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GM Sells Hummer Division
And so it begins...
Quote:
Chinese Company Said to Be Buyer of Hummer
Keith Bradsher and Nick Bunkley, NYT, 2 Jun 2009
General Motors has reached a preliminary agreement for the sale of its Hummer brand of large sport utility vehicles and pickup trucks to a machinery company in western China with ambitions to become a carmaker, a person with knowledge of the Chinese government approval process said Tuesday.
The Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., based in Chengdu, concluded the agreement with G.M., said the person, who insisted on anonymity.
(cont'd)
http://www.nytimes.com/2009/06/03/bu...er=rss&emc=rss
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I can see it all now on a Saturday Night Live episode.
"Is it true what they say about Chinese Hummers?" [wink - wink]
Richard's $.02 
__________________
“Sometimes the Bible in the hand of one man is worse than a whisky bottle in the hand of (another)… There are just some kind of men who – who’re so busy worrying about the next world they’ve never learned to live in this one, and you can look down the street and see the results.” - To Kill A Mockingbird (Atticus Finch)
“Almost any sect, cult, or religion will legislate its creed into law if it acquires the political power to do so.” - Robert Heinlein
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