General Motors will shut down Hummer after its bid to sell the brand to heavy equipment maker Sichuan Tengzhong Heavy Industrial Machines Co. failed. The Chinese company was unable to get clearance from Chinese regulators within the proposed deal time frame. GM said it will continue to honor existing Hummer warranties and will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner.
Loading ...
February 26, 2010 at 12:11 pm
hi,
year 2010 its a very bad news to all of us…
we lost an off-road monster..
why cant the indian buy it…like mahindra,tata,etc..
what might be the cost of hummer company..
Bye..Bye…
February 26, 2010 at 7:17 pm
this year wit so many recalls of giants blow from toyota, nissan , suzuki, honda,etc and another blow from hummer, indeed a rough phase for the auto industry, hummer i love u , this brand will be cherished in our minds forever
February 27, 2010 at 8:43 am
Hmmmm,, dis is a really bad news from the auto gaint,,