General Motors continues to struggle, considers selling off Hummer to Tata or Mahindra
General Motors has approached Indian companies Tata and Mahindra regarding a possible offloading of the Hummer brand to either of the two companies. GM has seen Hummer sales fall as much as 60.2% in the past year, which is really not surprising at all considering the price of fuel and how much of the black gold it takes to get those giant trucks moving. Mahindra already has its own Indian version of the Hummer called the Mahindra Axe. Two versions are available, a 4.0 liter petrol version using a GM Vortec engine, or a 2.7 liter turbodiesel powered by a Mercedes-Benz derived Ssangyong engine, similiar to the one in the Rexton.
The diesel version can achieve between 8 to 9km per liter of diesel, while the petrol version achieves between 6 to 7km. The fully independent suspension Axe is currently for defense usage, but a civilian version is expected to arrive next year, and will come with an automatic transmission. In the big picture, General Motors continues struggling financially. The company lost US$38.7 billion in 2007, which completely overshadows whatever black or red that we've ever seen in Proton's books.