Mahindra may buy Hummer from GM
Mahindra is an Indian carmaker that first gained attention by building Jeeps for the home market. Now they may be interested in moving on to the next generation of American military vehicles by buying the Hummer brand. This may seem like an odd move during a time when high fuel prices are causing large SUVs to grow stale on dealer lots, but Mahindra may be looking at Hummer for part of a bigger plan.
It’s no secret that General Motors wants to get rid of Hummer, and Mahindra may utilize its name and products to help bring it’s own cars to the U.S. Its rumored that the company is developing a network of around 300 dealerships across the U.S. to sell Mahindra vehicles, with a $125,000 fee being asked from dealerships to become franchisees.
Source: Motor Authority