The expected demise of Hummer hammers another nail in the coffin of a once red-hot segment. General Motors Co. is winding down its luxury SUV brand after a failed divestiture to China-based Sichuan Tengzhong Industrial Machinery Co. Ltd. Conventional SUVs began the decade with a 17.2% share of U.S. light-vehicle sales, or close to 3 million deliveries annually. And while more models were available for the ’09 model year than in ’00, their share of the market had sunk to 6.7%. The ...
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