Hummer, the epitome of all that’s wasteful in our society, is winding down
Wednesday, February 24th, 2010
Turns out the Chinese couldn’t get it together, as attempts by Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. to acquire GM’s Hummer division have fallen through. GM, in response, announced today it will begin the orderly wind-down of Hummer. Sure, some Saudi prince could decide to step in and buy the operation at the last minute as his own play thing, but I doubt it. GM didn’t say why the deal couldn’t be complete, but who cares: one of the world’s most wasteful and pointless machines is at the end of its road. Sorry Arnie.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
