HUMMER Sets May 1 Target for New Life-Saving Deal

One of the brands that have not survived the economic crisis, Hummer, might have a chance to live on in case an interested party shows up by May 1. This basically means that General Motors is still open to talks and might give a chance to Hummer to survive, but only if the involved parties reach an agreement before the aforementioned deadline.

"We’re going to do everything in our power to bring this home in the next couple of months," Hummer CEO Jim Taylor said in a statement accord… (read more)