Tengzhong may finalize Hummer contract 'soon'
China Daily | Updated: 2009-10-10 08:43
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The sale of Hummer to Tengzhong, if completed, would mark the first major Chinese acquisition of a US auto brand. CFP |
Sichuan Tengzhong Heavy Industrial Machinery Co Ltd may soon finalize a deal with General Motors Corp to buy its Hummer line of sport utility vehicles for about $150 million, Reuters reported.
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