Rumor: HUMMER Sale Nixed By China, Tengzhong Considers Offshore Options
Thread Starter
|
Staff Reporter
Joined: May 2007
Posts: 16,929
Likes: 54
Rumor: HUMMER Sale Nixed By China, Tengzhong Considers Offshore Options
General Motors is having a win-some/lose-some kind of week: a day after the company wrapped up its drawn-out sale of Saab, rumors indicate that GM's attempt to sell another brand -- HUMMER -- has been foiled by the Chinese government. The news comes via Business Week, citing sources close to the negotiations. Not to toot our own horn, but we've...More...
Last edited by Jazz; Feb 24, 2010 at 12:23 PM.
