Tag Archives: tengzhong

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 ...

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 ...