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Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:11 am
by Cap'n Cat
http://www.msnbc.msn.com/id/31059625/

NEW YORK - General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands.

GM has an agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:11 am
by grizzaholic
HAHAHAHA Sad day for the Hummer div.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:12 am
by danefan
Will they run on Soy now?

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:15 am
by Wedgebuster
Gee, maybe they can figure out how to build one that can stop a bottle rocket.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:17 am
by Ivytalk
I'm glad GM found a buyer. So why sell Hummer but "phase out" Pontiac? If there are 15 potential buyers for Saturn, there would have to be someone out there who would take Pontiac and keep the brand alive.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:18 am
by ChetSteadman
Ivytalk wrote:I'm glad GM found a buyer. So why sell Hummer but "phase out" Pontiac? If there are 15 potential buyers for Saturn, there would have to be someone out there who would take Pontiac and keep the brand alive.
Simple - BHO told them to scrap Pontiac and sell Hummer/Saturn.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:19 am
by dbackjon
I am sure Travis is lining up to get a Chinese Hummer

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:21 am
by ChetSteadman
dbackjon wrote:I am sure Travis is lining up to get a Chinese Hummer

So is ***** :lol:

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:25 am
by Cap'n Cat
dbackjon wrote:I am sure Travis is lining up to get a Chinese Hummer
Image

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:26 am
by hank scorpio
dbackjon wrote:I am sure Travis is lining up to get a Chinese Hummer
Flawless! :lol:

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:31 am
by Ibanez
danefan wrote:Will they run on Soy now?
I'm thinking that SomE way, SomEhow, the ChineSE will be able to make that a possibility.

They're crafty.

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 11:31 am
by grizzaholic
BeauFoster wrote:
dbackjon wrote:I am sure Travis is lining up to get a Chinese Hummer

So is ***** :lol:
:lol:

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 2:52 pm
by slycat
So if its Chinese owed and they are still making them here in the States, does that mean China is outsourcing jobs to us?

Re: Chinese Company Buying Hummer From GM.....

Posted: Tue Jun 02, 2009 2:53 pm
by grizzaholic
slycat wrote:So if its Chinese owed and they are still making them here in the States, does that mean China is outsourcing jobs to us?
NO, they will be sending over a few thousand chinese workers in a few containers to work the plants. They live in the plants over there so they can use the old office buildings as dorms.