GM to sell Hummer to Chinese
#1
Tribe Shaman
Thread Starter
iTrader: (4)
Join Date: May 2004
Location: Texas
Posts: 3,050
Likes: 0
Received 0 Likes
on
0 Posts
GM to sell Hummer to Chinese
AP source: GM to sell Hummer to Chinese company
06/02/2009 10:44:19 AM
By TOM KRISHER and BREE FOWLER AP Auto Writers
General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand, while also revealing that it has potential buyers for its Saturn and Saab brands.
GM has a tenatative agreement to sell its rugged Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal.
06/02/2009 10:44:19 AM
By TOM KRISHER and BREE FOWLER AP Auto Writers
General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand, while also revealing that it has potential buyers for its Saturn and Saab brands.
GM has a tenatative agreement to sell its rugged Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal.