Hummer sold to China
 

http://news.yahoo.com/s/ap/20091009/...us_hummer_sale

GM sold the majority of Hummer to a China based heavy equipment company.

Maybe the "H1" will finally drop back to a reasonable price. GM jacked the prices like $30g's when they bought Hummer back when. Maybe China wants to drive them on our soil when they take over?

Disclaimer: I'm going off memory on this post, so if I'm wrong cut me some slack.

Anyways, from what i understand the H1 isn't a factor in this deal. I remember reading that AM General has the rights to the design and that GM was essentially the distributor for them on that particular model. There was some technology sharing once the H1 came under the GM umbrella, but it was still an AM General vehicle. The H2 and H3 variants however are included in the deal, even though IIRC AM General build/built the H2 for GM.

As for the actual sale, I'm torn. I know GM declared the brand dead weight/didn't fit the new corporate "image" and had to off-load it, but the idea of a foreign company owning Hummer feels wrong. It's better than getting nothing at all and eating the cost of shutting the division down, but at the same time I think I would have preferred for GM to just shut it down. Damned if you do, damned if you don't.

Kia makes all of our older military rides with just slightly different bodies. Deuces, 5 tons, 10 tons, etc, all available from Kia. My '68 M715 is still in production by Kia.

gm jacked up the price 30 grand because they made it better. and it came with a new 6.6 duramax.

just like quads used to cost 5 grand now they are up to 8, because they have fuel injection, lighter parts and racing suspension

just like the corvette Z06 and M3 went up 20+ grand. lighter parts, new engines. better designs.


i can see china making the H2 though, that thing looks plastic and cheap.

actually the E46 M3 and the E92 M3 cost about the same brand new

Didn't Studebaker make dueces in the 50's? M35's, right?