Speculation surrounds Hummer brand
Speculation surrounds Hummer brand : Ever since General Motors announced that it was considering selling the iconic Hummer brand, speculation has surrounded who might buy it. The latest name to emerge on the list of prospective suitors is Russian Machines, the engineering firm which makes trains, planes and some automobile parts. Owned by one of Russia's richest men, Oleg Deripaska, Russian Machines was reported to be in talks with GM about buying Hummer. But it issued a swift denial, saying it was "not strategically interested in such a deal". Previously, reports had suggested Indian carmaker Mahindra & Mahindra was involved in "exploratory talks" with GM about buying Hummer. Observers suggested this would have been a good fit, as Mahindra already makes trucks and sports utility vehicles and is the main rival to Tata Motors, which recently bought Land Rover from Ford. But GM would only say it was discussing the sale of the brand with "a number of poten...