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Hummer sale to Tengzhong can not be completed
General Motors today announced today that Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. was unable to complete the acquisition of Hummer. As a result, GM will begin the orderly wind-down of the Hummer operations http://finance.alphatrade.com/story/2010-02-24/CWN/201002241455CANA...
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Replies to This Discussion
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Permalink Reply by Keith on
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He can still run a Hummer body. But without factory $$ what's the point?
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Permalink Reply by xcmtb on
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Maybe he gets to keep the money already paid by Hummer and now work with another manufacturer - getting more manufacturer dollars. Might be a chance to double-dip.
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Permalink Reply by Mike/WC77 on
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Don't think he's gonna look for another manufacture's support...unless he is building a 4x. However he's already said he's not. In which case, I think it's a safe bet we see Hummers @ 2011 Dakar.
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Right - and our guy has never been known to make a last-minute switch when the $ appears. Just sayin.
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Permalink Reply by robbyfansinceimsa on
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John Menard can buy Hummer and sell them at Menards
matt
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Hahaha, if it was the right deal, you can bet your ass he would. That would kick WalMart's ass for most diverse floorplan, wouldn't it?
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Permalink Reply by Michael Martinez on
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U.S. armed forces buys....takes over hummer and for 2011 all the folks who never worked a day in their life can buy one with the non taxable income they generate with an auto machine gun nest on board....woops wrong board sorry bout that.
A good toilet flushes clean 'cept ours keeps sending things back....perhaps this country can get our economy going again by building birdhouses or can openers start small dream big and who knows after about 200 years you can let japan make transistors....oh that happened already? How about basketballs...china...coffee cups...china...wait I know have Wal-mart buy Hummer then we can see how cheaply they can be made in china and we can watch a sea of shoppers flock to buy up all the.....
mike has been asked to not post political topics here and has been stopped on this one.....
even though watching our economy destroy itself like a snake eating its own tail as we get all these new taxes heaved us as........I have no answer but a good question. Where was the fork you ate with this morning made and where was the fork your grandparents ate with made?
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