Skip to Content

hummer tengzhong


GM sells HUMMER to Tengzhong for $150M, what happens to the vitriol?

Tengzhong's plan to make a green Hummer can now officially move forward. GM and the China's Sichuan Tengzhong Heavy Industrial Machinery company announced today that a deal to sell off the brand is complete. For $150 million, Tengzhong will take an 80 percent stake, a private investor will get the rest, and GM is rid of one of the most controversial automobile brands ever. Sort of, the deal is set up so that Tengzhong will contract vehicle manufacturing from GM through at least June 2011. U.S. and Chinese regulators still need to approve ... Read more →

Is selling HUMMER the morally correct thing to do? [w/POLL] Sebastian Blanco

GM's potential sale of HUMMER to Tengzhong is probably good news for those interested in seeing the company return to independent and profitable status as quickly as possible (and also Rush ...

GM sells HUMMER to Tengzhong for $150M, what happens to the vitriol? 1 month ago on Autoblog Green

Tengzhong's plan to make a green Hummer can now officially move forward. GM and the China's Sichuan Tengzhong Heavy Industrial Machinery company announced today that a deal to sell off the brand is complete. For $150 million, Tengzhong will take an 80 percent stake, a private investor will get ...

Is selling HUMMER the morally correct thing to do? [w/POLL] 5 months ago on Autoblog Green

GM's potential sale of HUMMER to Tengzhong is probably good news for those interested in seeing the company return to independent and profitable status as quickly as possible (and also Rush Limbaugh). GM can shed the negative political association of the land monsters and get some money in return. ...


Featured Galleries

  • LA 2009: CMT-380
  • LA 2009: Mitsubishi i-MiEV
  • LA 2009: Faurecia Booth
  • LA 2009: Fisker Karma
  • Audi A3 TDI - 2010 Green Car of the Year
  • World's Most Expensive Tesla Roadster
  • LA 2009: Mitsubishi PX-MiEV
  • LA 2009: Mitsubishi i-MiEV for Geek Squad
  • Honda P-NUT
  • LA 2009: Honda P-NUT
  • Ford Focus Econetic
  • Capstone Turbine CMT-380

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum