Hummer Brand Shuts Down After Talks Collapse

Business

Seow Yaohan | February 25, 2010

The sale of the Hummer brand from General Motors to Sichuan Tengzhong Heavy Industrial Machinery Co. has fallen through, despite the two companies putting pen to paper for the deal which would have been worth USD 150 million (RM 510 million). GM will not pursue ...

General Motors Sells Hummer To Chinese Company For USD 150 Million

Business

Seow Yaohan | October 19, 2009

Sichuan Tengzhong Heavy Industrial Machinery Co., a little known China-based machinery maker, has put pen to paper an agreement to buy Hummer from General Motors, almost four months after making known their interest. According to Reuters, the deal would be worth about USD ...

Report: Chinese Government Blocking Hummer Deal

Business

Future

Rumors

Seow Yaohan | June 28, 2009

Flushed with cash, China is taking over the world, including the automotive world. We have heard of Volvo attracting the attention of Beijing Automotive Industry Holding Corp (BAIC), then reports that Geely has officially bought over Volvo. Now, it is Hummer's turn ...