Cars
As of today, General Motors has officially declared that Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. (try saying that ten times fast, I'll wait) won't be buying the Hummer brand after all. If you don't recall, Tengzhong is the Chinese company that thought it could make the Hummer business work in today's world.
- A Chinese Man Builds An Eco-friendly Hummer From Scratch For $630
Chinese regulators may have had little affection for the Hummer brand when they shunned the deal between General Motors and Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. in early 2010, but there's at least one man in the world's most...
- Gm Seals Deal To Sell Hummer To China's Sichuan Tengzhong
General Motors officially announced today that it has entered into a definitive agreement to sell its Hummer unit to China's Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd. The sale comes only four months after GM announced that it entered...
- Custom Built Hummer H1 Is One Freaky Creation
My eyes, oh my poor eyes... Can't remember for sure if we have seen any custom made vehicle worse than this heavily modified Hummer H1 that's up for grabs on eBay, but it certainly makes the top list. And wait until you see the interior with the...
- Smart Distributor Reported To Have Won Bid For Gm's Saturn Brand
The Penske Automotive Group, a car retailer that operates mostly in the U.S. and the UK and has the distributing rights for Daimler's Smart cars in the States, is the winning bidder for GM's Saturn unit, Bloomberg reported Friday morning. Citing...
- Gm Finds A Buyer For Hummer, Deal Could Save 3,000 Jobs
Fresh from filing for bankruptcy protection on Monday, General Motors announced on Tuesday morning that it has signed a memorandum of understanding (MoU) with a buyer for its Hummer division. Although GM did not disclose the name of the buyer nor the...
Cars
Wind it Down: Say Good-bye to Hummer as Chinese Deal goes from... Sweet to Sour
As of today, General Motors has officially declared that Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. (try saying that ten times fast, I'll wait) won't be buying the Hummer brand after all. If you don't recall, Tengzhong is the Chinese company that thought it could make the Hummer business work in today's world.
There are many rumors to as why China officials would not support the transaction including Beijing's political agendas and environmental concerns (wait, Hummer's aren't efficient and green?), but fact is, the proposed deal is dead.
- A Chinese Man Builds An Eco-friendly Hummer From Scratch For $630
Chinese regulators may have had little affection for the Hummer brand when they shunned the deal between General Motors and Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. in early 2010, but there's at least one man in the world's most...
- Gm Seals Deal To Sell Hummer To China's Sichuan Tengzhong
General Motors officially announced today that it has entered into a definitive agreement to sell its Hummer unit to China's Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd. The sale comes only four months after GM announced that it entered...
- Custom Built Hummer H1 Is One Freaky Creation
My eyes, oh my poor eyes... Can't remember for sure if we have seen any custom made vehicle worse than this heavily modified Hummer H1 that's up for grabs on eBay, but it certainly makes the top list. And wait until you see the interior with the...
- Smart Distributor Reported To Have Won Bid For Gm's Saturn Brand
The Penske Automotive Group, a car retailer that operates mostly in the U.S. and the UK and has the distributing rights for Daimler's Smart cars in the States, is the winning bidder for GM's Saturn unit, Bloomberg reported Friday morning. Citing...
- Gm Finds A Buyer For Hummer, Deal Could Save 3,000 Jobs
Fresh from filing for bankruptcy protection on Monday, General Motors announced on Tuesday morning that it has signed a memorandum of understanding (MoU) with a buyer for its Hummer division. Although GM did not disclose the name of the buyer nor the...