Hummer is a brand of trucks and SUVs with its headquarters located in Detroit, United States that was purchased in 1998 by General Motors. The reason to buy Hummer could be said to be mainly a strategic one. Since Hummer was introduced, the vehicle has been subject to much discussion, mainly because it was seen as bigger in size, power and engine than any other.
Even though the brand is very popular among its target group, it is often criticized for its poor fuel economy and safety. However, that’s also where opportunities lie for the company who focuses to produce more fuel-efficient cars in the future. Hummer is however a brand that can be used for many purposes through its size and power. Because of that, the car can be seen used in the rally of Dakar, rough territories, nature or mountain landscape.
Sales statistics Hummer
Although Hummer is an American brand, the car is also sold in Europe. The first time Hummer was sold in Europe was in 2003. The brand seemed to do quite well. However, when the financial crisis hit in 2008, sales plunged and the brand made a continuous loss of sales. In 2013, there were a mere 8 Hummers sold in Europe. By now it is also clear that Hummer has stopped production in Europe, which goes hand in hand with the low amount of sales. In the United States, a similar trend has occurred. Sales rose from 2002 until 2007, but since 2008 sales dropped continuously. Nonetheless, many Hummers are still exported on an annual basis from the U.S. to Europe.
Since 1992, there have been at least 8,757 Hummer vehicles that were exported to Europe.
More than 50% of the cars that were exported from the U.S. to Europe have a history of recall history. A car with a recall status is one that needs to be reviewed by the original manufacturer for improvements or additions to ensure safety and functionality of the vehicle. In case of many U.S. cars, these cars are not returned to the manufacturer for improvements, but rather exported to Europe, where new used car buyers often don’t know about the outstanding recall status. Since 1992, there have been at least 4,575 Hummer cars with such a hidden history.
Mileage inconsistency is another risk factor that should be taken into consideration by used car buyers. Mileage inconsistency refers to cars which have been confirmed to have inconsistent mileage readings, which is mostly an indicator of mileage fraud (rollback) or clerical errors. Buying a car with an inaccurate mileage reading usually leads to overpaying and in some cases to paying for a car that needs many more services and reparations than you would expect. 22 Hummer cars that were exported from the U.S. carry such a history. Know which one you buy with CARFAX.
Another risk factor for used car buyers is flood history. In many states in the United States, there is an actual risk that the car has been flooded due to excessive weather conditions or natural causes. When this happens, the car is immediately affected in functionality and value. Although the car may be repaired, this doesn’t always solve the problem. What happens is that these cars are often exported and sold to Europe where the history stays uncovered. Used car buyers don’t know and many times overpay. Check what you buy with a CARFAX Report.