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Mr.Fiction · 05-17-2004, 05:44 PM

Sales of the flagship Hummer H2 have fallen for eight consecutive months, and 24 percent in the first four months of the year, compared with the same periods a year earlier. G.M. has resorted to rebates and financing deals, which have become standard for every Detroit brand but Hummer. Inventories piled up as Hummers sat unsold 62 days on average in the first quarter, compared with 15 days a year earlier. And G.M. is now using leases, which are less lucrative than sales, to move a quarter of its volume of H2's, according to J. D. Power & Associates.

http://www.nytimes.com/2004/05/17/business/17HUMM.html

05-17-2004, 05:44 PM
Mr.Fiction Confirmed User Join Date: Feb 2002 Location: Free Speech Land Posts: 9,484	Hummer no longer the cool car - dealers can't get rid of them Sales of the flagship Hummer H2 have fallen for eight consecutive months, and 24 percent in the first four months of the year, compared with the same periods a year earlier. G.M. has resorted to rebates and financing deals, which have become standard for every Detroit brand but Hummer. Inventories piled up as Hummers sat unsold 62 days on average in the first quarter, compared with 15 days a year earlier. And G.M. is now using leases, which are less lucrative than sales, to move a quarter of its volume of H2's, according to J. D. Power & Associates. http://www.nytimes.com/2004/05/17/business/17HUMM.html __________________ Don't be lazy, protect free speech: ACLU \| Free Speech Coalition \| EFF \| IMPA