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	<title>Hummerblog &#187; Sichuan Tengzhong</title>
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	<description>Big American Bully Cars. I love them!</description>
	<lastBuildDate>Fri, 26 Feb 2010 03:04:04 +0000</lastBuildDate>
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		<title>R.I.P: HUMMER is dead</title>
		<link>http://hummerblog.org/2010/02/r-i-p-hummer-is-dead</link>
		<comments>http://hummerblog.org/2010/02/r-i-p-hummer-is-dead#comments</comments>
		<pubDate>Fri, 26 Feb 2010 03:04:04 +0000</pubDate>
		<dc:creator>Jorge</dc:creator>
				<category><![CDATA[Corporate]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Hummer]]></category>
		<category><![CDATA[Sichuan Tengzhong]]></category>

		<guid isPermaLink="false">http://hummerblog.org/?p=42</guid>
		<description><![CDATA[General Motors announced that the deal with Chinese firm Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. to purchase the HUMMER brand cannot be accomplished and so the brand shall be folded. The deal with Tengzhong was thought to be the savior of the GM brand and about 3,000 jobs ranging from engineering, dealership, and manufacturing [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.gmautoblog.com/">General Motors</a> announced that the deal with Chinese firm Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. to purchase the HUMMER brand cannot be accomplished and so the brand shall be folded.</p>
<p>The deal with Tengzhong was thought to be the savior of the GM brand and about 3,000 jobs ranging from engineering, dealership, and manufacturing in the United States. The plan also had provisions for the Chinese company to infuse a ton of funding for future programs and products of HUMMER. This includes the possibility of the compact H4.</p>
<p><a href="http://hummerblog.org/wp-content/uploads/2010/02/RIP-HUMMER.jpg"><img src="http://hummerblog.org/wp-content/uploads/2010/02/RIP-HUMMER.jpg" alt="RIP HUMMER" title="RIP HUMMER" width="100%" class="aligncenter size-full wp-image-43" /></a></p>
<p>The chances of the sale weakened as a result of several factors. The sales figures of HUMMER are very poor plus the concern of the market today for the environment, and the economic meltdown. The left hook, right straight, uppercut combination was just too much and knocked out the deal.</p>
<p>GM assured the public that they will continue to honor warranties issued to HUMMER owners. You also don’t have to worry about spare parts and support if you are an owner of this hard edged metal truck.</p>
<p>The call for <a href="http://greencarsblog.net/">greener vehicles</a> was one major factor with the declaration of Chapter 11 of General Motors serving as final blow to HUMMER. </p>
<p>The chance to save HUMMER is defined as impossibile. It is a clear flatline. We pay our respects. </p>
<p>HUMMER. </p>
<p>1999-2010.</p>
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		<title>Final: Hummer signs deal with Sichuan Tengzhong</title>
		<link>http://hummerblog.org/2009/10/final-hummer-signs-deal-with-sichuan-tengzhong</link>
		<comments>http://hummerblog.org/2009/10/final-hummer-signs-deal-with-sichuan-tengzhong#comments</comments>
		<pubDate>Fri, 16 Oct 2009 14:58:39 +0000</pubDate>
		<dc:creator>Jorge</dc:creator>
				<category><![CDATA[Corporate]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Hummer]]></category>
		<category><![CDATA[Sichuan Tengzhong]]></category>

		<guid isPermaLink="false">http://hummerblog.org/?p=35</guid>
		<description><![CDATA[It has been on the news for several months now but finally the talks between Hummer and Chinese company Sichuan Tengzhong has reached an agreement. General Motors inked the deal with Tengzhong which allows the latter to acquire the premium brand Hummer. Hummer is a very strong brand when it comes to the all terrain [...]]]></description>
			<content:encoded><![CDATA[<p>It <a href="http://hummerblog.org/2009/06/gm-discussing-sale-of-hummer-with-tengzhong-of-china">has been on the news for several months now</a> but finally the talks between Hummer and Chinese company Sichuan Tengzhong has reached an agreement. <a href="http://hummerblog.org/wp-content/uploads/2009/10/Sichuan-Tengzhong-Hummer.jpg"><img class="alignright size-medium wp-image-36" title="Sichuan Tengzhong Hummer" src="http://hummerblog.org/wp-content/uploads/2009/10/Sichuan-Tengzhong-Hummer-300x188.jpg" alt="Sichuan Tengzhong Hummer" width="300" height="188" /></a>General Motors inked the deal with Tengzhong which allows the latter to acquire the premium brand Hummer.</p>
<p>Hummer is a very strong brand when it comes to the all terrain vehicle brands, and the deal with the Chinese company marks a milestone for both General motors and Hummer. The brand is seeing a bright future ahead with the management and design expertise of Hummer that will be utilized with the capital coming from Tengzhong.</p>
<p>The Hummer brand has known to be among the leaders of the American pack, but owners of Hummer need not worry about the acquisition. The Chinese company will keep the global head office of Hummer near Detroit since Michigan issued a tax credit of about $20.6 million to the new owners.</p>
<p><span id="more-35"></span>The management team of Hummer including its current CEO will be kept. Manufacturing of the units will be executed through contracts <a href="http://www.gmautoblog.com/" target="_blank">with General Motors</a> using the existing Hummer factories. These agreements secured about 3,000 jobs in the U.S. The Louisiana plant will keep the assembly of the H3 and the upcoming H3T while the H2 will still be done in Mishawaka possibly until 2012.</p>
<p>The management of Sichuan Tengzhong is very optimistic about the Hummer brands. They are looking forward for more efficient Hummers of the future which will be able to meet the stricter fuel regulations of the future. There are plans to implant the <a href="http://alternativecarfuels.org/c/ethanol/">E85 Ethanol flex capability</a> to the entire Hummer fleet.</p>
<p>SuspensionConnection.com has <a href="http://www.suspensionconnection.com/cgi-bin/suscon/firestone-air-bags.html">Ride-Rite by Firestone</a> and other accessories for your vehicle.</p>]]></content:encoded>
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