Monday, September 25, 2017

Hummer H2

"The Hummer H2 is arguably the car most responsible for causing General Motors’ most recent bankruptcy and subsequent government bailout. For some reason, GM executives believed what the American car market needed most was a $65,000 four-seater SUV with a fuel efficiency of a wallet-draining ten miles per gallon. As gas prices soared in the mid-2000s, people quit buying the gas guzzling Hummer H2s and its bigger brother the Hummer, and GM stock values plummeted."


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