Tag Archives: hummer

The Hummer Gets The Axe

The Hummer Gets The Axe

  General Motors has been unable to complete the sale of it’s Hummer brand to China-based Tengzhong and will now wind down operations of the vehicles. General Motors has said it will close down Hummer after a chinese bid collapsed.  …

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Hummer Deal Hammered Out

Hummer Deal Hammered Out

  • October 19, 2009
  • Posted in News

General Motors is recovering from bankruptcy by offloading another major name from its portfolio. GM has now announced they have signed a definitive agreement with Chinese firm Sichuan Tengzhong Heavy Industrial Machinery for 80% of Hummer, with a private investor …

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