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REPORT: China to block HUMMER sale to Tengzhong

2008 Hummer H2 - Click above for high-res gallery

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 to reduce the number of automakers operating within its borders and favors keeping manufacturers with an eye towards fuel efficiency. Of all the labels people have put on the Hummer br