In a move that should make American motorists go “Hmmmmm,†Reuters reported in late August 2008 that two separate investors from the Gulf Arab region are showing interest in buying the Hummer brand from General Motors.
The Hummer has become a lightning rod for attention since people started taking global warming seriously, and in light of record-high gas prices.
People Actually Want Hummers
So why not sell it to someone from an area that controls oil production and gas prices?
If a sale goes through, the more Hummers sold, the more gas guzzled.
The term crossover is being loosely applied to a variety of vehicles, a new marketing tool for car sellers. Consider it the corduroy shorts of the
“A rude awakening at U.S. gas pumps is leading owners of large cars to another rude awakening as they try to sell their carsâ€, UPI reported July 2.
“The SUV craze was a bubble and now it is bursting,” automotive economist George Hoffer told The Boston Globe recently. “It’s an irrational vehicle. It’ll never come back.”