General Motors is studying new offers for its Hummer brand of sport utility vehicles, two days after announcing plans to end the brand, a source familiar with the talks said Friday.
The source offered no details on number or identity of interested parties but said there had been “offers” for the brand of military-style vehicles.
Nick Richard, a spokesman for the GM unit, declined to confirm any new offers but said the Detroit firm would consider any new bids despite having announced a wind-down of Hummer operations.
“Typically, as you saw with the Saab deal, when things like that happen you get calls,” he said referring to the Swedish brand that was sold after GM had announced plans to discontinue operations.
“We’re open to review any offer.”
GM said Wednesday a plan to sell Hummer to a Chinese firm could not be finalized.
The move to sell Hummer to the maker of heavy equipment, Sichuan Tengzhong Heavy Industrial Machines Co., was first announced in June as the Detroit auto giant underwent a massive bankruptcy restructuring with support from the US and Canadian governments.
Although GM did not comment on the reasons for scrapping the deal, Tengzhong said Thursday it withdrew the offer because it was “unable to obtain clearance of the transaction from the Chinese regulators within the proposed deal timeframe.”
