Dec 29 2009
Truth to be said, no one knows what the future beholds for Hummer now that GM sold the brand to a little-known Chinese company called Sichuan Tengzhong Heavy Industrial Machinery Co. But that hasn’t deterred independent designers like Andrus Ciprian from envisioning future products for Hummer.
Full article, Source: Carscoop
Nov 18 2009
As a brand, Hummer has been in limbo since General Motors announced it was selling the downtrodden marque to China’s Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. Speculation remains that the sale could be completed on or around December 1, pending approval from GM and the Chinese government. For now, everything is on hold, though Tengzhong and new Hummer CEO Jim Taylor are apparently still working hard to plan Hummer’s future.
Q Full article, Source: AutoBlog
Oct 10 2009
General Motors has reached an agreement to offload Hummer onto China’s Sichuan Tengzhong Heavy Industrial Machinery, with Tengzhong taking an 80 percent stake and a private investor consuming the rest.
Details on the deal (available in the press release after the jump) include Hummer contacting vehicle manufacturing from GM, with the General’s Shrevport and Mishawaka plants continuing to produce vehicles through June of 2011, with a possible extension until 2012.
Q Full article, Source: AutoBlog
