Back in June 2006, on the very first day of redbankgreen‘s humble existence, we couldn’t resist taking a dig at the prevalence of Hummers on the streets of the borough that gives this hyperlocal news site its name.
Well, that was before the recession hit. And today comes word that the whole Hummer line is now facing extinction.
From the Los Angeles Times:
General Motors Co. said Wednesday that it was unable to complete a deal to sell its Hummer line to Sichuan Tengzhong Heavy Industrial Machinery Co., a Chinese industrial company.
Now Hummer is expected to follow GM’s Saturn and Pontiac nameplates into oblivion. GM shed those brands as part of its bankruptcy restructuring last year so that it could focus on its more successful Chevrolet, Buick, GMC and Cadillac brands.
What do you think folks? Should we shed a tear? Or has the Hummer gotten an unfair rap?