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Tag Archives: gm

2011 Chevrolet Cruze Hatchback

The hatchback version of Chevrolet Cruze will make its debut at the Geneva Motor Show, which officially begin on Tuesday, March 1st. The new Cruze hatchback will also be offered with a new range of engines, with the range-topping diesel unit, with 163PS (161hp) and a standard six-speed manual transmission.   The Cruze Hatchback will go on sale in the ...

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Tengzhong expects the deal for Hummer to close in Q3

Recently reported from the Reuters news, the China’s Tengzhong will maintain Hummer’s auto dealership network if it succeeds in purchasing the U.S. brand, amid growing sentiment that it may complete the controversial deal. According to Tengzhong spokesperson statement, there will be no change in Hummer’s existing global sales network and the quality of its after sales services after the completion of ...

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China government unlikely to approve Hummer deal?

China’s government, which is focused on cutting down the breadth of its auto industry by focusing on fuel efficient vehicles, is apparently unlikely to approve the sale of General Motors’ Hummer unit to Sichuan Tengzhong Heavy Industrial Machinery, according to reports out of the Asian nation. In other words, we are too optimistic to draw conclusions about whether or not China will ...

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GM unloads Hummer to China’s industrial company Sichuan Tengzhong

General Motors Corp. has struck a deal to sell its Hummer truck unit to a Chinese industrial business. A privately owned Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., based in China, will acquire the truck brand, which has been part of GM since 1999. Tengzhong said it plans to keep Hummer’s management team. “We plan to … allow Humer to ...

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GM to announce tentative sale of Hummer tomorrow

  According to a report by the Wall Street Journal, GM plans to announce a tentative sale of the Hummer brand less than a day after filing for Chapter 11 bankruptcy protection. Although GM won’t release the name of Hummer’s possible future owner, the sources say that a deal could be struck by the end of the third quarter and the ...

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