Jun 7th, 2009 - Houston Chronicle
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WASHINGTON - With last week's announcement that General Motors will sell its Hummer brand to a Chinese heavy-equipment manufacturer, a symbol of fading American excess migrates to a nation eager to pick up the mantle.
China's Sichuan Tengzhong Heavy Industrial Machinery Co. has agreed to buy the brand from GM, the two companies said Tuesday, for less than $500 million, well off its peak value of a decade ago.
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Chinese Army Hummer Puzzles
Jun 5th, 2009 - Reuters
By matthew.debord - The Big Money The Wall Street Journal is reporting the following about GM's sort-of sale of Hummer to the Chinese: â??While many believe the deal will have difficulty garnering regulatory approval in China...
GM's Hummer Sale May Fail on China Regulatory Hurdles
Jun 4th, 2009 - Bloomberg
June 5 (Bloomberg) -- General Motors Corp., the largest U.S.carmaker in bankruptcy, may have its agreement to sell theunprofitable Hummer sport-utility vehicle brand blocked byChinese regulators, threatening 3,000 U.S...
Chinese company to buy Hummer
Jun 3rd, 2009 - bizjournals
General Motors Corp. confirmed late Tuesday that Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd of China is the potential buyer for the Hummer brand. When GM, which filed for bankruptcy protection Monday...
Chinese firm lined up to buy Hummer
Jun 3rd, 2009 - Freep
NEW YORK -- General Motors has lined up a Chinese manufacturing company as the buyer for Hummer, in what could be the first entry into the U.S. auto market by a Chinese company.
Source: Chinese firm to buy Hummer
Jun 2nd, 2009 - MSNBC
NEW YORK - General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands.
Related videos from YouTube:
1:54GM to Sell Hummer to Chinese Company
General Motors took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands.(June 2)
2:58Michael Savage - Chinese Company to Buy Hummer
General Motors has reached a preliminary agreement for the sale of its Hummer brand of large sport utility vehicles and pickup trucks to a machinery company in western China with ambitions to become a carmaker. www.nytimes.com
3:14Schwarzenegger on Hummer Sale to Chinese
California Governor Arnold Schwarzenegger took the opportunity yesterday during a Volkswagen fuel cell press introduction to talk about General Motors' recent sale of its Hummer brand to a Chinese company. Get the entire story at TheAutoChannel.com.
1:15GM consider Hummer sale -- to Chinese or Russians
American car giant General Motors is mulling over the future of its Hummer off-road vehicle, including the possibility it could be sold to a Russian or Chinese company.
