Oct 9 2009
GM close to offloading Hummer for as little as $150 million
Not so many years ago, Hummer appeared to be one of General Motors’ most potentially lucrative brands. Now, the fallen brand looks poised to fall into the hands of the Chinese very soon. Bloomberg is reporting that a deal to sell Hummer could be finalized in the coming days as Sichuan Tengzhong Heavy Industrial Machinery Co. hammers out a purchase price.
Q Full article, Source: AutoBlog
