Word: hummers
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Dates: during 2010-2019
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General Motors' efforts to sell Hummer to a little-known Chinese company have fallen apart, the U.S. automaker announced on Wednesday. As a result, GM will begin to dismantle a brand of gas-guzzling SUVs that was synonymous with pre-financial crisis wealth and excess...
...Specific reasons for the failure of the deal, first announced last June, were not released. But Chinese regulators had frowned on the purchase for much the same reasons that U.S. consumers shunned the Hummer: the vehicle's size and poor fuel economy were impractical in an era of high fuel prices, general economic weakness and greater concern about the harmful effects of vehicle emissions on the environment. (See the 50 worst cars of all time...