Blue Oval Guide Posted June 7, 2009 Share Posted June 7, 2009 GM’s Hummer Sale May Fail to Clear China’s Regulatory Hurdles General Motors Corp., seeking to shed unprofitable units after filing for bankruptcy, may have its agreement to sell the Hummer sport-utility vehicle brand blocked by Chinese regulators, threatening 3,000 U.S. jobs. Sichuan Tengzhong Heavy Industrial Machinery Co.’s bid for Hummer runs counter to China’s attempts to develop a globally competitive auto industry by focusing on fuel-efficient vehicles, according to analysts. The government also wants to pare the nation’s more than 100 automakers to ease competition. CLICK HERE TO READ MORE. Quote Link to comment Share on other sites More sharing options...
IsabelHotchins Posted December 7, 2009 Share Posted December 7, 2009 As a Newbie, I am always searching online for stuff that can help me. Thank you for your help. Quote Link to comment Share on other sites More sharing options...
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