REPORT: Tengzhong deal for Hummer expected to close in Q3
Chinese government officials didn't comment on the story, but the Chinese commerce ministry, one of the two bodies overseeing approval of the purchase, is now saying that it's only natural for Tengzhong to want Hummer. And with Tengzhong issuing pronouncements about mantaining Hummer's dealer network, it looks like the company is confident it will achieve its end. Final price is expected to be less than half of what GM wanted, coming in at around $200 million.
Meanwhile, the vehicles like nothing else keep on trucking, taking part in this weekend's TSCO Vegas to Reno race. Chad Hall and Emily Miller are each piloting H3s -- hopefully through to Sunday's finish. If you're a desert racer, you can keep up with action at Best in the Desert or Sopwith Racing.
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