GM Close to Decision on Hummer
By Michelle Krebs March 31, 2009
By Michelle Krebs
DETROIT -- General Motors' newly appointed CEO Fritz Henderson said a decision on the future of Hummer is close.
Henderson said as his first press conference as CEO Tuesday that he had originally set a March 31 deadline to decide whether to sell or eliminate the Hummer brand. However, he said GM remains in talks with "several interested parties -- not just one" on the possible purchase of Hummer.
"We don't have a decision today but within weeks or days -- not months -- we'll be making a judgment on a sale or not," Henderson said.
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