Chinese firm bidding for Hummer begins talks with the Chinese government
8 July 2009

Hummer’s proposed new owner Tengzhong has begun talks with the Chinese government in a bid to try and get its deal with GM approved.

A Tengzhong spokesman said: “We have already got in touch with the relevant government departments (for approval of the deal) and will keep in touch with them.”

The spokesman didn’t confirm how much progress had been made in the talks, however.

Twitter - follow

Tengzhong has been much criticised in the Chinese media for its attempts to buy Hummer.

Media reports claim the heavy machinery manufacturer is inexperienced in international business and it is a peculiar move at a time when China is trying to cut its CO2 output.

Under Chinese laws, any company wanting to buy an overseas firm for more than $100 million (£62 million) must get state approval.

See all the latest Hummer reviews, news and video

Mark Tisshaw

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK