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Hummer plant coming back online to fill 849-unit order?
Filed under: SUV , Plants/Manufacturing , GM , Hummer , Off-Road Hummer H3T - Click above for high-res image gallery Unless a buyer for Hummer materializes in the next few months, General Motors will continue to wind-down its environmental group dart board. The slow death of Hummer has actually been in process since before The General announced that the sale of the brand to China's Sichuan Tengzhong Heavy Industrial Machinery fell through , as the company's Shreveport, LA facility stopped making H3 and H3T models in January.
Continue reading...Report: General Motors looking at two previous Hummer offers
25. February 2010
Filed under: SUV , Government/Legal , GM , Hummer , Off-Road According to a report by the Wall Street Journal , General Motors is taking a second look at two previous offers for Hummer after the deal to sell the ailing sports utility brand finally succumbed to a slow death yesterday . The WSJ doesn't divulge which companies are in the offing to purchase Hummer, only saying that GM had rejected offers from the two firms last year. The original deal to offload the brand onto China's Sichuan Tengzhong Heavy Industrial Machinery for $150 million was apparently rejected by the Chinese government, although the reason for the rejection is still in question.
Continue reading...BREAKING: GM announces Hummer sale cannot be concluded, brand to be wound down
24. February 2010
Filed under: SUV , GM , Hummer , Earnings/Financials , Off-Road Although it has been evident for some time that General Motors ' sale of its Hummer brand to Sichuan Tengzhong Heavy Industrial Machines Co., Ltd., we didn't expect for word to come down today that the negotiations are dead and the brand will be wound down.
Continue reading...Lexus and Hummer top 2010 J.D. Power Customer Service Index Study
24. February 2010
Filed under: Etc. , Buick , Cadillac , Hummer , Jaguar , Jeep , Lexus , Mazda , Saturn , Suzuki 2010 J.D. Power CSI Study - Click above for charts Lexus and Hummer took top honors in their respective categories in the J.D
Continue reading...Hummer deal with China’s Tengzhong looking shaky
23. February 2010
Filed under: SUV , China , Government/Legal , Hummer , Earnings/Financials It looks like General Motors ' deal to sell its Hummer brand to China's Sichuan Tengzhong Heavy Industrial Machinery is on shaky ground. According to Reuters , the likelihood that the Chinese government will give its approval to Tengzhong has been waning in recent weeks, leading the would-be purchasers to consider making the acquisition using an offshore investment vehicle to skirt the need for Chinese regulatory approval
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9. March 2010
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