Comments on: Hummer going Chinese before October

By: Harley Stone

Harley Stone — Thu, 18 Jun 2009 14:43:01 +0000

i hope for chinese prices…

By: Joober@work

Joober@work — Tue, 16 Jun 2009 05:00:48 +0000

Creditors need to be paid first, so I would assume option 1 Wheelnut.

By: Tomas79

Tomas79 — Tue, 16 Jun 2009 01:49:32 +0000

Toxic_Horse Says: ”
I hate the H3, its like a fake hummer for idiots”

So true… It’s just a holden rodeo/colorado with a hummer like body!

By: Toxic_Horse

Toxic_Horse — Tue, 16 Jun 2009 01:29:06 +0000

I hate the H3, its like a fake hummer for idiots

By: Carz

Carz — Mon, 15 Jun 2009 12:21:04 +0000

It’s still Hummer even if it has new owner. Let’s wait and see what will STHIM do with it, change the design or feature. But I just hope they won’t change much of it since it’s well known already.

By: JEKYL & HYDE

JEKYL & HYDE — Mon, 15 Jun 2009 10:11:37 +0000

for those who have seen “who killed the electric car”,close your eyes and picture the ev-1 screaming past the hummer,for the last time(life’s been good to me so far)…

By: Wheelnut

Wheelnut — Mon, 15 Jun 2009 07:47:33 +0000

That’s right as part of the bankruptcy The “old GM” will sell their assets to the “New GM” yet retain all the outstanding debts and that GM incurred in the past – as they are technically two seperate legal entities

Therefore I’d say the sale of Hummoer to the Chinese is been between either:
the “Old GM” and the Chinese to help give the “Old GM” money to pay-off some of their current liabilities etc [which would obviously need approval by New GM]

Or the “New GM” and the Chinese which would give the “New GM” extra capital to help with restructuring or maybe even more Research and Development of future projects that are currently on ice etc

Eitherway the US Government who I’d say will also have to approve the deal; will be happy as no US jobs will be lost