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	<title>Carguide Blog &#187; Sichuan Tengzhong Heavy Industrial Machinery</title>
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	<description>Car sense for the masses...</description>
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		<title>GM Hummer Deal Reached with China&#8217;s Sichuan Tengzhong</title>
		<link>http://carguideblog.com/116/116/</link>
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		<pubDate>Sat, 10 Oct 2009 01:48:48 +0000</pubDate>
		<dc:creator>Vincent Van</dc:creator>
				<category><![CDATA[INDUSTRY NEWS]]></category>
		<category><![CDATA[Deal Reached]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Hummer Sell-off]]></category>
		<category><![CDATA[Sichuan Tengzhong Heavy Industrial Machinery]]></category>

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		<description><![CDATA[Finally a deal has struck between General Motors  and China&#8217;s Sichuan Tengzhong Heavy Industrial Machinery.  The agreement for GM to offload Hummer onto the Chinese company.  The deal reached with Tengzhong taking an 80 percent stake and a private investor consuming the rest.  GM will make about $150 million through this deal.  The deal has [...]
No related posts.]]></description>
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