Hummer is on hold until GM seals the deal. By the end of the week, GM will stop producing Hummer as the brand is being sold to Sichuan Tengzhong Heavy Industrial Machinery Company. GM will not comment on the state of negotiations, but the U.S. government has signed off on all related regulatory issues. But it’s yet to be establish that STHIMC has secured credit and wariness on the part of the Chinese government.
Source:thecarconnection.com
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