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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowGeneral Motors
Corp. has a tentative agreement to sell its Hummer brand to Sichuan
Tengzhong Heavy Industrial Machinery Co. of China, a person briefed on the deal said today.
GM announced earlier today that it has a memorandum of understanding to sell the brand of
rugged SUVs, but the company didn’t disclose the buyer. The Hummer H2 is made in Indiana by AM General Corp. in Mishawaka.
Sichuan
Tengzhong deals in road construction, plastics, resins and other
industrial products, but the person briefed on the deal said Hummer
would be its first step into the automotive business. The person spoke
on condition of anonymity because the details have not been made public.
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