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General Motors Co. said Hummer to shut down
The sale of the SUV brand with military roots to a Chinese heavy equipment maker has collapsed. GM said it would still hear offers for the company, but potential investors would have to move fast.
A GM spokesman said they will entertain offers and determine their viability, but that will have to happen in pretty short order. GM said Wednesday that its bid to sell Hummer to Sichuan Tengzhong Heavy Industrial Machines Co. fell through. The Chinese manufacturer said it failed to get clearance from regulators in Beijing within the proposed timeframe for the sale. GM will continue to honor warranties for current Hummer owners.  Follow us on Call or email us today and let GSX help your business to grow. Email: Click Here Phone: (928) 768-1400
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