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#1 (permalink) |
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Registered User
Join Date: Feb 2006
Member # 67981
Location: Paradise, Ca
Posts: 472
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Chinese to make Civvie Hummers
GM will sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, a little-known industrial firm. For now, the deal will save 3,000 jobs in the US. (The military HumVees are made by a separate company and are not involved in this deal.) "As part of the deal, some GM plants will continue to build the Hummer brand for the new owner, at least for awhile. The company said its Shreveport, La., plant will keep building Hummers for the new owner until at least 2010. ... GM said it sold 5,013 Hummers worldwide in the first quarter, down 62% from the 13,050 that it sold in the same period the prior year."
http://money.cnn.com/2009/06/02/news...ion=2009060216
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#2 (permalink) |
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Registered User
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This is Obama's "leaner, greener" soloution for GM??? We'll send the manufacture of one of gas guzzling-ist vehicles to a country with 1Billion people that don't give a shit about green-house gasses. I'm not saying its not a good move for Hummer, or that the Chinese couldn't make it better, but the hypocracy is getting thick.
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