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hummer sale

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    One more bidder reported left for Hummer, but is GM listening?

    Sure enough, someone out there still wants Hummer. According to a report by The Car Connection, Raser Technologies has put multiple bids in for the General Motors Earth-squishing trucks – both before and after the failed bid from China's Sichuan-Tengzhong. Raser Technologies made a name for ...

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    Report: Last-ditch sale effort for Hummer post wind-down announcement fading

    It's getting tough for even the most ardent supporters of the Hummer brand to continue to keep hope alive. Reports the aficionados at "While many of us were hoping for a last-minute miracle to save the Hummer brand, signs from Detroit are indicating that Hummer production will soon ...

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    Hummer plant coming back online to fill 849-unit order?

    Hummer H3T - Click above for high-res image gallery
    Unless a buyer for Hummer materializes in the next few months, General Motors will continue to wind-down its environmental group dart board. The slow death of Hummer has actually been in process since before The General announced that the sale ...

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    BREAKING: GM announces Hummer sale cannot be concluded, brand to be wound down

    Although it has been evident for some time that General Motors' sale of its Hummer brand to Sichuan Tengzhong Heavy Industrial Machines Co., Ltd., we didn't expect for word to come down today that the negotiations are dead and the brand will be wound down. Unfortunately, judging by a press ...

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    Hummer deal with China's Tengzhong looking shaky

    It looks like General Motors' deal to sell its Hummer brand to China's Sichuan Tengzhong Heavy Industrial Machinery is on shaky ground. According to Reuters, the likelihood that the Chinese government will give its approval to Tengzhong has been waning in recent weeks, leading the would-be ...

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    Report: GM, Tengzhong extend Hummer sale deadline until end of February

    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 ...

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    Report: GM to idle Hummer production on Monday until China deal goes through

    2009 Hummer H3T Alpha – Click above for high-res image gallery
    Lost in the hoopla surrounding General Motors' attempted sale/wind-down of Saab and Ford's situation with Volvo and Geely has been any word surrounding the sale of Hummer to China's Sichuan Tengzhong Heavy Industrial ...

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    REPORT: Hummer getting plans in order for H4 and H5 models

    Hummer HX concept - click above for high-res image gallery
    As a brand, Hummer has been in limbo since General Motors announced it was selling the downtrodden marque to China's Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. Speculation remains that the sale could be completed on or around ...

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    Recork the Champagne? China says Hummer paperwork not submitted yet

    2008 Hummer HX concept – Click above for high-res gallery
    Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong. The Chinese company and its partner in the deal, Lumena Resources Corp., would pay $150 ...

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    REPORT: GM close to offloading Hummer for as little as $150 million

    Hummer H3T - click above for high-res image gallery
    Not so many years ago, Hummer appeared to be one of General Motors' most potentially lucrative brands. Now, the fallen brand looks poised to fall into the hands of the Chinese very soon. Bloomberg is reporting that a deal to sell Hummer could be ...

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    HUMMER hanging on: Tengzhong in talks with Chinese government to clear sale

    Chinese National Radio recently reported that Tengzhong wouldn't be allowed to purchase Hummer due to environmental concerns. The company released a statement after that news broke saying that while there was no "definitive agreement," the CNR report wasn't based on facts from the government ...

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    Hummer buyer to start talks with Chinese gov't to win sale?

    China's Sichuan Tengzhong Heavy Industrial Machinery, the company that recently surfaced as the top bidder for Hummer, is about to start talks with Chinese regulators to secure the deal. While General Motors has a tentative agreement with Tengzhong, the two companies have yet to receive the state's ...

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    REPORT: China to block HUMMER sale to Tengzhong

    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 ...

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    Critics from China berate proposed HUMMER sale, rekindled automaker could be based in Nashville

    2008 Hummer H2 SUT - Click above for high-res gallery
    As Chinese media outlets continue to voice derision over GM's agreement to sell its unwanted HUMMER division to Sichuan Tengzhong Heavy Industrial Machinery Co., there are real questions as to whether or not the Chinese government will even ...

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    Is selling Hummer the morally correct thing to do? [w/POLL]

    General Motors' potential sale of Hummer to Tengzhong is probably good news for those interested in seeing the company return to independent and profitable status as quickly as possible. The move should see enable GM to shed the negative political and social association of the star-crossed SUV ...

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    Chinese government unlikely to approve Hummer purchase deal?

    According to a report from Bloomberg, state-owned Chinese news agency Shanghai Securities News is predicting that it is unlikely the Chinese government will approve the purchase of Hummer from General Motors by Sichuan Tengzhong Heavy Industrial Machinery Co. Why? Apparently, China actually wants ...

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    REPORT: GM has three possible offers for Hummer between $100-$200M; SAIC may buy Buick

    General Motors has been mandated by the U.S. government to shed brands as part of its restructuring process. Recent reports indicate that the General is hard at work, as three buyers are reportedly seeking to purchase Hummer, while a Chinese company may have interest in Buick. The Hummer fire-sale ...

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    REPORT: Hummer's fate to be decided by Tuesday in a few weeks

    General Motors has been trying to unload its Hummer division for nearly a year now. Despite assertions late last year indicating that it hoped to have the troubled brand off its books for good before 2009 rolled around, we are now nearing the end of the first quarter of '09 and Hummer is still ...

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    Changfeng, AM General bidding on Hummer

    Rejoice GM, somebody wants HUMMER! In fact, AM General, the company that created the original mil-spec HMMWV for American troops back in 1983 is rumored to be in the mix of bidders, joining forces with China's Hunan Changfeng Motor Co. Despite earlier reports, Changfeng has remained interested in ...

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    Wagoner: HUMMER is the only brand for sale

    General Motors CEO Rick Wagoner has confirmed that HUMMER is the only brand in the automaker's portfolio that's up for sale. Many believed that Saab's days were also numbered and the Swedish brand would be getting out from under the corporate umbrella as soon as a buyer could be found. Not so says ...


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