Tuesday, September 30, 2008

Middle East Interested in Hummer?

hummers three

Can General Motors actually dump its Hummer behemoth to someone, anyone? So far those who appeared to show interest have since backed away from the idea.

Except now.





Well it appears that so-called “interest” in the area of the Persian Gulf have their eyes on Hummer after all. Apparently, there are a couple of investors querying GM about the brand.

The Middle East could be a perfect fit for Hummer. Gas prices are very low -- heck they own the stuff. And Hummer still has a reputation as a status symbol there.

People who think that a Middle East company will ultimately buy Hummer also point to the fact that Mubadala Development Company in Abu Dhabi bought 5 percent of Ferrari in 2005 and Investment Dar of Kuwait bought half of Aston Martin last year.

Our take? Question is: If a Middle East company doesn’t buy Hummer, then who will?


via Clusterstock

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