15 Sep
decided to keep them down, and Pontiac, Saturn and other brands are not the final message.
Posted in Uncategorized on 15.09.10 by Merlyn
However, progress has been made after the brand was not sold well, after more than a year, only Saab (SAAB) was sold to Beijing Automotive Group and the Dutch Spyker; Opel in selling interest after repeated after it was common decided to keep them down, and Pontiac, Saturn and other brands are not the final message.
Of course, the Hummer also has a common focus of hot selling, while China’s Sichuan Tengzhong once considered the savior of Hummer.
Is able to operate in the good Teng Hummer voices of doubt, the October 9, 2009, General Motors or with Tengzhong business on GM’s Hummer sale of high-end signed a definitive agreement. After the two sides claimed to be only the approval of relevant government departments. But considering the price and bring the Hummer brand image processing problems, February 25, 2010 in respect Teng suddenly announced the acquisition of Hummer failure.
The dramatic turning point, making domestic and foreign media have been shouting the arrival of Chinese companies overseas M & A voice stopped short times, the whole acquisition process is more like a “playing circus” performance. Since then, from India, Russia and the Arab countries investors have also expressed interest in buying the Hummer brand, but the relevant negotiations have failed to adhere to the last step.