topless_mike
06-02-2009, 12:47 PM
as much as I would love to tie in some kind of happy ending joke to this, I cant.
story (http://www.foxnews.com/story/0,2933,524520,00.html)
GM announced Tuesday that it has a memorandum of understanding to sell the brand of rugged SUVs to the Chinese corporation. Sichuan Tengzhong deals in road construction, plastics, resins and other industrial products, but Hummer would be its first step into the consumer automotive business.
General Motors has not yet confirmed the the price being paid for it's SUV-only division, but said the sale will likely save more than 3,000 U.S. jobs in manufacturing, engineering and at various Hummer dealerships.
While I fully understand that nothing changes here except who gets paid at the end of the day, its just another company sold off to other "country".
story (http://www.foxnews.com/story/0,2933,524520,00.html)
GM announced Tuesday that it has a memorandum of understanding to sell the brand of rugged SUVs to the Chinese corporation. Sichuan Tengzhong deals in road construction, plastics, resins and other industrial products, but Hummer would be its first step into the consumer automotive business.
General Motors has not yet confirmed the the price being paid for it's SUV-only division, but said the sale will likely save more than 3,000 U.S. jobs in manufacturing, engineering and at various Hummer dealerships.
While I fully understand that nothing changes here except who gets paid at the end of the day, its just another company sold off to other "country".