DriveMojo.com http://watchmojo.com/cars/blog DriveMojo.com - Covering Cars, Autos, Bikes, Industry News and Rumors - Part of Mojo Supreme Network Mon, 16 Nov 2009 16:53:57 +0000 http://wordpress.org/?v=2.1.3 en GM sells Hummer to a mystery buyer? http://watchmojo.com/cars/blog/index.php/2009/06/02/gm-sells-hummer-to-a-mystery-buyer/ http://watchmojo.com/cars/blog/index.php/2009/06/02/gm-sells-hummer-to-a-mystery-buyer/#comments Tue, 02 Jun 2009 15:24:35 +0000 jackhammer GMhummerLuxuryNewssaleSUVstransaction http://watchmojo.com/cars/blog/index.php/2009/06/02/gm-sells-hummer-to-a-mystery-buyer/ from CNNMoney.com:

NEW YORK (CNNMoney.com) — General Motors Corp. said Tuesday that it has signed a deal to sell its Hummer truck unit, just one day after filing for bankruptcy.

But GM (GMGMQ) would not identify the buyer nor name a price, saying only that the deal would close by the end of September.

GM had revealed in April that it was courting three serious offers for the Hummer brand. The automaker would not confirm Reuters’ report that offers ranged from $100 million to $200 million.

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