General Motors had hoped it could unload its HUMMER brand to China’s Sichuan Tengzhong by the end of January, but as the month came to a close today the two decided to extend the deadline until the end of February. The definitive agreement between the two companies signed last year was set to expire on [...]
Continue reading...Tuesday, January 12, 2010
While we’ve been spending most of our time covering Team HUMMER and Robby Gordon’s trek at the Dakar race, we haven’t brought you much in regards to General Motor’s plans to unload the HUMMER brand to China’s Sichuan Tengzhong – mainly because there haven’t been any updates other than GM’s CEO Ed Whitacre making a [...]
Continue reading...Wednesday, December 16, 2009
When the HUMMER brand becomes independent from GM, it will also be getting a new parent company in China’s Sichuan Tengzhong . While the new ownership will essentially allow HUMMER to operate as an independent U.S. company making its own decisions, some may still be uneasy about having the parent company overseas. In part three [...]
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Sunday, January 31, 2010
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