H3 Builder
08-28-2009, 12:46 AM
Latest information that Hummers will still be built in the U.S.
Hummer?s China deal outlined at last
26 August 2009 3 Comments
Hummer maybe finding its home in China very soon under the GM (http://www.chinacartimes.com/lexicon/GM-3/)-Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) deal which will see Hummer being operated as an offshore company but under Chinese control.
The plans were outlined on the auto.163 website and are as follows:
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) is going to take over the Hummer sales network in the USA.
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) will take over the IPR, including trademarks, patent rights, and other Hummer related issues.
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) will operate Hummer as an offshore business.
Until 2012 GM (http://www.chinacartimes.com/lexicon/GM-3/) will continue to produce Hummers and offer technical services to Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/).
Before 2012 Hummer will release a new H3 model and also the H4.
Hummers marketing and R&D will continue as it is.Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) has already announced that it doesnt plan to build a Chinese Hummer factory, although it was stated before that it did have plans for such a factory. Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) has also announced that it doesnt plan on obtaining Hummer assets or plans on taking a stake in GM (http://www.chinacartimes.com/lexicon/GM-3/).
More news:
http://www.bloomberg.com/apps/news?pid=20601109&sid=akQaZGWodMhY (http://www.bloomberg.com/apps/news?pid=20601109&sid=akQaZGWodMhY)
http://www.chinacartimes.com/2009/08/26/hummers-china-deal-outlined-at-last/ (http://www.chinacartimes.com/2009/08/26/hummers-china-deal-outlined-at-last/)
http://www.bizchina-update.com/content/view/2572/2/ (http://www.bizchina-update.com/content/view/2572/2/)
Hummer?s China deal outlined at last
26 August 2009 3 Comments
Hummer maybe finding its home in China very soon under the GM (http://www.chinacartimes.com/lexicon/GM-3/)-Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) deal which will see Hummer being operated as an offshore company but under Chinese control.
The plans were outlined on the auto.163 website and are as follows:
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) is going to take over the Hummer sales network in the USA.
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) will take over the IPR, including trademarks, patent rights, and other Hummer related issues.
Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) will operate Hummer as an offshore business.
Until 2012 GM (http://www.chinacartimes.com/lexicon/GM-3/) will continue to produce Hummers and offer technical services to Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/).
Before 2012 Hummer will release a new H3 model and also the H4.
Hummers marketing and R&D will continue as it is.Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) has already announced that it doesnt plan to build a Chinese Hummer factory, although it was stated before that it did have plans for such a factory. Tengzhong (http://www.chinacartimes.com/lexicon/Tengzhong-4/) has also announced that it doesnt plan on obtaining Hummer assets or plans on taking a stake in GM (http://www.chinacartimes.com/lexicon/GM-3/).
More news:
http://www.bloomberg.com/apps/news?pid=20601109&sid=akQaZGWodMhY (http://www.bloomberg.com/apps/news?pid=20601109&sid=akQaZGWodMhY)
http://www.chinacartimes.com/2009/08/26/hummers-china-deal-outlined-at-last/ (http://www.chinacartimes.com/2009/08/26/hummers-china-deal-outlined-at-last/)
http://www.bizchina-update.com/content/view/2572/2/ (http://www.bizchina-update.com/content/view/2572/2/)