Hot News – Hummer to Chinese machinery manufacturer Tengzhong

Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong.

The questions being raised now concern what is happening on the other side of the Pacific. The Chinese Commerce Ministry reportedly hasn’t received Tengzhong’s application to officially bring Hummer home, which has led observers to wonder if there will be a holdup or reversal of the deal.