Question:

Why won't rich OPEC Arabs fattened on ridiculous, unrelated-to costs high-priced crudes, invest in GM Hummers?

by  |  earlier

0 LIKES UnLike

ARAB FUNDS RULE OUT BID FOR GM'S HUMMER

Three of the largest Persian Gulf Arab investment funds say they have no plans to buy Hummer, the U.S. maker of gas guzzling all-terrain trucks that GM plans to sell.

 Tags:

   Report

3 ANSWERS


  1. Most GM dealers in North America  have pulled their hummers from their lots as they are not in big demand anymore, for obvious reasons.


  2. Because in their eyes, GM is chopped steak at Luby's. They would rather invest in the filet mignons of the car world, like Maserati or Rolls Royce or some other gaudy display of wealth.

  3. Cos they don't need to.

    Iwould have thought GM had enough on their hands keeping up with the US Army contract.

    Seeing as how they are getting blown up at a remarkable rate.

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.