Wednesday, June 3, 2009

GM Hummer gets a buy-offer from Sichuan Tengzhong Heavy Industrial Machinery Co of China

There is news finally for GM's Hummer brand. Following GM's restructuring plan after it filed forbankruptcy under Chapter 11 in the US, one of the brands that were under consideration to be put on the block was Hummer. Now, the Chinese company - Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. (STHIM), a Chengdu-based company known for making a wide range of road equipment, such as bridge piers, highway construction and maintenance machinery is in talks with General Motors Corp., for buying the Hummer brand.
for full story click here : GM Hummer gets a buy-offer from Sichuan Tengzhong Heavy Industrial Machinery Co of China
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