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Hummer Sales Freefall in June: Down Nearly 60%
The way we see it, unless some Saudi prince or Texan gas-ilioner decides to drop the price of an oil-barrel under the $100 mark, by the end of the year Hummer might manage to put itself out of its misery. In June, GM’s brand sold a mere 2,072 units, down 59.3 percent compared to June 2007 when it sold 5,093 vehicles. During the first half of the year, Hummer sales declined a whopping 40.4 percent compared to the first six months of 2007 (16,158 vs 27,108 units). Think Hummer will make it till the end of 2008?
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The way we see it, unless some Saudi prince or Texan gas-ilioner decides to drop the price of an oil-barrel under the $100 mark, by the end of the year Hummer might manage to put itself out of its misery. In June, GM’s brand sold a mere 2,072 units, down 59.3 percent compared to June 2007 when it sold 5,093 vehicles. During the first half of the year, Hummer sales declined a whopping 40.4 percent compared to the first six months of 2007 (16,158 vs 27,108 units). Think Hummer will make it till the end of 2008?
