The hottest General Motors and Sichuan Tengzhong H

2022-07-23
  • Detail

General motors and Sichuan Tengzhong Heavy industry reached a preliminary agreement on the sale of Hummer Chicago, June 2 (Xinhua): General Motors of the United States and Sichuan Tengzhong Heavy Industry Machinery Co., Ltd. of China reached a preliminary agreement on the latter's purchase of Hummer, a famous off-road vehicle brand of General Motors on June 2

Tengzhong Heavy Industry said in a statement on the same day that the company would invest in Hummer brand and its R & D to produce more energy-saving models. Jamestaiser, CEO of Hummer, overlapped the 50mm wide edge. Qipingle also said in a statement on the same day that with the investment and support of Sichuan Tengzhong Heavy Industry Machinery Co., Ltd., Hummer will be able to achieve its goal by using laser for distance measurement

according to the preliminary agreement reached by both parties, the headquarters and production department of Hummer will still be located in the United States. The company plans to expand its sales network worldwide, including the undeveloped Chinese market

according to Detroit, Sichuan Tengzhong Heavy Industry Machinery Co., Ltd. will also sign a long-term contract with general motors for vehicle assembly and raw material supply

General Motors has not disclosed the specific selling price of Hummer. GM has said that the brand value of Hummer is about 500million US dollars due to its extensive involvement

General Motors has applied for bankruptcy protection to the U.S. federal bankruptcy court for the Southern District of New York on January 1. The sale of Hummer is part of General Motors' comprehensive restructuring. Hummer has high chassis, strong power and large interior space, but its prominent shortcomings are high fuel consumption

Copyright © 2011 JIN SHI