Was HUMMER Sold for $80 Million?

One notable element of the news story from Gasgoo about the construction of a HUMMER production line in China was that it also put a value on what Sichuan Tengzhong Heavy Industrial Machinery Company paid for the HUMMER brand: 550 million yuan, or $80.5 million in US dollars. While often …

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Chinese HUMMER Plant Coming?

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 …

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Tengzhong: No Plans for HUMMER Plant in China

American HUMMER enthusiasts concerned about production being moved to China can rest a little easier tonight, knowing that the brand’s proposed new owner, Tengzhong, has no plans for a HUMMER plant in China. According to the conditions of the deal, production of HUMMER models would be contracted to General Motors …

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Chinese Reaction to HUMMER Brand Purchase

There’s a fair share of opinion swirling around both stateside and overseas about GM’s intent to sell the HUMMER brand to China’s Sichuan Tengzhong. To get some perspective on what the Chinese think about the deal, check out China Car Times’ comment compilation (btw, nice photo choice!) – here are …

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Long Term GM Contracts Likely in Tengzhong HUMMER Deal

According to GM, it’s likely that Tengzhong will arrange for long-term contract assembly of HUMMER vehicles by General Motors. Currently, this includes HUMMER H3 and H3T production in Shreveport, LA – which is set to get a boost when it takes over world-wide production – and HUMMER H2 production which …

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Official Announcement on HUMMER Buyer Expected Soon

Fox News is reporting that GM is readying the release of more information regarding the preliminary agreement to sell HUMMER. This morning, GM’s release didn’t mention any buyers but speculation has been swirling around China’s Sichuan Tengxhong Heavy Industrial Machinery Company . We’ll keep you posted as soon as we …

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NY Times Reporting HUMMER Buyer is China’s Sichuan

The New York Times is reporting that a government official from China has confirmed that Sichuan Tengxhong Heavy Industrial Machinery Company is the last investor standing in the HUMMER brand sale, and is the company that GM has reached a preliminary agreement with. Sichuan is a private company, but the …

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HUMMER Announcement FAQ

Below you will find a HUMMER Announcement Q & A designed to help customers and dealers sort through the announcement and what it means. Interesting points: HUMMER Headquarters will be based in the United States, and verbiage hints that H1 won’t be brought back – but never say never. Click …

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HUMMER HQ to Remain in United States Regardless of Investor

Even though we don’t know the identity or location of the buyer that General Motors intends to sell the HUMMER brand to, we do know that HUMMER global headquarters will be based in the United States. According to a Q & A regarding Tuesday’s official announcement, HUMMER will continue to …

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H2 to Remain in HUMMER Portfolio, Single Cab H3T Possible, H4 Likely

There’s been a lot of question about the H2 continuing in HUMMER’s portfolio after the departure from GM, though HUMMER spokesperson Nick Richards told PickupTrucks.com that the H2 will be a part of HUMMER’s future, and that other concept vehicles like the H3T would be good indicators of which direction …

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