China Firm to Buy Hummer -
"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."
Wednesday, June 3, 2009
at 8:45 AM