Introduction: An investigation into the strength of Tengzhong Heavy Industries, behind Tengzhong is Sichuan Huatong. Tengzhong cannot profit from Hummer in the U.S., so how should it manage Hummer? We will only know in September if a factory will be built in China.
On June 2, multiple American media outlets reported that the famous off-road brand "Hummer," under the shadow of General Motors' troubles, was about to be acquired by a "connoisseur" far away in China. According to Reuters, General Motors has reached a preliminary agreement to sell the Hummer (Hummer) brand to Sichuan Tengzhong Heavy Industries (hereinafter referred to as "Tengzhong Heavy Industries") Machinery Co., Ltd.
On June 3, this news was initially confirmed by Tengzhong Heavy Industries. "Tengzhong Heavy Industries has indeed engaged in in-depth negotiations with General Motors for the strategic acquisition of Hummer." Tengzhong Heavy Industries pointed out...