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It's official: Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd is in advanced talks to acquire the Hummer brand from GM.
The privately-owned heavy equipment manufacturer plans to keep the existing Hummer dealer network and executive team in the U.S.
Future plans includes an expansion of the lineup and additional availability in world markets. The deal is expected to be finalized this fall.
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felonious says:
03:51 PM, 06/ 2/09
So the question on everyone's minds is: if we ever go to war with China, who gets the Hummers?
greenpony says:
04:18 PM, 06/ 2/09
Why not just sell baseball, the Statue of Liberty, and apple pie to the Chinese while we're at it?
cwc1 says:
04:53 PM, 06/ 2/09
AM General is the company who makes the H1 HMMV, and is not affected by the sale. GM produces the H2 and H3.
We're selling our national soul to China.
estreka says:
05:00 PM, 06/ 2/09
Please, our national soul is in the products we create, not the products themselves.
Besides, I'd hardly call the H3 the epitome of the American dream.
stephen987 says:
05:17 PM, 06/ 2/09
Maybe we can fight off the Chinese with Italian-made Jeeps. . .
firstwagon says:
05:30 PM, 06/ 2/09
I still don't know what the big deal is. The H2 and H3 are sight gags whose time has come and gone. If there was any demand for them, GM would still be selling them.
So now some Chinese get to drive around and say "Look at me, my car looks like an army truck".
What's the problem with that?
charlesb says:
07:37 PM, 06/ 2/09
We'll let the Chinese keep the Hummers, they are pretty much death traps anyway. Now if we can just unload AM General on them too.
flicmod says:
05:24 AM, 06/ 3/09
I could be wrong, but isn't Chevrolet the one that's supposed to go with baseball and apple pie?
dougtheeng says:
07:03 AM, 06/ 3/09
No surprises here.
fenixfire077 says:
07:43 AM, 06/ 3/09
cwc1 is right, AM General manufactures the 'h1' for military use, also, as it's no longer a civilian vehicle, what really are we losing? the h2, and h3, the biggest nastiest gas guzzlers on the road? besides, if you love them so much, buy one used, there was only one body style, it's not like it's that big of a deal. Hummer was a lead weight in my opinion and probably helped drag gm into the murky waters in which it now lays, so good riddance.