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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

It's Official: Hummer's Going to China

By Derek Thompson
Oct 9 2009, 2:55 PM ET Comment

Six years ago, Hummer was a perfect metaphor for America: Gleefully belligerent muscle passing for greatness. Now, alas, the Chinese own it. Hey, it's still a perfect metaphor for America!



China's Sichuan Tengzhong Heavy Industrial Machinery Co will buy the fleet of armored metaphors for $150 million dollars, which is even less than the already-embarrassing $500 million figure thrown around in June. That still might be overpaying. Hummers cannot be long for world with $4 gasoline. I wish the boys of STHIMC the best.

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