Biology of Business

Hummer (Brand)

Automotive · Founded 1992 · Defunct 2010

By Alex Denne

Hummer's 2010 discontinuation by GM demonstrates how fuel price spikes can instantly kill vehicle segments. The military-derived SUV that symbolized American excess became unsaleable when gas hit $4/gallon. Like a species evolved for one climate dying when conditions shift, Hummer's massive size and terrible fuel economy became existential liabilities rather than masculine signaling.

Key Facts

1992
Founded