GM: No Hummer deal with China

Posted Feb. 24, 2010 at 2:06 p.m.

Associated Press | GM has announced that Hummer will not be acquired by Chinese buyer Sichuan Tengzhong Heavy Industrial Machines Co. “We are disappointed that the deal with Tengzhong could not be completed,” said John Smith, GM’s vice president of corporate planning and alliances. “GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner.”

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One comment:

  1. Prince Flanagan March 4, 2010 at 2:23 a.m.

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