Was stört mich beim Radfahren?
Hummers stören mich sehr, aber die können jetzt nur mehr weniger werden!!
Yeah!
GM to end Hummer as Chinese deal fails
DETROIT - General Motors Co. said yesterday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed.Heavy equipment maker Sichuan Tengzhong Heavy Industrial Machines Co. pulled out of the deal for Hummer, known for its hulking, military-style SUVs, because it was unable to get clearance from Chinese regulators within the proposed deal’s time frame.
GM said it will continue to honor existing Hummer warranties.
“GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner,” said John Smith, GM vice president of corporate planning.
GM has been trying to sell the loss-making brand for the last year and found a suitor in Tengzhong, but resistance from Chinese regulators created difficulties. Hummer, which traces its origins to the Humvee military vehicle built by AM General LLC in South Bend, Ind., acquired a devoted following among SUV lovers who were drawn to the off-road ready vehicles. But the vehicles drew scorn from environmentalists and sales never recovered after gasoline prices spiked above $4 a gallon in the summer of 2008.
