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Friday, December 17, 2010

H2sut

The H2sut was built under contract by AM General at a specially constructed plant in Mishawaka, Indiana, USA. GM’s GMT820 truck shares platforms with the Chevrolet Tahoe and GMC Yukon, but those vehicles differ in many ways and are constructed in three other GM plants. The H2′s final frame assembly is made up of 3 sections: The front uses a modified GM 2500-Series utility frame, the mid-section is all new and is completely boxed, and the rear section uses a modified GM 1500-Series frame which is upgraded for the 8,600 pounds (3,900 kg) gross vehicle weight.
The H2sut was nominated for the North American Truck of the Year award for 2003.
Unlike the other full-size GM trucks and SUVs, the H2 remained on the GMT800 platform after 2007, but was given an interior facelift similar to the likes of the new-for-2007 GMT900 SUVs.
Hummer launched a special 2009 Black Chrome Limited Edition version of the truck.
H2sut production at the Mishawaka plant was suspended in January 2009.
In January 2009, a study by ISO Quality Planning revealed the H2 and H3 Hummers to be the most ticketed vehicles in the United States.
Under the United States income tax code, the cost of vehicles over 6,000 pounds (2,700 kg) can be deducted from specific forms of income. This deduction was enacted decades ago to assist self-employed people in purchasing a vehicle for business use. The weight minimum was intended to limit the deduction to commercial-type trucks. For many years, the deduction remained below the average cost of a new vehicle, since large trucks were relatively inexpensive. Since it is a reduction in taxable income, the actual value of this deduction averages 30% of the price of the vehicle in question.
The increasing popularity of these commercial vehicles in the last decade, however, pushed their average price to nearly double the average passenger car cost. In response, the 2002 Tax Act increased this “Section 179 depreciation deduction” to US$75,000, and it rose again to US$102,000 for the 2004 tax year. This is more than three times the current average cost of a passenger car in the United States and covers a large number of luxury models, including the Hummer H2. In late 2006, the deduction was again reduced to US$25,000 for vehicles with GVWR ratings between 6,000 lb (2,700 kg) and 14,000 lb (6,400 kg).
This deduction has received criticism as favoring large vehicles over the more energy efficient zero polluting electric vehicles, which received a maximum deduction of $4,000, $1,000 in 2007, and $0 in 2008.[citation needed](Although this was for anybody, not just commercial deductions like Section 179.)
Base price MSRP in 2008 for the H2 is $53,286. While the vehicle initially had high resale value, price depreciation has increased rapidly over the past few years and the H2 commonly sells for less than 40% of original price after just two-to-three years according to Newsweek.

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