China's Hunan Changfeng Motor backed out of any effort to buy GM's Hummer division. For some reason, they saw "limited potential" to market the gas guzzling monstrosity.
MSN claims that Hummer is worth $1.5 billion on the open market, but author Kim Peterson neglects to add that it would only be worth 1.5 bill to companies that want to lose a lot of money.
There's about 95 cents in loose change in my pocket. That's about what I'd pay for the whole Hummer operation.
And I'd probably still lose money.
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