[singlepic id=2271 w=630 h= float=] If you able recall from my previous post, GM had actually stopped assembling Hummer H3 in mid-2009 as it went through bankruptcy, but it resumed production recently in order to fill an 849 unit special order by Avis Car Rental after their closing down sales. The history of final ever production H3 rolled out of GM’s Shreveport, Louisiana factory on ...
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Hummer closing down sale with 2,200 vehicles left
[singlepic id=1042 w=630 h= float=] General Motors (GM) have officially announced on the same day as they posted a $4.3 billion loss for the second half of 2009. They will be shutting down the Hummer SUV brand and big discounts to move the remaining 2,200 vehicles since the chinese is not buying over it. Buyers from USA can get $6,000 rebates ...
Read More »Tengzhong expects the deal for Hummer to close in Q3
Recently reported from the Reuters news, the China’s Tengzhong will maintain Hummer’s auto dealership network if it succeeds in purchasing the U.S. brand, amid growing sentiment that it may complete the controversial deal. According to Tengzhong spokesperson statement, there will be no change in Hummer’s existing global sales network and the quality of its after sales services after the completion of ...
Read More »China government unlikely to approve Hummer deal?
China’s government, which is focused on cutting down the breadth of its auto industry by focusing on fuel efficient vehicles, is apparently unlikely to approve the sale of General Motors’ Hummer unit to Sichuan Tengzhong Heavy Industrial Machinery, according to reports out of the Asian nation. In other words, we are too optimistic to draw conclusions about whether or not China will ...
Read More »GM unloads Hummer to China’s industrial company Sichuan Tengzhong
General Motors Corp. has struck a deal to sell its Hummer truck unit to a Chinese industrial business. A privately owned Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., based in China, will acquire the truck brand, which has been part of GM since 1999. Tengzhong said it plans to keep Hummer’s management team. “We plan to … allow Humer to ...
Read More »GM to announce tentative sale of Hummer tomorrow
According to a report by the Wall Street Journal, GM plans to announce a tentative sale of the Hummer brand less than a day after filing for Chapter 11 bankruptcy protection. Although GM won’t release the name of Hummer’s possible future owner, the sources say that a deal could be struck by the end of the third quarter and the ...
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