-
Hummer sold to Chinese heavy equipment maker
 What seemed to be a good joke turns out to be as real as it gets. The North American automaker General Motors announced today that a definitive agreement was made between them and the Chinese heavy equipment maker Sichuan Tengzhong Heavy Industrial Machinery regarding the sale of the Hummer brand. The Chinese heavy equipment maker Sichuan Tengzhong will buy Hummer through an investment entity and will own 80% of the company while the rest of the 20% will be owned by Suolang Duoji, a Hong Kong investor. This news comes four months after General Motors declared that they started talking to the Chinese heavy equipment ...
Tags: hummer, sold, chinese, heavy, equipment, maker
Koenigsegg - the Saab buyer
 Reports 1st surfaced about the interest Koenigsegg has in GM's Saab department last month, having the newest info indicating the supercar maker from Sweden has sealed the contract for the General Motors cast-off brand name. Koenigsegg and some investors from Norway were among a 3 bidding group for the Saab name.Sweden's SVT reported that Koenigsegg inked an intent letter to aquire the Saab department from GM. 'The buyers have signed a letter of intent to buy Saab' 'Final negotiations about details on the deal will go on in the next months'.Saab and GM representatives haven't confirm this report yet. Both GM and Saab have ...
Tags: koenigsegg, saab, bid, hummer, saturn, gm, svt
Hummer buyer from China expanding brand's presence in America
 Since GM's recent announcement rumors are floating around that the off-road-ready brand Hummer will be sold to Sichuan Tengzhong Heavy Industrial Machinery Company - Chinese manufacturing. According to the present CEO of Hummer - who would not be retained by China - the all-new owner will be expanding the lineup of the brand and keep its US dealership network.This new Hummer model will become quite the first mainstream brand of China to do business in America - but that is not such a bad thing, states Jim Taylor Hummer CEO, who spoke for Automotive News involving the new owners of the firm. 'We’ve been in ...
Tags: hummer, china, u.s., america, sichuan, tengzhong, off-road
GM talking with 2 out of 3 Hummer bidders
 Fritz Henderson - General Motors CEO says that the carmaker received severe bids from 3 outside firms for its Hummer model, but that it's talking with 2 potential suitors. The carmaker from Detroit wanted to sell the Hummer unit since last year and it affirms that this delayed sale here could be wrapped up this month.GM, due to agreements of confidentiality, would not be naming either of those bidders - plus, sincerely, there have been some rumors of the carmaker as to only who is truly interested in owning the Hummer brand name. GM delayed Hummer's sale announcement a few times, leading to many rumors ...
Tags: gm, hummer, bid, detroit
GM dealers slowing down orders - brands' uncertainty
 GM’ Saturn, Saab and Hummer brands are not dead yet, but a few dealers are now curtailing car orders like they were. Showroom traffic is slowed now to some trickled since General Motors announced the 3 brand names were up there for 'strategic review' giving Hummer, Saab and Saturn dealers small incentive for ordering new autos.The sales in February were quite dismal for all 3 brand names, having Saturn posting in the best month - a 57 % decline in sales. Saab and Hummer saw sales dip being 62 and 68 %, in February. So, many dealers stopped all car orders. Stocked auto inventories are ...
Tags: gm, general motors, saab, saturn, hummer, slow, order
About Hummer H2 E85
 Hummer unveiled finally a H2 variant that runs with E85 ethanol fuel. The auto brand well known for being fuel hog is greener now. The H2 actually can run solely with E85 ethanol or gasoline or.. any mix of the 2 fuels. Other General Motors flex-fuel autos on the road currently are able only on running up to 85 % ethanol (E85). So the final developments enabled the H2 runing on E85 ethanol are now being carried to other cars on the Hummer line. And the H3 unit will become later in 2009 E85 capable. A 4-cylinder diesel turbo engine is being developed also for the ...
Tags: hummer, h2, e85, suv, sports utility, 4x4, h3
Pricing announced for 2009 HUMMER H3T
 Even if General Motors is considering selling the Hummer, they needed to have a final attempt to bring back the brand to the previous success. So in September the 2009 H3T unit will be on sale with a price beginning at $31,495. The H3T model is offered in 4 trim levels, including five-cylinder units and the popular, V8-powered H3T Alpha edition.“The H3T carves out a new segment in the midsize truck market, providing an outstanding combination of functionality and capability,” said Martin Walsh, the HUMMER general manager. "This will be the ideal truck for the buyer who need a truck’s functionality for his or her ...
Tags: hummer, h3t, 2009, pricing
General Motors considers selling the Hummer brand
 Not a rumor anymore. GM announced officially it`s re-evaluating the upcoming Hummer brand. In a press statements, GM said it`is "undertaking a strategic review of the Hummer brand to determine its fit within the GM portfolio. At this point, the company is considering all options, from a complete revamp of the product lineup to a partial or complete sale of the brand.""We are making a number of important announcements today, covering everything from product and technology investments to capacity adjustments to a strategic review of our Hummer brand," affirmed Wagoner. "These moves are all in response to the rapid rise in oil prices and the ...
Tags: gm, general motors, hummer
FlexFuel engines for all 2010 Hummer models
 General Motors took the opportunity to announce on Friday that by 2010 all Hummer units will have biofuel capability. This announcement took place in the same time as the Classic Chevrolet / Hummer in Dallas, TX model became the first new auto and truck dealership in America to open biofuel pumps public. To celebrate this opening, General Motors had a 2009 H2 SUT unit on-hand at dealership, which’s E85 capable. The SUT, alongside with the regular H2, which represent only two of these 15 FlexFuel units General Motors will be offering for the 2009 unit year. First, the public saw an E85-capable Hummer vehicle in ...
Tags: hummer, gm, flexfuel, 2010, hx, concept
Hummer Mountain Rescue
 HUMMER partnered with England & Wales`s Mountain Rescue, to provide a specially changed auto for the United Kingdom charity. UK Mountain Rescue is celebrating its 75th anniversary this year and to commemorate the landmark, the newly debuted right-hand drive H3 by HUMMER will be supporting the busiest teams of the charity in England and Wales through the whole year. The hardy on/off road car will be carrying both equipment and personnel as the Mountain Rescue goes on saving hundreds of lives every year.Hailed as an off-road auto – ‘like nothing else’ the H3 unit is one of the most potent, capable off-road cars on the ...
Tags: hummer, mountain, rescue, uk, england, wales
- july 2008
Hummer H2
5-doors, hatchback
- Fuel: petrol
Topspeed: 211 km/h- july 2008
Hummer H2 SUT
5-doors, hatchback
- Fuel: diesel
Topspeed: 192 km/h- july 2008
Hummer H3
5-doors, hatchback
- Fuel: diesel
Topspeed: 206 km/h
|
