While it hasn’t been made official by General Motors, there have been rumors swirling for days, and now GM and China’s Tengzhong have reached a definitive agreement according to The Washington Post. According to the article, GM is expected to make the announcement later today. The two companies have been …

General Motors is expected to get around $150 Million for its HUMMER brand from Sichuan Tengzhong, a Chinese company that it’s been in negotiations with for several months. While it is a far cry from $500 million, the figure that GM had placed on the brand in bankruptcy court, Tengzhong …

GM announced Tuesday that its top U.S. sales executive, Mark LaNeve would be stepping down in the coming weeks. About eight hours later came news that replacing LaNeve would be Susan Docherty, who was HUMMER’s General Manager during the launch of the H3. LaNeve has accepted a position outside the …

HUMMER’s CEO Jim Taylor confirmed that the deal to sell the off-road brand to China’s Tengzhong is on track and that discussions are continuing. “The parties have been in frequent discussions working closely to finalize a definitive agreement,” Taylor told Bloomberg in an emailed statement. “Talks are on track. It …

The crew at Bad Ass Golf Carts may have outdone themselves this time. You may remember them as the builders of the two $38,000 golf carts we featured on the site a while ago (first here, second here). Now they have exceeded that amount with a customized HUMMER golf cart …

Executives from Tengzhong are reportedly in Detroit this weekend and could come to an agreement to purchase HUMMER from GM within days according to a report in the South China Morning Post and republished by Reuters. We’ve seen claims like this in the past from Bloomberg and Reuters, so while …

GM will be redoubling its efforts to finalize the sale of its HUMMER brand to Chinese company Tengzhong by the end of the year, according to the company’s treasurer. The announcement comes on the heels of Penske Automotive’s decision to pull the plug on its plan to purchase Saturn from …

Ever since the H3 came out in 2005, customers have been asking for a way to connect their iPod directly to their trucks. General Motors heard the demands and answered with the “Personal Audio Link” (PAL), which is a direct, wired link from your iPod or iPhone directly to the …

GM announced today that it could not come to an agreement with Penske Automotive Group to unload their Saturn brand, and without an agreement, the Saturn brand will be shut down. Since Penske doesn’t have a manufacturing background, after short-term manufacturing contract with GM expired they would have to find …

You may have seen some coverage on a new ‘research’ study claiming that HUMMER owners feel they’re taking the ‘moral high-ground’ with their vehicle choice (see Autoblog’s coverage). The officials at HUMMER have looked over the report and have now released a response. First, here is a brief summary from …

With a 60% share in General Motors, the U.S. Government hasn’t exactly been shy about asserting company-wide changes. In March, the President’s administration ousted then CEO Rick Wagoner, and just recently we learned about GM’s strict expense and travel policy that brought them into compliance with other bailed-out businesses. Would …