India’s Mahindra says no interest in GM’s Hummer

India’s Mahindra says no interest in GM’s Hummer

Mumbai: Mahindra & Mahindra Ltd said that it was not interested in General Motors Corp’s Hummer brand, which has been put up for sale by the cash-hungry US automaker.

“The company maintains its earlier stand that it is not interested in the Hummer brand," a Mahindra spokeswoman said.

A source told Reuters on Friday that GM would send out a sales prospectus for Hummer to possible bidders in the next few days and Indian automakers Tata Motors Ltd and Mahindra & Mahindra were among those who would take a look at the asset.

“Tata Motors does not comment on mergers, acquisitions and matters like these," a spokesman for Tata said.

Mahindra, which plans to enter the US market with its sport utility vehicles next year, had also denied interest in Hummer earlier in the year.