• Feb 1, 2010
As readily illustrated by the dramatic and protracted sale of Saab to Spyker – a process that itself is not yet concluded – it's clear that extracting brands from General Motors is a time-intensive process. No surprise, then, that GM and Chinese manufacturer Sichuan Tengzhong Heavy Industrial Machinery have reportedly decided to extend the deadline on a Hummer sale until month's end.

The two companies have been working to sew everything up on the SUV brand deal since it was first announced last October, but the original deadline expired yesterday without a resolution. According to the AFP, the holdup actually stems from the fact that the sale needs to get approval from Chinese regulators, an issue that has been noted before. As you may recall, China's commerce ministry previously went on record as saying that they hadn't received an application for approval from Tengzhong, and it is just one of the Chinese government agencies that need to sign off on the deal.

In a related news, Reuters notes that Suo Lang Duo Ji, a Chinese entrepreneur considered to be the mastermind behind the tie-up, hopes that the Hummer deal can be completed by this spring, an admission that could suggest that further extensions could be in the cards.

[Sources: Just-Auto, Reuters | Image: Scott Olson/Getty]


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    • 1 Second Ago
  • 11 Comments
      • 4 Years Ago
      The difference between the Hummer deal and the Saab deal is that no one cares about Hummer.
        • 4 Years Ago
        Well, people cared about Saab, but nobody care for those people.
        • 4 Years Ago
        JZeke-
        I agree with your comment about chasing the Jeep Wrangler. If GM had marketed (and designed) Hummer as an off-road-centric brand (as they did in the early days), rather than an urban lifestyle vehicle as they did in the latter days, we might have seen different consumer attitudes, a true competitor to the Wrangler, and a healthier Hummer division today.
        • 4 Years Ago
        ahhh the 9-2X: the bastard love child of good intentions :P I always liked the car...

        I had a WRX wagon now I have a Saab, so I've been living on the fringes of automodom for years.

        I get the whole "thats what people wanted" thing with Hummers... but good design and product planning has to make some assumptions of where tastes will go, and what markets to chase. During the Hummer era Jeep Wrangler sales were always steady - common sense would've had Hummer chase that bogey with a vengeance. I think they really had no clue what to do other than scale the H1 down incrementally. Shame cuz I could've thought of a ton of fun avenues to explore with the brand.
        • 4 Years Ago
        @shamdiddy: Ouch! I think plenty of people cared for those people. A lot of water cooler car talk i've heard over the the last couple months was really pro-saab and saab owners. Granted there weren't any BMW or Benz drivers in those convos... but who cares about them? J/K.

        I don't get why Hummer never came out with a compelling small fun Hummer. Why just the profit-chasing monsters? Its like GM never wanted the brand to be anything other than a quick profit center - cultural relevance be damned.
        • 4 Years Ago
        True. Most of the big auto sales and mergers that have happened is because the nameplate showed some kind of future success - i.e. Jag and the XF. The new Saab 9-5 looks great. What does Hummer have coming down the line?
        • 4 Years Ago
        JZeke,
        We own a 9-2x, lol - people care even lees about us! (and Subaru folks deny the fact we even exist)

        Hummer was very successful in giving people what they wanted. (Yes, people wanted oversized, gas guzzling SUV's) It's just that now, it is very popular to "do what's right" for the planet - the $4-$5/gallon fuel prices didn't hurt either.

        Hummer was working on a much smaller vehicle (H4) at the time of its demise. Maybe the new owners will pursue the design and offer a "Cute Ute" for sale. (?)
      • 4 Years Ago
      I want one of those H3Ts. :O
      • 4 Years Ago
      Erm, surely they *should* have known that the sale would need approval from Chinese regulators?

      Or did they think that they'd sneak this one in without them noticing?

      This stalling is for some other reason. That's waaaaaay to obvious.
      • 4 Years Ago
      Bummer, I really wanted to see that Hummer Concept pan out.