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Tengzhong, GM to seal Hummer deal Jun 28

Sichuan Tengzhong Machinery will sign a formal deal with General Motors on June 28 in the U.S. to acquire GM's Hummer brand, sina.com said yesterday.

Jun. 26 , 2009
Future auto market needs compact, energy-saving bulbsJun. 26 , 2009
Chery to launch hydrogen powered vehicle by 2012Jun. 25 , 2009
China carmakers to adopt eco-friendly coatings
Half of Ford's suppliers bite the dust
US court OKs Beijing West buying of Delphi assets
GM seeks investors' improved offers for Opel

General Motors has invited several investors to hand in improved offers for its European operations, it emerged on Wednesday, as the US carmaker tried to put the screws on Magna, the frontrunner for the stake.

Jun. 25 , 2009
Chery cuts stake in Quantum ventureJun. 25 , 2009
Toyota president says product lineup under reviewJun. 25 , 2009
GM asks Beijing Auto for enhanced offer for Opel
Magna plans to build three plants in Russia
China oil giant Sinopec to buy Addax for $7.3b
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