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?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?
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