In a press conference Friday, GM CEO Fritz Henderson responded to questions about the sale of HUMMER to Sichuan Tengzhong.
“The purchaser for Hummer is going through the approval processes in China,” Henderson said. “We’re cooperating with them. The purchaser is professional, well-advised and has done a huge amount of work. We’re supporting the process. Our expectation is that this deal can get done.”
Henderson’s comments come amid rumors that a sale may be blocked by the Chinese Government.