AM General to halt Hummer H2 Production and Layoff 200 Workers
The company that builds the Hummer H2 for GM announced Monday that it would be laying off 200 employees and temporarily and halting production of the Hummer H2. A spokesperson from AM General said that production might not start up again until March at the earliest.
Hummer sales have fallen through the floor as the brand has experienced possibly the worst sales decline of all the automakers. Hummer sales first began to slip as a result of high gas prices and continued to dive because of the economic crisis. Only 374 units were sold in December of last year and a used Hummer H2 can now be found for less than $15,000 on autotrader.com.
Until AM General gets the word from GM to resume production at the Mishawaka, Indiana plant, it will begin shifting some of its workers to a neighboring plant that builds the military-spec Humvee. So far fifty employees have taken positions at the other plant building the off-roader for U.S. and foreign military outfits.
Source: Fox News