Comments on: GM Sells Hummer to Private Chinese Company http://moneymorning.com/2009/06/02/gm-hummer-china/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: GM Sells Saturn Unit to Penske as Part of Bankruptcy Plan http://moneymorning.com/2009/06/02/gm-hummer-china/comment-page-1/#comment-6733 GM Sells Saturn Unit to Penske as Part of Bankruptcy Plan Mon, 08 Jun 2009 18:55:11 +0000 http://www.moneymorning.com/?p=7580#comment-6733 [...] earlier this week announced that it plans to sell Hummer to China’s Sichuan Tengzhong Heavy Industrial Machinery Co., is offloading its European Opel operations to Magna International Inc. (NYSE: MGA), and is [...] [...] earlier this week announced that it plans to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co., is offloading its European Opel operations to Magna International Inc. (NYSE: MGA), and is [...]

]]> By: KCB Gupta http://moneymorning.com/2009/06/02/gm-hummer-china/comment-page-1/#comment-6732 KCB Gupta Thu, 04 Jun 2009 12:59:40 +0000 http://www.moneymorning.com/?p=7580#comment-6732 Hummar is an iconic brand. We do not know whether the US Administration will clear the deal without some riders, due to security concerns. Hummer vehicles can be used by the armed forces with telling effect. Presence of Chinese in such vital end use possibilities has to be looked seriously, irrespective of the saving of jobs and relief to beleagured GM. Hummar is an iconic brand. We do not know whether the US Administration will clear the deal without some riders, due to security concerns. Hummer vehicles can be used by the armed forces with telling effect. Presence of Chinese in such vital end use possibilities has to be looked seriously, irrespective of the saving of jobs and relief to beleagured GM.

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