The way we see it, unless some Saudi prince or Texan gas-ilioner decides to drop the price of an oil-barrel under the $100 mark, by the end of the year Hummer might manage to put itself out of its misery. In June, GM’s brand sold a mere 2,072 units, down 59.3 percent compared to June 2007 when it sold 5,093 vehicles. During the first half of the year, Hummer sales declined a whopping 40.4 percent compared to the first six months of 2007 (16,158 vs 27,108 units). Think Hummer will make it till the end of 2008?
Showing posts with label Hummer. Show all posts
Showing posts with label Hummer. Show all posts
Tuesday, July 1, 2008
Hummer Sales Freefall in June: Down Nearly 60%
The way we see it, unless some Saudi prince or Texan gas-ilioner decides to drop the price of an oil-barrel under the $100 mark, by the end of the year Hummer might manage to put itself out of its misery. In June, GM’s brand sold a mere 2,072 units, down 59.3 percent compared to June 2007 when it sold 5,093 vehicles. During the first half of the year, Hummer sales declined a whopping 40.4 percent compared to the first six months of 2007 (16,158 vs 27,108 units). Think Hummer will make it till the end of 2008?Thursday, June 26, 2008
Hummer’s Sales Plunge in 2008
If you’re still wondering why General Motors is considering every available option for its Hummer division including a complete revamp of its lineup, a joint venture, even getting rid of it, then look no further than this chart from Freep with the brand’s 2008 sales. Paraphrasing the Chinese saying, a number is worth 1,000 words… Just for the record, Hummer’s overall sales for the first five months of the year (January through May) were down by 36% compared to the same period in 2007. Via: Freep
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