GM Sells Hummer, Delphi Not Bankrupt - Autoline Daily 155
707 views · Published 2 June 2009 · 6:12 · Indexed 20 September 2026
Channel: Autoline Network · 2009 · Autos & Vehicles
A private equity firm along with a GM unit reached an agreement to finally allow Delphi to emerge from bankruptcy. GM announced a memorandum of understanding to sell Hummer to an undisclosed buyer. Ford is planning on boosting production by 10 percent. All that and more, plus a look at the methane-powered Fiat Grande Punto.