Wind it Down: Say Good-bye to Hummer as Chinese Deal goes from... Sweet to Sour]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''

Red marquis at 08:23, 25 February 2010

2010-02-25T08:23:46Z

← Older revision		Revision as of 08:23, 25 February 2010
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	* [http://www.autoblog.com/2008/12/15/changfeng-am-general-bidding-on-hummer/ Changfeng, AM General bidding on Hummer]		* [http://www.autoblog.com/2008/12/15/changfeng-am-general-bidding-on-hummer/ Changfeng, AM General bidding on Hummer]
	* [http://carscoop.blogspot.com/2009/06/gm-officially-confirms-china-sichuan.html GM Officially Confirms China's Sichuan Tengzhong as HUMMER's Buyer]		* [http://carscoop.blogspot.com/2009/06/gm-officially-confirms-china-sichuan.html GM Officially Confirms China's Sichuan Tengzhong as HUMMER's Buyer]
			* [http://www.autoblog.com/2010/02/23/hummer-deal-with-chinas-tengzhong-looking-shaky/ Hummer deal with China's Tengzhong looking shaky]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''

Red marquis at 14:40, 6 June 2009

2009-06-06T14:40:33Z

← Older revision		Revision as of 14:40, 6 June 2009
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	==History==		==History==
	Hummers were traditionally built by [[AM General]] Corporation, formerly the heavy ~~industrgnies~~ division of [[American Motors Corporation\|American Motors]], in its Mishawaka, Indiana assembly plant. AM General had planned to sell a civilian version of the Hummer as far back as the late 1980s. In 1990, two matching white Hummers were driven from London, UK to Beijing, People's Republic of China over the rough roads of the central Soviet Union. The Hummers made the drive with ease, and highlights of this journey were broadcast on ESPN in the United States. The publicity would pale in comparison to the attention that the [[HMMWV]] received for its service in Operation: Desert Storm the following year.		Hummers were traditionally built by [[AM General]] Corporation, formerly the heavy industries division of [[American Motors Corporation\|American Motors]], in its Mishawaka, Indiana assembly plant. AM General had planned to sell a civilian version of the Hummer as far back as the late 1980s. In 1990, two matching white Hummers were driven from London, UK to Beijing, People's Republic of China over the rough roads of the central Soviet Union. The Hummers made the drive with ease, and highlights of this journey were broadcast on ESPN in the United States. The publicity would pale in comparison to the attention that the [[HMMWV]] received for its service in Operation: Desert Storm the following year.

	In 1991, [[AM General]] began selling a civilian version of the M998 [[High Mobility Multipurpose Wheeled Vehicle]] (HMMWV or Hum-Vee) vehicle to the public under the brand name '''Hummer'''. According to legend, they began doing so after Arnold Schwarzenegger asked them to; apparently, he was impressed by a convoy of Hum-Vees that drove by while filming "Kindergarten Cop" in 1990. In 1999, AM General sold the brand name to General Motors but continued to manufacture the vehicles. GM is responsible for the marketing and distribution of all Hummers produced by AM General. In the next few years, GM introduced two new homegrown models, the [[Hummer H2\|H2]] and [[Hummer H3\|H3]], and renamed the original vehicle to H1. AM General continues to build the H1 and is contracted by GM to produce the H2. The H3 is built in Shreveport, LA.		In 1991, [[AM General]] began selling a civilian version of the M998 [[High Mobility Multipurpose Wheeled Vehicle]] (HMMWV or Hum-Vee) vehicle to the public under the brand name '''Hummer'''. According to legend, they began doing so after Arnold Schwarzenegger asked them to; apparently, he was impressed by a convoy of Hum-Vees that drove by while filming "Kindergarten Cop" in 1990. In 1999, AM General sold the brand name to General Motors but continued to manufacture the vehicles. GM is responsible for the marketing and distribution of all Hummers produced by AM General. In the next few years, GM introduced two new homegrown models, the [[Hummer H2\|H2]] and [[Hummer H3\|H3]], and renamed the original vehicle to H1. AM General continues to build the H1 and is contracted by GM to produce the H2. The H3 is built in Shreveport, LA.
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	On May 12, 2006, [[GM]] announced it would cease production of the original [[H1]] Hummer.		On May 12, 2006, [[GM]] announced it would cease production of the original [[H1]] Hummer.

	~~Recently~~ [[Rick Wagoner]] said at the [[Los Angeles Auto Show]] said that the Hummer Brand of trucks will be on Biodiesel		Former GM CEO [[Rick Wagoner]] once said at the [[Los Angeles Auto Show]] said that the Hummer Brand of trucks will run on Biodiesel. However, this plan never came to fruition.

			On January 02, 2009, As a result of General Motor's Chapter 11 bankruptcy, breakup and subsequent nationalization stemming from poor sales and perception of the automotive juggernaut, exacerbated by the 2009 Global Economic Recession, GM confirmed the sale of its 4x4 division, Hummer, to a relative unknown - People's Republic of China's Sichuan Tengzhong Heavy Industrial Machinery Co. LTD. It is expected this sale will save 3000 jobs in the US.

	==Evaluation==		==Evaluation==

Red marquis at 12:46, 3 June 2009

2009-06-03T12:46:03Z

← Older revision		Revision as of 12:46, 3 June 2009
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	* [http://www.motorauthority.com/hummer-is-the-only-gm-brand-for-sale-says-ceo-wagoner.html Hummer is the only GM brand for sale, says CEO Wagoner]		* [http://www.motorauthority.com/hummer-is-the-only-gm-brand-for-sale-says-ceo-wagoner.html Hummer is the only GM brand for sale, says CEO Wagoner]
	* [http://www.autoblog.com/2008/12/15/changfeng-am-general-bidding-on-hummer/ Changfeng, AM General bidding on Hummer]		* [http://www.autoblog.com/2008/12/15/changfeng-am-general-bidding-on-hummer/ Changfeng, AM General bidding on Hummer]
			* [http://carscoop.blogspot.com/2009/06/gm-officially-confirms-china-sichuan.html GM Officially Confirms China's Sichuan Tengzhong as HUMMER's Buyer]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''

Red marquis at 04:16, 17 December 2008

2008-12-17T04:16:39Z

← Older revision		Revision as of 04:16, 17 December 2008
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	''' News and References '''		''' News and References '''
	* [http://www.motorauthority.com/hummer-is-the-only-gm-brand-for-sale-says-ceo-wagoner.html Hummer is the only GM brand for sale, says CEO Wagoner]		* [http://www.motorauthority.com/hummer-is-the-only-gm-brand-for-sale-says-ceo-wagoner.html Hummer is the only GM brand for sale, says CEO Wagoner]
			* [http://www.autoblog.com/2008/12/15/changfeng-am-general-bidding-on-hummer/ Changfeng, AM General bidding on Hummer]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''

Red marquis at 15:42, 14 November 2008

2008-11-14T15:42:43Z

← Older revision		Revision as of 15:42, 14 November 2008
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	*[[Lamborghini LM002]]		*[[Lamborghini LM002]]

			{{General Motors brands}}
			{{Hummer}}
	==External links==		==External links==
	''' Official Site '''		''' Official Site '''
	* [http://www.amgeneral.com AM General official site]		* [http://www.amgeneral.com AM General official site]
	* [http://www.hummer.com GM's HUMMER homepage]		* [http://www.hummer.com GM's HUMMER homepage]

			''' News and References '''
			* [http://www.motorauthority.com/hummer-is-the-only-gm-brand-for-sale-says-ceo-wagoner.html Hummer is the only GM brand for sale, says CEO Wagoner]

	''' Enthusiast Forums and Sites '''		''' Enthusiast Forums and Sites '''
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	* [http://www.fuh2.com/ FUH2], which catalogs contributed photos of people flipping off hummers.		* [http://www.fuh2.com/ FUH2], which catalogs contributed photos of people flipping off hummers.
	* [http://www.flipoffhummers.com/], a creative and interesting site aimed at flipping the beasts off.		* [http://www.flipoffhummers.com/], a creative and interesting site aimed at flipping the beasts off.

	~~{{General Motors brands}}~~
	~~{{Hummer}}~~

	[[Category:Makes]]		[[Category:Makes]]