Monday, June 15, 2009

Sichuan Tenzhong Buys Hummer After GM Files Bankruptcy

http://www.youtube.com/watch?v=SF6R8JPjfQM

Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. plans to purchase the Hummer brand from General Motors, the mammoth U.S. auto maker that filed for bankruptcy yesterday. Hummer is the brand attached to GMs line of street-legal vehicles based on the HMMWV, or humvee. The abbreviation stands for High Mobility Multipurpose Wheeled Vehicle. Many people still call refer to a GM Hummer as a humvee.

http://personalmoneystore.com/moneyblog/2009/06/02/sichuan-tenzhong-buys-hummer-gm-files-bancruptcy/



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