• Jun 26, 2009
2008 Hummer H2 - Click above for high-res gallery

General Motors' pending deal to offload its unwanted HUMMER brand may have hit a major snag. Although no official word has come from the Ministry of Commerce or the National Development and Reform Commission, state-run radio organizations are reporting that the Chinese government will indeed block the sale of HUMMER from GM to Sichuan Tengzhong Heavy Industrial Machinery Co. It's impossible to know exactly how this whole mess will play out, but these reports clearly jive with the general sentiments we've been hearing since the deal was first announced.

According to Chinese radio reports (via the BBC), there are two main objections to the HUMMER deal. First, the brand's environmental credentials don't match up with the direction the Chinese government wants its automakers to head. Second, there are questions as to whether Tengzhong has the expertise to properly manage a large automaker as it's business dealings so far have all been in the construction equipment segment.

Not so fast, says Tengzhong. In a newly-released statement regarding these latest reports, the company had this to say:
Some people may have views and speculation, but the Chinese government has a process that we respect... The view expressed on China National Radio's website did not quote or source anyone at NDRC. We do not yet have a definitive agreement, but are developing our proposals with GM and Hummer and we will continue to engage with the appropriate authorities in an appropriate manner.
At this point, it seems equally as possible that a decision could either come down in short order or come only after a long series of protracted negotiations. Stay tuned. Thanks for the tip, Dave S!



[Source: BBC]


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    • 1 Second Ago
  • 21 Comments
      • 5 Years Ago
      Great. Thanks commies.
        • 5 Years Ago
        Smart move, i guess they found out the trick at the end
      • 5 Years Ago
      It is good for Chinese that they dont get this POS!
      • 5 Years Ago
      They'll just build a Chinese Hummer that looks exactly like a Hummer that isn't a Hummer.
        • 5 Years Ago
        At least it would have a chance to survive a NHTSA crash test.
      • 5 Years Ago
      It's JIBE, not JIVE... you do that all the time.

      And yes I am, in fact, a member the Spelling and Grammar Police.

      http://wordnetweb.princeton.edu/perl/webwn?s=jibe

        • 5 Years Ago
        Thanks! I always said "jive" as well.
      • 5 Years Ago


      Second time I have seen this on Autoblog. Look up the words, "jive" and "jibe."
      • 5 Years Ago
      A lot of the "sold off" given away GM brands probably won't exist much longer than 3 to 6 months, anyway I think bar the stable non US brands.

      US gov shouldn't have taken over GM they have screwed it marjory, it would have come out of the problems just would have been a long and slow process.

      I'm pretty surprised the US gov sold off Chrysler though seeing as they did the prezes new car, lol. who's gonna keep that working now or do any updates probably gave the plans away along with the company.
      • 5 Years Ago
      Hummers were such a fad in the 1990's. Now they seem to be heading in the opposite direction.
      • 5 Years Ago
      The Chinese gov wants its auto industry to focus on competing in the green arena. Given the relative youth of the green car industry and the fact that China has such a late start in traditional auto making, you can't say that it's not a good strategy.
      • 5 Years Ago
      yay!
      About time the Chinese government does something sane.
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