Hummer Buyer

GM Sells Hummer

GM

0.75 0.00 (0.00%)
4:01 PM ET 06/01/09
GM's Hummer Buyer
General Motors In Tentative Deal To Sell Hummer

General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company within just 30 days.

Hummer Buyer

Gas prices, bad economy helped transform Hummer from massive icon to 'ruler of the devils'
General Motors will wind down its Hummer operations after Sichuan Tengzhong Heavy Industrial Machines was unable to complete the acquisition.
China's Hummer purchase, stalled by regulators, may take private equity route
General Motors is mulling two long-shot offers for Hummer after a deal to sell the line to China's Tengzhong collapsed this week, a report says.
Chinese regulators have rejected a bid by China's Tengzhong to buy General Motors' Hummer brand, a report says.
The iconic Hummer is winding down after GM failed to find a buyer. Here are possible replacements for the alpha-male SUV.
-- Wind down of HUMMER business to begin
Analysis: Holy grail of auto manufacturing is coming to a crossroad in Louisiana
General Motors says retail sales for its four key brands rose 7% in February, while overall sales rose 11.5%.
Ford, Honda and Toyota are souping up their subcompact cars as budget-conscious buyers look for cheaper rides.
Lexus Ranks Highest in Customer Satisfaction with Dealer Service among Luxury Brands, While HUMMER Ranks Highest among Mass Market Brands
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