Contrary to early reports that there were no plans to build HUMMER vehicles in China, a new report indicates that a production line will be set up in Chengdu.
Sichuan Tengzhong Heavy Industrial Machinery Co, a machinery company based in western China, will spend 550 million yuan (US$80.5 million) to buy Hummer brand, and invest another 450 million yuan to set up a new Hummer production line in Chengdu, the capital province of Sichuan, Chengdu Business Daily reported Thursday, citing a letter of intent from Tengzhong. [From Gasgoo Automotive News - Tengzhong may build new Hummer plant in Chengdu by Ally Liu.]
US production of HUMMERs will continue at least until 2010, according to this and other reports.
Related posts:
- Chinese HUMMER Production Possible with SAIC
- HUMMER Deal Ongoing Despite Chinese Radio Rumors
- Was HUMMER Sold for $80 Million?
- Tengzhong: No Plans for HUMMER Plant in China
- NY Times Reporting HUMMER Buyer is China’s Sichuan
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June 4th, 2009 at 1:33 pm
What did I say.All they wanted was the brand name and the technology.Once again I say thanks GM for sell us out.