tag:blogger.com,1999:blog-7169279.post109891054596853694..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Hummer LightDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-29723256665683132032007-12-05T07:31:00.000-07:002007-12-05T07:31:00.000-07:00By the numbers:4,700 pounds: The weight of an H-31...By the numbers:<BR/>4,700 pounds: The weight of an H-3<BR/>16: Estimated city mileage per gallon<BR/>$75,000-$125,000: Household income of likely buyers<BR/>169: The number of Hummer dealerships nationwide including <A HREF="http://www.booklimo.co.uk/hire_super_stretch_hummer.php" REL="nofollow">Hummer limo</A> companies<BR/>20: The miles per gallon projected EPA fuel economy ratings for the H3<Unknownhttps://www.blogger.com/profile/06213283243007641358noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1102718704404385012004-12-10T15:45:00.000-07:002004-12-10T15:45:00.000-07:00Thanks for putting some economics in there Miles.
...Thanks for putting some economics in there Miles.<br /><br />I'm not sure I would call this an increase/shift in demand though. I think this is a brand new product with its own demand.<br /><br />I think this also alleviates Jasmine's complaint as well - as long as they market it as broadening their product line and not cheapening it.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1099162925449950802004-10-30T13:02:00.000-06:002004-10-30T13:02:00.000-06:00Jasmine brought up a good point that I had not con...Jasmine brought up a good point that I had not considered earlier when reading Janet's post on this same story. Hummer may be making a mistake in making their SUV's more affordable and in reach of the average joe. However; look at Lexus', BMW's and Mercedes'. They all have model that start in the $30,000 range and up from there. Hummer's traditionally have been around $50,000 and up. Maybe Erniehttps://www.blogger.com/profile/01727480926569919212noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1099071964970596642004-10-29T11:46:00.000-06:002004-10-29T11:46:00.000-06:00I think that GM should be careful when they make t...I think that GM should be careful when they make the Hummer more affordable. They are attempting to increase their target market but at the same time they might injure the reputation that they already have. For example, Levi Strauss significantly lowered its reputation when it let Walmart carry their brand. The people who traditionally buy Hummers are looking for something that is expensive Nataliehttps://www.blogger.com/profile/06050860783241112652noreply@blogger.com