GM officially sold Hummer to China’s Tengzhong
GM officially sold Hummer to China’s Tengzhong
By Ally Liu From:Gasgoo.comOctober 10, 2009
It’s been in the works for some time and now it’s finally official. According to
Reuters, General Motors has signed a definitive agreement to sell its Hummer brand to China’s Sichuan Tengzhong Heavy Industrial Machinery, with Tengzhong taking an 80 percent stake and a private investor [...]