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The remaining deal is for Hummer – a brand that’s virtually without value given the vast sums that have been kicking about Detroit and Washington over the last twelve months. Full Article at Motortorque.com
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Nov 25 (Reuters) - Chinese car maker Beijing Automotive Industry Holding Corp (BAIC) said on Wednesday it was reassessing the situation after a consortium it belonged to dropped a bid to buy General Motors' [GM.UL] Saab unit. Full Article at Reuters
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MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida. View Photo »
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The future of Saab was in doubt last night after General Motors (GM), its American parent, said that a deal to sell the troubled Swedish carmaker had fallen through. Full Article at Times Online
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It’s bad news for Copenhagen, but great news for Detroit: the Chinese have a seemingly insatiable lust for cars. Tax breaks have driven unprecedented sales and everyone is scrambling to get a piece of the action. Full Article at The National Newspaper
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What happened? Could it be that the Swedish government got antsy about the financing when it saw what GM did to Germany with Opel? Full Article at The Big Money
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MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida. View Photo »
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General Motors recently showed reporters and select members of the public what it plans to build over the next two years. NEW YORK (CNNMoney.com) -- GM could one day be Chinese owned. Full Article at CNN
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Tanks are the epitome of powerful military weaponry. Capable of blowing up city blocks in a single bound, tanks can face up to basically anything standing in their way. Full Article at Trend Hunter
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Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets on October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets on October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets on October 9, 2009 in Miami, Florida.
View Photo » -
Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
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Reuters Pictures
Sichuan Tengzhong Heavy Industrial Machinery Co. , Ltd CEO Yang Yi (L) and Hummer CEO Jim Taylor are pictured at Detroit Hummer in Southfield, Michigan on October 8, 2009.
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AP Photo
Hummer vehicles are seen on display at a Hummer dealership in Burlingame, Calif. , Friday, Oct. 9, 2009. Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker.
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AP Photo
A Hummer is on display with a GM sign in background at a Hummer dealership in Burlingame, Calif. , Friday, Oct. 9, 2009. Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker.
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Reuters Pictures
A visitor looks at a Chevrolet Camaro Bumblebee from General Motors during a local automobile exhibition in Shenyang, Liaoning province July 7, 2009.
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AP Photo
FILE - In this Wednesday, June 3, 2009 file photo, a man walks past an advertisement featuring a Hummer vehicle at an auto market in Beijing.
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AP Photo
Gov. Arnold Schwarzenegger discusses the fuel cell Volkswagon Passat, seen in background, accompanied by Volkswagen Group of America Inc's Anna-Maria Schneider, left, at the Capitol in Sacramento, Calif. on Wednesday, June 3, 2009.
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AP Photo
In this photo taken Wednesday, June 3, 2009, customers look at Hummer vehicles in a parking lot of an auto market in Beijing, China.
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Reuters Pictures
A salesman stands next to a Hummer for sale at an auto trading centre in Shanghai June 3, 2009.
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Reuters Pictures
A Hummer vehicle sits outside of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
A Hummer vehicle sits in the parking lot of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
A Hummer vehicle sits in the parking lot of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
A Hummer vehicle sits in the showroom of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
A Hummer vehicle sits in the parking lot of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
Hummer vehicles sit in the parking lot of a dealership in Scottsdale, Arizona June 2, 2009.
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Reuters Pictures
Hummer vehicles sit in the parking lot of a dealership in Scottsdale, Arizona June 2, 2009.
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Getty Images
MIAMI - OCTOBER 09: A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
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