General Motors to Sell Hummer !

britexpat
By britexpat

As per Reuters - General Motors announces preliminary agreement to sell Hummer, identity of purchaser not disclosed.

I wonder if there could be a Middle Eastern buyer in this ?

By Ambat• 3 Jun 2009 15:16
Ambat

HUMMER anymore!

By britexpat• 3 Jun 2009 15:14
Rating: 4/5
britexpat

The statement from the company said that they will invest in R&D and ALSO more fuel efficient engines. So a 1600 cc Hummer may be on the way :)

By Ambat• 3 Jun 2009 13:31
Rating: 3/5
Ambat

manufacturing is still not in China.Maybe they will outsource the non critical plastic components or something if they are not already doing it.China still has some way to go before they can manufacture world class cars but looks like they are trying hard to catch up.Remember everyone laughed at the Japs in the 60's and the Korean's more recently.

By anonymous• 3 Jun 2009 12:14
anonymous

Ambat ...personally I dont have a problem...

Infact the service and parts would become cheaper.

By Ambat• 3 Jun 2009 11:50
Ambat

only owned by a Chinese company.And what's the problem with that?

The reason the US economy took so long to nosedive was becaue the Chinese had been propping up the US economy for so long buying US bonds so the Americans could spend as if theee was no tommorrow.Guess the poor Chnese have a surplus of toilet paper now!

By anonymous• 3 Jun 2009 11:31
anonymous

Sichuan Tengzhong Bummmer!!

.....how does one pronounce that?

By mzain• 3 Jun 2009 11:24
mzain

......hmmmm means now we will see Humvees in Chinese military too :o)........

By arecel• 3 Jun 2009 11:15
arecel

hummer made in china? :-(

usapa na...

By galloper48• 3 Jun 2009 11:11
galloper48

Sichuan Tengzhong Heavy Industrial Machinery

By Passion• 3 Jun 2009 10:57
Passion

we are doomed!!....

~ LiFe is Unfair.. but it's still GooD ~

By Bahraini83• 3 Jun 2009 10:43
Bahraini83

My deepest condolences to those who loved the Hummer and bought it to show off .. its Chinese now :P

By britexpat• 3 Jun 2009 01:33
britexpat

GM is apparently selling to the Chinese.

China's Sichuan Tengzhong Heavy Industrial Machinery Co. said that it has reached an agreement to acquire the brand from GM for an undisclosed ammount.

By anonymous• 2 Jun 2009 18:13
Rating: 5/5
anonymous

For a number of years the Hummer was one of GM's strongest brands. Now it is its worst -- in fact it is currently the worst-performing car brand in the US auto industry, with sales down 30% over the last year.

While announcing the possible sale, Wagoner did not specify who would be foolish enough to buy the troubled brand.

By arecel• 2 Jun 2009 14:14
arecel

oh, and i read somewhere that they will stop manufacturing the hummer? oh well..

usapa na...

By Rizks• 2 Jun 2009 14:03
Rizks

lol happygolucky

brite u r being Warned not to make us fools by coming up with like this kind of titles....:)

By happygolucky• 2 Jun 2009 13:59
happygolucky

lol Rizks... I thought the same so rushed into the post...

One Life to Live...Live It To The Fullest

By Rizks• 2 Jun 2009 13:55
Rating: 2/5
Rizks

and i thought by reading the title tat GM is selling Hummer for cheaper rates.....so cheap tat even a low income person at Industrial area can afford IT...:)

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