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Shreveport, LA mayor lobbies D.C. to close the HUMMER deal, already
Cedric Glover, the mayor of Shreveport, Louisiana, went to Washington, D.C. to plead his case for the sale of Hummer to Tengzhong. The only thing is, we're not sure why he went. To be more precise, we do know that he wants to protect jobs at GM's Shreveport plant that builds Hummers. The plant has about 800 workers who build some of The General's pickup trucks and Hummer models, and the loss of The Big H would undoubtedly put people out of work. What we're not sure of is what he thinks Washington has to do with it. He did ask that a ... Read more →
Recork the Champagne? China says Hummer paperwork not submitted yet Jonathon Ramsey
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 ...
REPORT: Chinese-owned Hummer to keep headquarters in southeast Michigan Chris Paukert
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 ...
Potential deal points leaked concerning Tengzhong's purchase of Hummer Jonathon Ramsey
As the Opel transaction takes on Biblical intrigue, the Hummer exchange goes on in another dark corner, laboriously, like the gestation of an elephant. The latest report from a Chinese news ...
REPORT: Tengzhong deal for Hummer expected to close in Q3 Jonathon Ramsey
Slowly clearing one obstacle after another, Tengzhong is closer to sealing the deal to buy Hummer from General Motors. Chinese reports have come almost completely around, from the nearly certain "No" ...
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HUMMER hanging on: Tengzhong in talks with Chinese government to clear sale 4 months ago on Autoblog
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 ...
Hummer buyer to start talks with Chinese gov't to win sale? 4 months ago on Autoblog
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 ...
REPORT: China to block HUMMER sale to Tengzhong 4 months ago on Autoblog
- 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 ...
Is selling Hummer the morally correct thing to do? [w/POLL] 5 months ago on Autoblog
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 ...
Chinese government unlikely to approve Hummer purchase deal? 5 months ago on Autoblog
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 ...
Autoblog Podcast #151: With Car and Driver's Eddie Alterman
Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.
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