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"We're not today in a position to be able to identify a buyer. It was part of the agreement," GM Chief Executive Fritz Henderson told CBS's "The Early Show." "We believe the buyer is quite capable of closing." The New York Times reported Tuesday that the buyer would be a machinery company in western China, The Sichuan Tengzhong Heavy Industrial Machinery Company Ltd., that would like to become an automaker. The story cited a person who insisted on anonymity.