HUMMER Club Heads to Drummond Island

On Friday, HUMMER owners from near and far will descend upon Drummond Island, Michigan for a two-day event put on by The HUMMER Club Inc. The island’s ORV park, Turtle Ridge, has two distinct sections. The “Upper” section is primarily rocky, uneven terrain while the “lower” section designed for trail …

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Club HUMMER Off-Road Holds First National Event

Tucked away in the mountain forests of Pennsylvania is Rausch Creek Off-Road Park, and it was the setting of Club HUMMER Off-Road’s inaugural national event. Rausch Creek has 1700 acres of easy, intermediate, and hard trails, and also has free on-site camping. Trails include all types of obstacles including mud, …

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Tengzhong to Establish Offshore SPE for HUMMER Purchase

Tengzhong announced Wednesday that it will establish an off-shore special purpose entity (SPE) to facilitate the purchase of HUMMER. Without getting TOO technical or confusing, an SPE is typically set up by a company to separate the “sponsor” company (in this case Tengzhong) from another venture, thus reducing financial risk …

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Newsweek: Chinese Fear Failure with HUMMER. Really?

Newsweek is reporting Monday that Chinese officials are merely using their environmental concerns as a public excuse to not support Tengzhong’s bid for the HUMMER brand, while their real fear is international embarrassment if the brand fails. To be clear, there has been no official statement from either of the …

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Chinese Regulators Supportive of HUMMER Deal

On Tuesday it was reported that two of China’s regulators, the Ministry of Commerce and the National Development and Reform Commission (NRDC), had opposing opinions regarding Tengzhong’s bid to purchase the HUMMER brand from GM. According to Reuters, a ministry spokesperson played down those reports Wednesday. “The commerce ministry and …

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Chinese Regulators Debate HUMMER Deal

Two Chinese regulators are at odds with each other on the approval process for Tengzhong’s approval to purchase HUMMER from General Motors, according to Reuters. One regulator is the Ministry of Commerce (Mofcom) who seemed initially supportive of the deal saying that the bid was, “normal behavior for a company …

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GM CEO Says HUMMER Deal “Can Get Done”

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 …

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GM Emerges from Bankruptcy, HUMMER Assets Held by New GM

General Motors emerged from bankruptcy Friday morning, namely by separating itself into two companies. The ‘new GM’ is currently being called Vehicle Acquisition Company, but will later turn into General Motors Company and include four core brands: Cadillac, Buick, Chevy, and GMC. In addition to the core brands, the new …

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Three Reasons Chinese Government Will Support HUMMER Deal

The Wall Street Journal recently ran an article called, the “Three Reasons Chinese Government May Not Support HUMMER Deal,” including reasons like reducing China’s carbon footprint and Tengzhong’s experience in the market. We’ve decided to counter that, with three reasons why the Chinese Government would want to support the HUMMER …

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