As the Hummer (buyers) Turns

Ok, so the rumor mill continues to burn the midnight oil in terms of Hummer and its manifest destiny. I will admit, every time there’s a new report or whispers I become entangled in the gas-guzzling web! Well, here’s another development (kind of).

After Mahindra & Mahindra went public and said that they have no desire to purchase the fledgling brand from General Motors, the Middle East chief for Hummer (they actually have a title for that?) noted in an interview that there are two investors from the Gulf Arab region who have expressed interest in the company. GM has all but said that they are just waiting to get into talks and that all of the sales documents are ready to be signed and ship the “H” out.

Will it end up there? I doubt it. Rumors are rumors, and until there are more reports that materialize, there’s no real reason to believe anything is going to happen for a while. Meanwhile, GM continues to hold the humongous SUV bag while it searches for another suitor.

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As the Hummer (buyers) Turns

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