GM's Hummer business is first to be sold

The Hummer, symbol of American motoring excess, is to be sold off by ailing General Motors, the company announced today.

GM's Hummer business is first to be sold
Tue, 02 Jun, 2009 - 14:19

The Hummer, symbol of American motoring excess, is to be sold off by ailing General Motors, the company announced today.

The Detroit-based company did not name the proposed buyer or the price, but said the sale will probably save more than 3,000 US jobs in manufacturing, engineering and at various dealerships.

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