SPDBRNR – Eyes Wide Open
Sports, Politics, Financial Markets, Silver & More

Hummer Dies…

Symbolic of the American consumer society as a whole, Hummer has died.  A deal to sell the line to a Chinese construction firm fell through late in negotiations (read here). To get an idea of how fast Hummer sales plummetted in the last few years, consider these numbers:  In July 2007 Hummer sold 4,500 of their monster SUVs.  By July 08 that dropped to 2,072.  By March 09 sales fell to 831.  Overall annual sales fell 90% from 54,052 in 2006 to 5,487 in 2009 (Wikipedia).  Wow!!!!

 2009 Hummer H2

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