GM Reiterates HUMMER has Interested Buyers

Earlier today, Richard Wagoner reiterated his statement from last week that several parties are interested in purchasing the HUMMER brand. “We have some interested buyers, and I can’t tell you anything beyond that right now but we are moving as fast as we can,” Wagoner told reporters in Michigan. Last week Wagoner laid out GM’s plan to raise $15 billion in liquidity which included the sale of assets, and confirmed that HUMMER is the only brand currently on the table.

Source: Reuters