China Firm to Buy Hummer

June 3, 2009 at 8:11 am

An obscure Chinese construction-equipment maker plans to buy Hummer, a brawny symbol of America across the globe, from General Motors Corp. in a deal that presages the future shape of the international auto industry.

The prospective buyer, Sichuan Tengzhong Heavy Industrial Machinery Co., was announced a day after GM filed for bankruptcy protection in the U.S., and almost a year after the company put Hummer on the block (J. Stoll, S. Terlep and N. King Jr., Wall Street Journal, June 3, 2009)


Entry filed under: Asia, Business Cases, China, Global Business, NKITA.

AAEI says 10+2 costs will mount Donohue’s Bogotá Speech Calls for Continued Action on Colombia Trade Agreement

Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

RSS Northern Kentucky Chamber – Calendar

  • An error has occurred; the feed is probably down. Try again later.

%d bloggers like this: