Re: HUMMER Has a Buyer
I found the following, but it is 2 months old. -- the time that GM announced that the deal failed. I think it is still dead.
Feb. 24, 2010 (China Knowledge) - Sichuan Tengzhong Heavy Industrial Machinery Co Ltd is seeking other ways to take over General Motors Corp's Hummer unit as it might fail to win Chinese regulatory approval for the purchase, Reuters reported yesterday.
Tengzhong, which has not given up hope of winning government approval, may use an offshore investment vehicle to buy the Hummer brand, said a source close to the deal.
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Jim
2003 H2 Metallic Red (now gone)
2008 H3 Graphite Lux
Last edited by Texas Red : 05-24-2010 at 08:08 PM.
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