A little-known Chinese machinery manufacturer has begun to seek regulatory approval for its purchase of the distressed Hummer brand from General Motors. It aims to close the deal by early next year. This is the first major foray by the Chinese into the struggling U.S. auto market. Sichuan Tengzhon Heavy Industrial Machinery hopes to turn Hummer into a more fuel efficient, environmentally friendly brand.
Chinese Firm Aims To Make Hummers More Efficient
News & Features National Public Radio · NPR ·