REPORT: Chinese-owned Hummer to keep headquarters in southeast Michigan
2008 Hummer HX concept - click above image for hi-res gallery
With General Motors selling its Hummer operations to China's Tengzhong, there had been some concern that the embattled state of Michigan would lose even more jobs if the SUV brand's home base would move either overseas or out of state. But according to Reuters, that doesn't look like it's going to happen. According to company officials, Hummer LLC has secured some $20.6 million worth of state tax credits over ten years, and in turn, it expects to invest $9.4 million over five years into its new headquarters.
Reuters indicates that Hummer operations will be relocated to a location in southeast Michigan, with plans to start at 100 employees and eventually ramp upwards to 300 in a few years. A site for the headquarters has not been announced yet, but it will likely come after the deal between GM and Tengzhong is finalized.
Gallery: Detroit 2008: HUMMER HX Concept
[Source: Reuters]
Reader Comments (Page 1 of 1)
Brian 4:10PM (9/23/2009)
So when do they finally do the right thing and sell Buick to them?
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daleam 7:03PM (9/23/2009)
Piss off, moron.
nickds7 4:27PM (9/23/2009)
This should be good. Hopefully they survive.
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Randy915 7:01PM (9/24/2009)
Maybe their future products will be good enough to be imported back to the US, oh the irony.
larry raines 4:29PM (9/23/2009)
I guess they got to crap someplace.......
Sept. 23 (Bloomberg) -- China pledged for the first time to reduce its greenhouse-gas emissions in proportion to economic growth in a new effort to fight global warming that lacked numerical goals.
President Hu Jintao offered to reduce the so-called carbon intensity of factories and power plants in the world’s third- biggest economy by an unspecified amount at a United Nations summit on climate change yesterday in New York.
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larry raines 4:30PM (9/23/2009)
because they can't do it at home as much now..........
artandcolour 4:32PM (9/23/2009)
that little one is the one GM should have built.
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Venom 4:32PM (9/23/2009)
They are keeping it here because they know where their demographic for Hummer buyers is, and that is Michigan.
I wonder how the pick up truck drivers with their stickers saying "Out of a job yet, keep buying foreign" are going to react to this.
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akboss302 8:26AM (9/24/2009)
For a simple answer to that, look at the new slogan for Wal-Mart, 'save money, live better'. It doesn't matter where it comes from as long as we can live better for cheap, even if there is no foundation or sustainability for the lifestyle. Some dude from Michigan still gets his Hummer (no pun intended), doesn't matter where it comes from or who gets the profit. But maybe it's just as well, the Hummer brand is a Titanic anyways, better that the domestics turn their focus on products with a future.
Nightcrawler 4:33PM (9/23/2009)
So Michigan gave them $20M of tax credits to get them to spend $9M? Does that make financial sense for the state? I guess they must have calculated that it does somehow.
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Cameron 4:42PM (9/23/2009)
If they were going to pay $30mil in taxes and got a $20mil tax break it would be a small net gain. Plus all the non-direct tax dollars, employed people buy houses for property tax, things that have sales tax, and suppliers for them from food to parts all have increased sales resulting in more employed people... and so on.
Mike 4:40PM (9/23/2009)
In democratic America, communist China owns you.
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Venom 6:29PM (9/23/2009)
What about communist Russia? lol
A Russian bought the New Jersey Nets today.
I am not sure if that was good for us and bad for him yet, but I am going to say yes right now.
Frank 9:49AM (9/24/2009)
"I am not sure if that was good for us and bad for him yet, but I am going to say yes right now. "
Make that "da".
steve clark 5:53PM (9/23/2009)
this is what MIGHT have saved Hummer. if they built this last year and made it compete with Jeep (price wise) they would have sold them left and right. i for one dont like Hummer but this is hot looking. knowing GM they would have srewed it up.oh... they did.
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Kyle 6:23PM (9/23/2009)
I wish hummer would die
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katshot 8:47AM (9/24/2009)
You'll probably get your wish. I can't see Hummer surviving long now that it's Chinese owned.
thedarkon3 4:00AM (9/24/2009)
I fully expect the next generation of the Hummer to have a six inch tall windshield situated twelve feet back from the bumper. The higher-end trim levels will include video cameras hidden in the grille that can be used by those generous souls who wish to avoid crushing motorists who can't afford to drive as much tonnage.
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Josiah7 5:58AM (9/24/2009)
GM should have launched the HX a while ago. I'll never buy a Hummer myself, but I'm glad the company will live on, even if it's China-owned.
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Invisible 9:14AM (9/24/2009)
I wonder how the Chinese mafia and the Detroit mafia are going to get along?
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