Hummer sale to chinese company falls through.
#1
Hummer sale to chinese company falls through.
Announced a short while ago...
General Motors announced a few hours ago that the planned sale of the Hummer brand and its assets to Chinese corporation Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. Cannot be completed and GM will begin the “orderly wind-down of the HUMMER operations.” Allegedly the sale to Tengzhong was frowned upon by the Chinese government, who is already trying to cut down on the high number of automakers in the country.
Click here for the rest of the story...
General Motors announced a few hours ago that the planned sale of the Hummer brand and its assets to Chinese corporation Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. Cannot be completed and GM will begin the “orderly wind-down of the HUMMER operations.” Allegedly the sale to Tengzhong was frowned upon by the Chinese government, who is already trying to cut down on the high number of automakers in the country.
Click here for the rest of the story...
Thread
Thread Starter
Forum
Replies
Last Post
Don Janovyak
PRIVATE For Sale / Trade Classifieds
2
07-24-2015 08:01 AM
HIROLA
PRIVATE For Sale / Trade Classifieds
2
10-01-2009 08:11 AM