GM talking with 2 out of 3 Hummer bidders

Posted on Tuesday, 12 May 2009 , 13:05:30 byEmil

Filed under gmhummerbiddetroitGMHummer

GM talking with 2 out of 3 Hummer bidders

Fritz Henderson - General Motors CEO says that the carmaker received severe bids from 3 outside firms for its Hummer model, but that it's talking with 2 potential suitors. The carmaker from Detroit wanted to sell the Hummer unit since last year and it affirms that this delayed sale here could be wrapped up this month.

GM, due to agreements of confidentiality, would not be naming either of those bidders - plus, sincerely, there have been some rumors of the carmaker as to only who is truly interested in owning the Hummer brand name.

GM delayed Hummer's sale announcement a few times, leading to many rumors that here hasn't been legitimate interest involving this brand.