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AP source: GM to sell Hummer to Chinese company

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posted on Jun, 2 2009 @ 03:06 PM
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AP source: GM to sell Hummer to Chinese company


news.yahoo.com

DETROIT – General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manufacturer, while also revealing that it has potential buyers for its Saturn and Saab brands.

GM has an agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal.

The Detroit automaker announced Tuesday morning that it had a memorandum of understanding to sell the brand of rugged SUVs, but it didn't identify the buyer. A formal announcement of the buyer was to be made
(visit the link for the full news article)




posted on Jun, 2 2009 @ 03:06 PM
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Hummer is sold to the Chinese Hmmmm.

You do realize these are military vehicles. Would be the equivalent of selling the Jeep to the Axis during WWII. Our traitorous leaders moving our military infrastructure to China. Well ain't that grand!

These pencil neck paper pushing yuppies have a "For Sale" sign on the US. It's the only way they can keep raking in the huge salaries and bonuses they have become accustomed to receiving.

GM built tanks and military equipment for our country for decades. I guess now we'll have to ask the Chinese if it is OK if we can have some light armored vehicles.

Traitors all of them traitors. Simply because they cannot share in the profits with the workers. They would rather sell out their own country. Disgusting!!!!!

news.yahoo.com
(visit the link for the full news article)



posted on Jun, 2 2009 @ 03:08 PM
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posted on Jun, 2 2009 @ 03:14 PM
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reply to post by whoshotJR
 

Sorry did a search. However this is AP and not a blog or rumor. You decide...
Wish the search function worked better...



posted on Jun, 2 2009 @ 03:36 PM
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Please join the existing news thread on the topic found here:

www.abovetopsecret.com...

In addition to the search function you can use the NEWS Firehose on your toolbar above to see the latest Breaking Alt News threads


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