M&M says "mild interest" in Hummer, but no serious talks: WSJ

05/07/2008 18:28. New York, Jul 04, 2008 (Asia Pulse Data Source via COMTEX) -- GM | Quote | Chart | News | PowerRating -- Indian automotive major Mahindra and Mahindra has expressed "mild interest in talking to General Motors" about a potential purchase of Hummer unit, but the two parties have not had any serious talks so far, a media report said here.

"Pawan Goenka, the company's automotive President, in an interview expressed mild interest in talking to General Motors Corp about potentially purchasing the auto maker's slumping Hummer division," a Wall Street Journal report said.

The report, however, quoted Goenka as further saying that the two sides have not had serious discussion and that an acquisition probably "doesn't make any sense for us (M&M)." The report further said Goenka instead plans to... // Trading Markets