Tags: hummer | suv | electric | truck

GM to Revive Hummer Name with Electric Line

Hummer
(Dreamstime)

Friday, 10 January 2020 05:07 PM

General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star Lebron James, two people briefed on the matter said on Friday.

The vehicles will be sold under the GMC nameplate. Reuters reported in October that GM planned to build a new family of premium electric pickup trucks at its Detroit-Hamtramck plant beginning in late 2021 and was considering reviving the Hummer name, citing several people familiar with the plans.

The Wall Street Journal reported GM's decision to move forward earlier on Friday. GM declined to comment.

The electric truck and SUV program is the centerpiece of a planned $3 billion investment in the Detroit-Hamtramck plant to make electric trucks and vans, and part of a broader $7.7 billion investment in GM’s U.S. plants over the next four years that was part of a new contract signed with the United Auto Workers union last year.

The investment moves the automaker into a part of the EV market that is largely untested and where GM has a higher likelihood of turning a profit, analysts said.

Reuters reported GM plans to first build EV pickups in late 2021 and then an electric SUV in 2023.

Tesla CEO Elon Musk in November unveiled an electric pickup called "Cybertruck" it plans to build starting in late 2021.

Hummers were rugged civilian utility vehicles with low gas mileage that were inspired by military vehicles and were popular with such celebrities as actor Arnold Schwarzenegger. GM shut down its Hummer brand after a deal to sell the SUV-line to an obscure Chinese machinery maker was blocked by Chinese regulators in 2010,

Electric pickups and SUVs - the heart of the U.S. market - could help Ford Motor Co and GM generate the significant sales of EVs they will need to meet tougher emission standards and electric vehicle mandates in California and other states.

The Trump administration is moving to roll back those standards – and eliminate extra credits that automakers receive from EV sales but the electric trucks are a hedge if California prevails. 

© 2020 Thomson/Reuters. All rights reserved.

   
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General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star Lebron James, two people briefed on the matter said on Friday. The vehicles will be sold...
hummer, suv, electric, truck
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2020-07-10
Friday, 10 January 2020 05:07 PM
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