2007 Hummer H3 X Sport Utility 4-door 3.7l on 2040-cars

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GM raises 2023 guidance on strong sales, higher profits

General Motors beat first-quarter profit estimates and raised its full-year earnings and cash-flow guidance after vehicle demand at the start of the year surpassed expectations. Its shares rose in premarket trading. GM made $2.21 a share in adjusted profit in the first quarter, compared to a consensus forecast of $1.72 a share. Revenue rose 11% to $39.99 billion, it said Tuesday, which was more than the $39.24 billion analysts expected. The stronger results stem from rising sales in the US, even in the face of higher interest rates and inflation. GM executives said demand was strong enough to revise 2023 guidance upward, boosting profit estimates for the year by $500 million to between $11 billion and $13 billion. “We did it with strong production and inventory discipline and consistent pricing,” GM Chief Financial Officer Paul Jacobson said on a call with journalists. “All in all, weÂ’re feeling confident about 2023.” The Detroit automaker raised per-share full-year guidance to between $6.35 and $7.35, up from $6 to $7 a share, and said free cash flow would also increase by $500 million to a range of $5.5 billion to $7.5 billion.  GMÂ’s shares pared a gain of as much as 4.4% before the start of regular trading Tuesday, rising 3.5% to $35.50 as of 6:55 a.m. in New York. The stock was up 1.9% for the year as of the close on Monday.  North American Strength The automakerÂ’s sales were particularly strong in North America, where first-quarter earnings rose before interest and taxes rose to $3.6 billion. Vehicle sales rose 18% to 707,000 in the region. Jacobson said the company originally expected to sell 15 million vehicles in the US this year, slightly less than the 15.5 million annualized rate automakers foresaw in the first quarter. North American demand was enough to offset a weak performance in China, GMÂ’s second-largest market. The automaker continues to struggle in the country, where its vehicle sales fell 25% to 462,000 vehicles in the quarter. Profits from its joint ventures in the market slumped 65% to $83 million.  The market has struggled overall in the wake of Covid-19 restrictions and foreign automakers have had to overcome a growing preference for Chinese brands by competing on price, squeezing profit margins. The situation in China probably wonÂ’t significantly improve until the second half of the year, according to Jacobson. GM remains on target to sell 150,000 electric vehicles this year, the CFO said.

Robby Gordon withdraws from 2016 Dakar after stupid accident

Accidents are bound to happen in motorsports, and for that very reason, modern racing vehicles are built to a very high standard of safety. Unfortunately, the accident that caused Robby Gordon to withdraw from the 2016 Dakar Rally involved a road-going Hummer H2 driven by members of the American racing driver's support staff – a vehicle without racing harnesses or roll cages. As the video above shows, this is one accident that was completely avoidable. According to news reports flowing out of Argentina, Gordon had already finished the 13th and final stage of Dakar and was driving his HST Gordini competition truck on a highway headed to the podium where all the back-patting, trophy presentations, and champagne sprays typically happen. Along the way, someone from Gordon's crew decides to pass some bottles and paper bags, window-to-window, from a support vehicle to Gordon's race machine. At about 80 miles per hour. Does that sound like a bad idea to anyone else? And a bad idea it ultimately was. Gordon swerved one too many times to get closer to his support car, coming into contact with it and causing what looks to be a pretty bad accident. Making matters worse, a member of Gordon's team was hanging halfway out of an open window with bottles in hand at the time of the accident. Reports indicate there were two injuries. Thankfully, everyone will apparently recover. It's not clear where exactly Gordon would have finished had he not withdrawn. It is clear, however, that this was a stupid maneuver that never should have happened. For those keeping track, this latest incident isn't the first time Robby Gordon has been involved in an off-road rally accident, having injured a spectator in the 2015 Baja 500. According to Autoblog.com.ar (no relation), Gordon's Dakar accident is under investigation. News Source: Autoblog.com.ar, YouTube Motorsports Hummer Safety Racing Vehicles Videos Dakar Rally robby gordon

SEMA 2010: Zero South Biodiesel Electric Hummer shows its guts

Zero South Biodiesel Electric Hummer - Click above for high-res image gallery
Zero South, a company that popped up at SEMA in 2008, is back again with its Biodiesel Electric Hummer. The heavily modified H1 rides on tracks at all four corners - a necessary modification, since this Hummer is designed for an expedition to the South Pole.
The trip is going to be documented by Chris Paine, who's best known for the film Who Killed the Electric Car? It was reported back in 2008 that the vehicle was going to be driven by Buzz Aldrin and Apple co-founder Steve Wozniak. The film is called Drive Around the World and was shot in 3D. Drive Around the World is also the name of an organization that works to inspire an urge to explore while raising money for various charities. The H1 shown above is Zero South's vehicle for participating in these expeditions.