GM considers ditching the Hummer

Joe Raedle/Getty Images For years, General Motors racked up huge profits on monster SUVs, watching disdainfully as other automakers focused on smaller vehicles and hybrid cars. Well, they ain’t laughing at the Renaissance Center anymore. GM today announced the closure of four truck plants, and CEO Rick Wagoner told reporters the Hummer might have to ...

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594784_080603_hummer2.jpg
MIAMI BEACH- FEBRUARY 27: Chinya Onyewemjo puts $30 worth of fuel into her Hummer February 27, 2008 in Miami Beach, Florida. Gas closed yesterday at $100.88 a barrel on the New York Mercantile Exchange with the cost of regular gas at the Texaco in Miami Beach at $3.49 a gallon. (Photo by Joe Raedle/Getty Images)

Joe Raedle/Getty Images

For years, General Motors racked up huge profits on monster SUVs, watching disdainfully as other automakers focused on smaller vehicles and hybrid cars. Well, they ain't laughing at the Renaissance Center anymore. GM today announced the closure of four truck plants, and CEO Rick Wagoner told reporters the Hummer might have to go, too:

Joe Raedle/Getty Images

For years, General Motors racked up huge profits on monster SUVs, watching disdainfully as other automakers focused on smaller vehicles and hybrid cars. Well, they ain’t laughing at the Renaissance Center anymore. GM today announced the closure of four truck plants, and CEO Rick Wagoner told reporters the Hummer might have to go, too:

[W]e’re considering all options from a complete revamp to a partial or complete sale of the brand,” Wagoner said.

But what company would want to associate itself with the Hummer brand now?

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