Monday, August 16, 2010

Why Hummer failed sale and other intrests

On June 1, 2009, as a part of the General Motors bankruptcy announcement, the company revealed that the Hummer brand would be discontinued. However, the following day GM announced that instead it had reached a deal to sell the brand to an undisclosed buyer.After GM announced that same day that the sale was to an undisclosed Chinese company, CNN and the New York Times identified the buyer of the Hummer truck unit as China-based Sichuan Tengzhong Heavy Industrial Machinery Company Ltd.[15][16][17] Later that day, Sichuan Tengzhong itself announced the deal on their own website.

3 comments:

car covers said...

Don't know why people have not intrested in Hummer.
HUMMER Alpha models represent the top in performance, capability and comfort. The H1 Alpha was the first of these ultimate HUMMERs, and like the H3 Alpha, it offered a more powerful engine as well as unique styling and comfort features.

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