A PRIVATELY owned Chinese heavy machinery maker has been named as the mystery buyer of the Hummer brand from the embattled General Motors Corporation.
A PRIVATELY owned Chinese heavy machinery maker has been named as the mystery buyer of the Hummer brand from the embattled General Motors Corporation.
GM said yesterday it had reached a tentative deal to sell its Hummer brand, which went on sale a year ago, to Sichuan Tengzhong Heavy Industrial Machinery Company, part of an effort to drop four unprofitable vehicle lines. - Reuters
Hummer buyer in China
A PRIVATELY owned Chinese heavy machinery maker has been named as the mystery buyer of the Hummer brand from the embattled General Motors Corporation.
A PRIVATELY owned Chinese heavy machinery maker has been named as the mystery buyer of the Hummer brand from the embattled General Motors Corporation.
GM said yesterday it had reached a tentative deal to sell its Hummer brand, which went on sale a year ago, to Sichuan Tengzhong Heavy Industrial Machinery Company, part of an effort to drop four unprofitable vehicle lines. - Reuters