Hummer Faces Shutdown After Chinese Sale Collapses

From the Associated Press: Sichuan Tengzhong Heavy Industrial Machines Co. said Wednesday it pulled out of the deal to buy the company from General Motors Co. Tengzhong failed to get clearance from Chinese regulators within the...

G.M. Is Said to Agree to Sell Stakes to China Partner

The New York Times reports on the sale of GM stakes that will make its Chinese partner the majority owner of the joint venture: General Motors has reached an agreement to sell about half of its India operations and a small stake...

GM Sells Hummer To China Industrial Business

From Financial Times: China is set to gain a toehold in the North American car market through Sichuan Tengzhong Heavy Industrial Machinery’s acquisition from General Motors of Hummer, the hulking symbol of Americans’...

Hummer Bidder to Begin Talks with China

Sichuan Tengzhong Heavy Industrial Machinery, the potential buyer of GM’s Hummer brand, expects to persuade Chinese regulators to approve the transaction in spite of a report on China National Radio’s website saying...

Hummer Puts China’s Tengzhong On the Map, Almost

As Sichuan Tengzhong Heavy Industrial Machinery Co. is set to buy Hummer, a General Motors unit that filed for bankruptcy recently, several perspectives have emerged about the gas-guzzling behemoth and the little known machinery...

GM Reportedly Selling Hummer to Chinese Company

After filing for bankruptcy on the morning of June 1, 2009, American car company General Motors (GM), once one of the largest automobile manufacturers in the world,  may be selling its Hummer brand to a Chinese heavy machinery...

China Car Market Raring to Go at Shanghai Auto Show

The Shanghai Auto Show is taking on new significance this year as the Chinese car industry is providing a rare glimmer of opportunity for beleaguered American car makers. GM is planning to move factories to China, Bloomberg...

Chinese Automakers May Buy GM and Chrysler?

With the U.S. auto industry in the midst of a crisis, Chinese media reports are saying that Chinese companies may buy up two giants, Chrysler and GM. From Chinese carmakers SAIC and Dongfeng have plans to...

Chinese Cadillac Offers a Glimpse of GM’s Future – WSJ

From the Wall Street Journal: The Cadillac SLS — which will be in the spotlight here tomorrow at the Beijing Auto Show — has been stretched to provide more legroom for rear-seat passengers, since many wealthy Chinese ride in chauffeur-driven cars. Its upright chrome grille presents a more formal silhouette than its sportier North American […]



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