Buyer of GM’s Hummer Unit Revealed

June 2, 2009

(ChattahBox) — Bringing a little closure to an earlier post today we reported General Motors Corp. had signed a deal to sell its Hummer truck unit but the buyer was unknown.  The New York Times reports the buyer is Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. out of western China.

The Times reports that Sichuan Tengzhong is a privately owned company known in China for making road equipment from highway construction to maintenance machinery but recently moving into manufacturing heavy-duty trucks.


2 Responses to “Buyer of GM’s Hummer Unit Revealed”

  1. Old Man Dotes on June 2nd, 2009 5:00 pm

    How amusing. The US Government is a 60% owner of GM now, and will allow the rights to manufacture the US military’s primary light truck to be sold to a Chinese company. That should make the near-future battle fog of war even denser.

  2. GM Finalizes Deal To Sell Hummer To China’s Tengzhong | ChattahBox News Blog on October 10th, 2009 6:48 am

    […] — Bringing a little closure to an earlier post we reported General Motors Corp. has finalized a deal to sell its Hummer truck unit to Sichuan Tengzhong Heavy […]

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