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Sichuan Tengzhong Heavy Industrial Machinery Co : Car Advice | News Blog

GM Hummer to sell for $165 million to Chinese

October 9, 2009 by Alborz Fallah  
Filed under Car News, GM, Hummer

General Motors is working hard to restructure itself to become profitable once again, as part of that process it needs to shed its non-profitable brands as quickly as possible.

One of the lowest performing brands in the GM stable is Hummer which is expected to sell to China’s Sichuan Tengzhong Heavy Industrial Machinery Co. for [...]