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05-24-2010, 09:19 AM
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Elcova Newbie
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Join Date: May 2010
Posts: 2
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HUMMER Has a Buyer
The Hummer brand and it's lineup of vehicles will live to fight another day according to General Motors who has entered into an agreement to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery Company. GM has been shopping around Hummer and they finally have made an arrangement for the sale. All vehicles in the lineup including the H2, H3 and H3T will continue to be produced.
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05-24-2010, 10:25 AM
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Hummer Professional
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Join Date: Jul 2003
Location: Port Charlotte, Florida
Posts: 357
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Re: HUMMER Has a Buyer
Where did you here that? Last I heard that deal was a "no go". Post your source(s).
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2008 H3 Alpha - Boulder Gray
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05-24-2010, 05:06 PM
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Hummer Novice
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Join Date: Jul 2008
Location: Paradise Valley Arizona
Posts: 22
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Re: HUMMER Has a Buyer
Quote:
Originally Posted by Ed G.
Where did you here that? Last I heard that deal was a "no go". Post your source(s).
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What he said! Post your source!
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2000 H1 Open Top, Yellow, 38.5X14.50 TSL SX
2003 H2 White, Fabtech 6", 40X15.50X22 Toyo Open Country MT
2009 H3T Alpha, F/R Lockers, Boulder Grey, Gobi Stealth, UCP, 35X12.50X18 KM2's
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05-24-2010, 08:04 PM
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Hummer Expert
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Join Date: Nov 2002
Location: North Texas
Posts: 523
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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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05-24-2010, 09:43 PM
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Hummer Novice
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Join Date: Jul 2008
Location: Paradise Valley Arizona
Posts: 22
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Re: HUMMER Has a Buyer
__________________
2000 H1 Open Top, Yellow, 38.5X14.50 TSL SX
2003 H2 White, Fabtech 6", 40X15.50X22 Toyo Open Country MT
2009 H3T Alpha, F/R Lockers, Boulder Grey, Gobi Stealth, UCP, 35X12.50X18 KM2's
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05-25-2010, 03:08 AM
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Hummer Guru
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Join Date: Jul 2005
Location: Idaho
Posts: 4,744
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Re: HUMMER Has a Buyer
HUMMER is dead. Those last models that ran were for a fleet order. Last retail H3 was built a while ago.
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