Wednesday, June 3, 2009

Hummer in India


General motors has made it public that they are looking at negotiations seriously with Mahindra & Mahindra Ltd. regarding launching the Hummer in India with full fledged availability.

GM had admitted to this in Thailand at the plant opening for production of new cars. There have also been talks of GM selling their Hummer division to the Indian company but that idea seems to be far fetched for the moment. Although there are several automakers in Russia and also China who could be interested in such a deal.

The company has been reporting its worse numbers in their corporate history and is looking to raise capital with the sale of its assets.