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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (54726)10/24/2004 2:35:00 PM
From: Snowshoe   of 74559
 
The Hummer Gets Downsized

The Wall Street Journal Online
By Lee Hawkins Jr.

As Sales of Giant SUV Drop, GM Plans a Smaller Version That Is More Fuel Efficient

General Motors Corp.'s Hummer division, best known for the hulking Hummer H2, will roll out a smaller, more fuel-efficient version of the sports-utility vehicle next year in a move to reinvigorate the brand, which has slumped amid rising gas prices.

Hummer's new model, called the H3, gets roughly 17 to 20 miles per gallon, compared with 10 to 12.5 for the H2. The H3 will hit the market next summer.

biz.yahoo.com
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