Chinese Company Buying Hummer From GM.....

[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.

[grizzaholic]

HAHAHAHA Sad day for the Hummer div.

[danefan]

Will they run on Soy now?

[Wedgebuster]

Gee, maybe they can figure out how to build one that can stop a bottle rocket.

[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.

[ChetSteadman]

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.

[dbackjon]

I am sure Travis is lining up to get a Chinese Hummer

[ChetSteadman]

I am sure Travis is lining up to get a Chinese Hummer

So is *****

[Cap'n Cat]

I am sure Travis is lining up to get a Chinese Hummer

[hank scorpio]

I am sure Travis is lining up to get a Chinese Hummer

Flawless!

[Ibanez]

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.

[grizzaholic]

I am sure Travis is lining up to get a Chinese Hummer

So is *****

[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?

[grizzaholic]

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.