HUMMER - egmCarTech

2010 Hummer H3, H3T get new 5.3L V8 Flex Fuel and new colors

Posted: Nov 07, 2009

Filed under: 2010 Releases, GM, HUMMER

Hummer, which is on its way to becoming owned by China’s Sichuan Tengzhong Heavy Industrial Machinery, announced updates to its 2010 Hummer H3 and H3T mid-sized SUVs. The new additions include new colors and an available E85 Flex Fuel 5.3L V8 engine.
The 5.3L V8 Flex Fuel engine makes 300-hp with a maximum torque of 320 [...]

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Tengzhong seeking approval to buy HUMMER, expects deal by early 2010

Posted: Oct 12, 2009

Filed under: GM, HUMMER, Industry News

It was reported last week that China’s Sichuan Tengzhong Heavy Industrial Machinery has closed a deal with General Motors Company to buy the Detroit automaker’s HUMMER brand. Apparently, nothing is final just yet; Tengzhong is now in the process of seeking regulatory approval and aims to close the deal by early 2010.
“We have started communicating [...]

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BREAKING: GM completes HUMMER sales to China’s Tengzhong

Posted: Oct 09, 2009

Filed under: Breaking, GM, HUMMER, Industry News

General Motors Company and China’s Sichuan Tengzhong Heavy Industrial Machinery Co., have announced that they have entered into a definitive agreement that will allow Tengzhong to acquire HUMMER from GM.
“Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license [...]

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GM to close Hummer deal ‘any day’ for $150 million

Posted: Oct 08, 2009

Filed under: GM, HUMMER, Industry News

General Motors Company, which is working hard to cut its U.S. brand count in half, is trying to complete a deal to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery. According to a report by Bloomberg, the deal is said to be priced at $150 million.
Three unnamed sources said that GM hopes to announce a deal [...]

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Hummer’s Chinese owner plans to invest $9.4 million in Michigan

Posted: Sep 23, 2009

Filed under: GM, HUMMER, Industry News

General Motors in the midst of selling its Hummer brand to a Chinese company and Michigan really wants to keep the brand local. Sichuan Tengzhong Heavy Industrial Machinery Co., plans to invest up to $9.4 million into a new HQ located in either Detroit or Auburn Hills in light of the Michigan Economic Authority’s [...]

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GM could announce Hummer sale to Tengzhong as early as next week

Posted: Aug 28, 2009

Filed under: GM, HUMMER, Industry News

has been a while since we’ve heard anything on the sale of Hummer. Sources today are saying that China’s Tengzhong may finalize a deal with General Motors as early as next week to acquire the U.S. automaker’s Hummer brand.
A source familiar with the deal said that Sichuan Tengzhong Heavy Industrial Machinery has been in detailed negotiations with [...]

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Miscellaneous Thoughts: National Geographic picks World’s Greatest Scenic Routes, largest U.S. Hummer dealers selling guns, study shows EV driver’s range anxiety

Posted: Aug 24, 2009

Filed under: GM, HUMMER, Hybrids, Green News, Miscellaneous Thoughts

As a heads up – we are working on new egmCarTech. We have no timetable on when the new egmCarTech will be completed but we’re pretty sure you won’t be disappointed. It will have more features, more interactivity and will look a lot cleaner. Keep your hopes up – in the mean time, enjoy some [...]

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GM and Tengzhong to talk to China regulators on Hummer bid

Posted: Jun 29, 2009

Filed under: GM, HUMMER, Industry News

It was reported last week that China’s National Development and Reform Commission (NDRC) is likely to reject Sichuan Tengzhong’s bid to buy Hummer since it feels that the Chinese company may not have enough experience and resources to run the SUV business.
General Motors said today that it will now begin talking with regulators this week in [...]

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China’s NDRC likely to reject Tengzhong’s bid for Hummer

Posted: Jun 26, 2009

Filed under: GM, HUMMER, Industry News

A state radio reported yesterday that China’s top economic planning agency is likely to reject Sichuan Tengzhong’s bid to buy Hummer from General Motors. The National Development and Reform Commission (NDRC) says it is worried that Tengzhong doesn’t have enough experience and resources to run the Hummer SUV business.
The report also said that Hummer’s gas-guzzling SUV [...]

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Tengzhong to complete Hummer purchase by 3rd quarter, GM wants Saab dealers to sign new agreement

Posted: Jun 15, 2009

Filed under: GM, HUMMER, Industry News, Saab

Sichuan Tengzhong Heavy Industrial Machinery, the winning bidder for GM’s Hummer brand said that it expects the deal to be completed by October 2009.
The company’s general manager Yang Yi, said that Tengzhong has no plans to transfer Hummer equipment and technology to China from the United States. He said that the company also has no plans [...]