342:
Heavy
Industrial Machinery Company Ltd., a machinery company in western China. Late Tuesday Sichuan Tengzhong itself posted it on their own website. The transaction was expected to close in the third quarter of 2009, subject to customary closing conditions and regulatory approvals. Financial terms of the agreement were not disclosed. Credit Suisse acted as exclusive financial advisor and Shearman&Sterling acted as international legal counsel to Tengzhong on this transaction. Citi acted as financial advisor to GM. Prior to the 2009 sale a handful of other Chinese automakers, including
360:, and that the deal had collapsed. The later stated the same and that they will discontinue the brand. Some reports were saying that Tengzhong would instead purchase it privately through the company's new supporter, J&A Tengzhong Fund SPC, a private equity investment fund owned by an offshore entity that was recruiting private investors to buy into its acquisition plan. At the time, even established companies were in difficulties. With them, small companies were also declining (including Tengzong). Also falling was Hummer's value, with lowered customer demand.
2322:
581:
2272:
341:
brand would be discontinued. However, the following day GM announced it had reached a deal to sell the brand to an undisclosed buyer. On 2 June 2009 GM announced the sale of Hummer to a non-disclosed
Chinese company. The New York Times reported Tuesday that the buyer would be the Sichuan Tengzhong
27:
2310:
353:
2435:
569:
2303:
349:
The deal include the continuation of manufacturing in the two plants that GM already used to produce the Hummer trucks until June 2011, with a possible extension until 2012.
2296:
2288:
562:
1227:
334:
363:
After that, some other buyers were approached to buy the brand, but those deals also failed. Finally, the Hummer brand was defunct on 24 May 2010.
547:
445:
2276:
2238:
1376:
555:
2131:
1129:
2430:
2208:
1676:
1671:
1205:
1200:
307:
2233:
1656:
767:
494:
1447:
1349:
1004:
220:
153:
51:
206:
139:
1607:
585:
1777:
866:
1901:
1217:
921:
861:
357:
1938:
1265:
2180:
2096:
1999:
1582:
1552:
1361:
885:
2440:
2355:
2141:
1867:
1437:
975:
285:
37:
2185:
1176:
1166:
876:
1109:
1232:
695:
1195:
422:
2367:
2060:
1666:
1452:
1381:
1366:
871:
343:
1965:
2055:
1713:
1529:
1398:
965:
596:
449:
47:
2081:
1994:
1906:
1703:
1222:
1190:
745:
606:
1260:
1302:
2121:
1987:
1612:
1277:
1242:
1077:
943:
892:
708:
527:
469:
1782:
690:
2253:
2151:
2106:
1792:
1602:
1171:
1114:
1058:
750:
601:
519:
314:
243:
176:
103:
2101:
2076:
2045:
2009:
2004:
1884:
1840:
1772:
1743:
1577:
1567:
1292:
1070:
958:
902:
703:
381:
481:
2218:
2126:
2111:
2091:
2031:
2021:
1926:
1921:
1872:
1845:
1708:
1698:
1572:
1562:
1139:
1082:
1026:
897:
673:
26:
2424:
2384:
2248:
2228:
2223:
2191:
1977:
1953:
1862:
1802:
1748:
1639:
1519:
1432:
1412:
1403:
1344:
1297:
1270:
1104:
1092:
999:
794:
680:
653:
2265:
N.B. Only companies and organisations from
Mainland China and Hong Kong are included
2040:
1857:
1835:
1661:
1494:
1354:
1287:
1097:
1087:
836:
730:
685:
303:
250:
183:
1036:
2086:
1933:
1622:
1472:
1457:
1417:
1327:
1181:
1124:
1053:
953:
841:
772:
760:
715:
668:
2335:
2213:
2116:
1948:
1916:
1524:
1467:
1393:
1307:
1255:
1151:
1134:
1065:
1031:
907:
784:
643:
322:
531:
2377:
1755:
1691:
1617:
1587:
1504:
1499:
1422:
1312:
1237:
1048:
989:
980:
970:
933:
346:, expressed interest in the brand, but all declined to make a formal offer.
318:
310:
409:
398:
2409:
2372:
2243:
2156:
1943:
1889:
1797:
1787:
1738:
1681:
1442:
1371:
1322:
1014:
994:
881:
738:
720:
2404:
2360:
2345:
2340:
2136:
2016:
1894:
1723:
1597:
1557:
1536:
1462:
1282:
1247:
948:
938:
926:
856:
824:
663:
300:
277:
74:
62:
2399:
2026:
1958:
1911:
1850:
1760:
1733:
1686:
1592:
1514:
1509:
1477:
1337:
1212:
1119:
814:
804:
799:
755:
648:
633:
338:
293:
2321:
1970:
1877:
1728:
1718:
1651:
1644:
1634:
1629:
1487:
1482:
1388:
1332:
1317:
1156:
1144:
1041:
1021:
1009:
914:
849:
831:
819:
809:
789:
779:
725:
638:
580:
281:
80:
2394:
2350:
2146:
2050:
1982:
1765:
296:
289:
2292:
551:
658:
114:
274:
Sichuan
Tengzhong Heavy Industrial Machinery Co., Ltd.
255:
188:
130:
Sichuan
Tengzhong Heavy Industrial Machinery Co., Ltd
495:"Tengzhong Seeks Private Equity Solution for Hummer"
2201:
2169:
2069:
1828:
1815:
1545:
626:
615:
249:
242:
237:
219:
205:
200:
182:
175:
170:
152:
138:
129:
109:
97:
87:
69:
57:
43:
33:
470:China's Changfeng had talks on GM's Hummer: source
440:
438:
436:
356:rejected Tengzhong's bid to purchase Hummer from
190:Sìchuān Téngzhōng Zhòng Gōngjīxiè Yǒuxiàn Gōngsī
421:Bradsher, Keith; Bunkley, Nick (2 June 2009).
380:Bradsher, Keith; Bunkley, Nick (2 June 2009).
313:. Sichuan Tengzhong has been moving more into
2436:Construction equipment manufacturers of China
2304:
2234:China Association of Automobile Manufacturers
563:
225:
211:
158:
144:
8:
423:"Chinese Company Buying G.M.'s Hummer Brand"
382:"Chinese Company Buying G.M.'s Hummer Brand"
20:Sichuan Tengzhong Heavy Industrial Machinery
19:
520:"G.M. to Close Hummer After Sale Collapses"
2311:
2297:
2289:
1825:
623:
570:
556:
548:
234:
167:
25:
18:
335:General Motors Chapter 11 reorganization
372:
2326:Heavy machinery manufacturers of China
126:
7:
16:Chinese road equipment manufacturer
2209:Plug-in electric vehicles in China
14:
352:On 24 February 2010, The Chinese
288:known for making a wide range of
2320:
2271:
2270:
579:
337:announcement, GM revealed that
256:
226:
212:
189:
159:
145:
1:
493:Dealbook (24 February 2010).
472:reuters.com, August 18, 2008
333:On 1 June 2009, as a part of
329:Aborted acquisition of Hummer
586:Automotive industry in China
518:Bunkley, Nick (2010-02-24).
2457:
2431:Companies based in Chengdu
922:Evergrande New Energy Auto
2331:
2262:
2000:Renault Brilliance Jinbei
1266:Nanjing Golden Dragon Bus
592:
284:. Sichuan Tengzhong is a
267:
233:
166:
134:
24:
1902:Dongfeng Peugeot-Citroën
1583:Changzhou Changjiang Bus
886:Dongfeng Fengxing Jingyi
221:Traditional Chinese
201:Alternative Chinese name
154:Traditional Chinese
2356:Shandong Heavy Industry
1868:Chery Jaguar Land Rover
1191:Jiangling Motor Holding
286:privately owned company
207:Simplified Chinese
140:Simplified Chinese
38:Privately owned company
2186:Volkswagen Group China
1177:JMC Heavy Duty Vehicle
101:Construction equipment
696:Brilliance Auto Group
257:Téng Zhōng Zhòng Gōng
2061:Spotlight Automotive
1699:Maple/Shanghai Maple
1382:Sinotruk (Hong Kong)
1167:Jiangling Investment
872:Dongfeng Motor Group
354:Ministry of Commerce
1530:Jiangnan Automobile
597:Automotive industry
292:equipment, such as
21:
2082:Changan Ford Mazda
1907:Dongfeng Yueda Kia
607:Transport in China
524:The New York Times
427:The New York Times
386:The New York Times
2418:
2417:
2286:
2285:
2165:
2164:
2132:Guangzhou Peugeot
2122:GAC Fiat Chrysler
1811:
1810:
1739:Shengyang Shenfei
1613:EuAuto Technology
1196:Jintan Auto Group
944:FAW Bus and Coach
908:Dongfeng Xiaokang
893:Dongfeng Fengshen
315:heavy-duty trucks
271:
270:
263:
262:
244:Standard Mandarin
196:
195:
177:Standard Mandarin
125:
124:
104:Heavy-duty trucks
2448:
2325:
2324:
2313:
2306:
2299:
2290:
2274:
2273:
2181:Honda Automotive
2152:Sanjiang Renault
2107:Dongfeng Renault
1826:
877:Dongfeng Liuzhou
624:
602:Economy of China
584:
583:
572:
565:
558:
549:
542:
541:
539:
538:
515:
509:
508:
506:
505:
490:
484:
479:
473:
467:
461:
460:
458:
457:
448:. Archived from
442:
431:
430:
418:
412:
407:
401:
396:
390:
389:
377:
259:
258:
235:
229:
228:
215:
214:
192:
191:
168:
162:
161:
148:
147:
127:
121:
118:
116:
29:
22:
2456:
2455:
2451:
2450:
2449:
2447:
2446:
2445:
2421:
2420:
2419:
2414:
2368:Shanghai Pengpu
2327:
2319:
2317:
2287:
2282:
2267:
2258:
2197:
2173:
2171:
2170:Subsidiaries of
2161:
2102:Dongfeng Fengdu
2097:Changzhou Iveco
2065:
2046:SAIC Volkswagen
1885:Dongfeng Nissan
1841:Beijing Hyundai
1821:
1819:
1817:
1807:
1541:
1367:Shandong Huoyun
1261:Min'an Electric
1071:Tangjun Ou Ling
903:Dongfeng Nengdi
619:
617:
611:
588:
578:
576:
546:
545:
536:
534:
517:
516:
512:
503:
501:
492:
491:
487:
480:
476:
468:
464:
455:
453:
444:
443:
434:
420:
419:
415:
408:
404:
397:
393:
379:
378:
374:
369:
331:
113:
102:
90:
83:
77:
52:Heavy equipment
50:
17:
12:
11:
5:
2454:
2452:
2444:
2443:
2441:Chinese brands
2438:
2433:
2423:
2422:
2416:
2415:
2413:
2412:
2407:
2402:
2397:
2392:
2387:
2382:
2381:
2380:
2370:
2365:
2364:
2363:
2353:
2348:
2343:
2338:
2332:
2329:
2328:
2318:
2316:
2315:
2308:
2301:
2293:
2284:
2283:
2281:
2280:
2263:
2260:
2259:
2257:
2256:
2251:
2246:
2241:
2236:
2231:
2226:
2221:
2219:Auto Guangzhou
2216:
2211:
2205:
2203:
2199:
2198:
2196:
2195:
2188:
2183:
2177:
2175:
2167:
2166:
2163:
2162:
2160:
2159:
2154:
2149:
2144:
2139:
2134:
2129:
2127:GAC Mitsubishi
2124:
2119:
2114:
2112:Dongfeng Yulon
2109:
2104:
2099:
2094:
2092:Changan Suzuki
2089:
2084:
2079:
2073:
2071:
2067:
2066:
2064:
2063:
2058:
2053:
2048:
2043:
2038:
2037:
2036:
2035:
2034:
2029:
2022:SAIC-GM-Wuling
2014:
2013:
2012:
2007:
1997:
1992:
1991:
1990:
1980:
1975:
1974:
1973:
1966:JAC Volkswagen
1963:
1962:
1961:
1951:
1946:
1941:
1936:
1931:
1930:
1929:
1922:FAW-Volkswagen
1919:
1914:
1909:
1904:
1899:
1898:
1897:
1892:
1882:
1881:
1880:
1873:Dongfeng Honda
1870:
1865:
1860:
1855:
1854:
1853:
1846:BMW Brilliance
1843:
1838:
1832:
1830:
1823:
1818:joint venture
1813:
1812:
1809:
1808:
1806:
1805:
1800:
1795:
1790:
1788:Yangcheng Auto
1785:
1780:
1775:
1770:
1769:
1768:
1758:
1753:
1752:
1751:
1741:
1736:
1731:
1726:
1721:
1716:
1711:
1706:
1701:
1696:
1695:
1694:
1684:
1679:
1674:
1669:
1664:
1659:
1654:
1649:
1648:
1647:
1637:
1632:
1627:
1626:
1625:
1615:
1610:
1605:
1600:
1595:
1590:
1585:
1580:
1575:
1573:Chang Jiang EV
1570:
1565:
1563:Borgward Group
1560:
1555:
1549:
1547:
1543:
1542:
1540:
1539:
1534:
1533:
1532:
1522:
1517:
1512:
1507:
1502:
1497:
1492:
1491:
1490:
1480:
1475:
1470:
1465:
1460:
1455:
1450:
1445:
1440:
1435:
1430:
1425:
1420:
1415:
1410:
1409:
1408:
1407:
1406:
1396:
1386:
1385:
1384:
1374:
1369:
1364:
1359:
1358:
1357:
1352:
1342:
1341:
1340:
1335:
1330:
1325:
1320:
1315:
1305:
1300:
1295:
1290:
1285:
1280:
1275:
1274:
1273:
1263:
1258:
1253:
1250:
1245:
1240:
1235:
1230:
1225:
1220:
1215:
1210:
1209:
1208:
1198:
1193:
1188:
1187:
1186:
1185:
1184:
1179:
1164:
1163:
1162:
1159:
1149:
1148:
1147:
1140:Human Horizons
1137:
1132:
1127:
1122:
1117:
1112:
1107:
1102:
1101:
1100:
1095:
1090:
1085:
1075:
1074:
1073:
1068:
1063:
1062:
1061:
1051:
1046:
1045:
1044:
1039:
1029:
1019:
1018:
1017:
1012:
1007:
1002:
997:
987:
986:
985:
984:
983:
978:
963:
962:
961:
956:
951:
946:
941:
931:
930:
929:
919:
918:
917:
912:
911:
910:
905:
900:
898:Dongfeng Nammi
895:
890:
889:
888:
869:
859:
854:
853:
852:
847:
839:
834:
829:
828:
827:
822:
817:
812:
807:
802:
797:
792:
787:
777:
776:
775:
765:
764:
763:
758:
753:
743:
742:
741:
736:
733:
728:
723:
713:
712:
711:
706:
701:
693:
688:
683:
678:
677:
676:
674:Yinxiang Group
671:
666:
661:
656:
651:
641:
636:
630:
628:
621:
613:
612:
610:
609:
604:
599:
593:
590:
589:
577:
575:
574:
567:
560:
552:
544:
543:
510:
485:
474:
462:
432:
413:
402:
391:
371:
370:
368:
365:
358:General Motors
330:
327:
269:
268:
265:
264:
261:
260:
253:
247:
246:
240:
239:
238:Transcriptions
231:
230:
223:
217:
216:
209:
203:
202:
198:
197:
194:
193:
186:
180:
179:
173:
172:
171:Transcriptions
164:
163:
156:
150:
149:
142:
136:
135:
132:
131:
123:
122:
111:
107:
106:
99:
95:
94:
91:
88:
85:
84:
79:
73:
71:
67:
66:
59:
55:
54:
45:
41:
40:
35:
31:
30:
15:
13:
10:
9:
6:
4:
3:
2:
2453:
2442:
2439:
2437:
2434:
2432:
2429:
2428:
2426:
2411:
2408:
2406:
2403:
2401:
2398:
2396:
2393:
2391:
2388:
2386:
2385:Taiyuan Heavy
2383:
2379:
2376:
2375:
2374:
2371:
2369:
2366:
2362:
2359:
2358:
2357:
2354:
2352:
2349:
2347:
2344:
2342:
2339:
2337:
2334:
2333:
2330:
2323:
2314:
2309:
2307:
2302:
2300:
2295:
2294:
2291:
2279:
2278:
2269:
2268:
2266:
2261:
2255:
2252:
2250:
2249:Weichai Power
2247:
2245:
2242:
2240:
2237:
2235:
2232:
2230:
2229:Automechanika
2227:
2225:
2224:Auto Shanghai
2222:
2220:
2217:
2215:
2212:
2210:
2207:
2206:
2204:
2200:
2193:
2192:Giga Shanghai
2190:Tesla China (
2189:
2187:
2184:
2182:
2179:
2178:
2176:
2168:
2158:
2155:
2153:
2150:
2148:
2145:
2143:
2140:
2138:
2135:
2133:
2130:
2128:
2125:
2123:
2120:
2118:
2115:
2113:
2110:
2108:
2105:
2103:
2100:
2098:
2095:
2093:
2090:
2088:
2085:
2083:
2080:
2078:
2075:
2074:
2072:
2068:
2062:
2059:
2057:
2054:
2052:
2049:
2047:
2044:
2042:
2039:
2033:
2030:
2028:
2025:
2024:
2023:
2020:
2019:
2018:
2015:
2011:
2008:
2006:
2003:
2002:
2001:
1998:
1996:
1993:
1989:
1986:
1985:
1984:
1981:
1979:
1978:Jiangxi Isuzu
1976:
1972:
1969:
1968:
1967:
1964:
1960:
1957:
1956:
1955:
1952:
1950:
1947:
1945:
1942:
1940:
1937:
1935:
1932:
1928:
1925:
1924:
1923:
1920:
1918:
1915:
1913:
1910:
1908:
1905:
1903:
1900:
1896:
1893:
1891:
1888:
1887:
1886:
1883:
1879:
1876:
1875:
1874:
1871:
1869:
1866:
1864:
1863:Changan Mazda
1861:
1859:
1856:
1852:
1849:
1848:
1847:
1844:
1842:
1839:
1837:
1834:
1833:
1831:
1827:
1824:
1822:manufacturers
1814:
1804:
1803:Youxia Motors
1801:
1799:
1796:
1794:
1791:
1789:
1786:
1784:
1781:
1779:
1776:
1774:
1771:
1767:
1764:
1763:
1762:
1759:
1757:
1754:
1750:
1747:
1746:
1745:
1742:
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1350:China Flxible
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1105:GreenWheel EV
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1037:Lynk & Co
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620:manufacturers
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452:on 2009-06-08
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2157:Shenfei Hino
2142:Nanjing Fiat
2041:SAIC Hongyan
1858:Changan Ford
1836:Beijing Benz
1816:Sino-foreign
1427:
1355:Huanghai Bus
1206:Jingma Motor
731:Fangchengbao
535:. Retrieved
523:
513:
502:. Retrieved
498:
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477:
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454:. Retrieved
450:the original
426:
416:
405:
394:
385:
375:
362:
351:
348:
332:
317:, including
304:construction
276:is based in
273:
272:
251:Hanyu Pinyin
184:Hanyu Pinyin
160:四川騰中重工機械有限公司
146:四川腾中重工机械有限公司
117:.sctengzhong
70:Headquarters
34:Company type
2087:Changan PSA
1934:Fujian Benz
1623:Tianjin FAW
1473:Xiaomi Auto
1458:WindBooster
1453:Weltmeister
1418:Sunlong Bus
1328:Rising Auto
1182:JMC Yusheng
954:FAW Jiefang
842:Dayun Group
773:Bonluck Bus
761:Tiger Truck
716:BYD Company
323:oil tankers
308:maintenance
89:Area served
2425:Categories
2254:Zhongsheng
2214:Auto China
2117:Europestar
1949:GAC Toyota
1917:FAW Toyota
1744:Shuanghuan
1468:Wuzhoulong
1394:DFSK Motor
1256:Mudan Auto
1252:Lishan Bus
1078:Great Wall
1032:Geely Auto
768:CHTC Motor
700:Brilliance
644:BAIC Group
537:2019-08-05
504:2019-08-05
456:2009-06-02
367:References
344:Chang Feng
319:tow trucks
48:Automotive
2390:Tengzhong
2378:YTO Group
2239:TJ Innova
2174:companies
1954:GAC Honda
1756:Singulato
1618:FAW Jilin
1578:Changfeng
1520:Zhongtong
1500:YTO Group
1428:Tengzhong
1423:Techrules
1313:IM Motors
1303:Rox Motor
1238:Leapmotor
981:Higer Bus
971:King Long
532:0362-4331
482:(Reuters)
311:machinery
93:Worldwide
2410:Zoomlion
2373:Sinomach
2277:Category
2244:Wanxiang
2172:foreign
2056:Silk-FAW
1988:Mobilize
1944:GAC Hino
1890:Infiniti
1798:Youngman
1749:Red Star
1714:Polarsun
1682:Landwind
1443:Wanxiang
1377:Sinotruk
1372:Sinogold
1293:Qingling
1233:Kingstar
1015:Trumpchi
882:Forthing
862:Dongfeng
739:Yangwang
616:Chinese
499:DealBook
410:NBC News
399:NBC News
98:Products
44:Industry
2405:Zhenhua
2361:Shantui
2346:Lonking
2341:LiuGong
2137:Leahead
2017:SAIC-GM
2005:Huasong
1895:Venucia
1829:Current
1820:vehicle
1793:Yangtse
1783:Weiwang
1778:Wanfeng
1724:Rayttle
1704:Nanjing
1662:Huayang
1640:Hanteng
1603:Enovate
1598:Emgrand
1558:Bordrin
1553:Baolong
1537:ZX Auto
1463:Wuzheng
1448:Weichai
1438:Wanshan
1362:Shacman
1283:Niutron
1248:Li Auto
1218:Joylong
1161:Maextro
1005:GAC Bus
949:FAW Car
939:Bestune
927:Hengchi
857:Dial EV
825:Soueast
746:Changan
735:Songsan
691:BeyonCa
664:Changhe
627:Current
618:vehicle
301:highway
278:Chengdu
110:Website
75:Chengdu
63:Chengdu
58:Founded
2400:Yutong
2077:Dongvo
2070:Former
2032:Wuling
2027:Baojun
2010:Jinbei
1995:Naveco
1959:Everus
1939:Fukang
1912:FAW-GM
1851:Zinoro
1761:SiTech
1734:Senova
1687:Levdeo
1667:Huoyun
1608:Etsong
1593:Dorcen
1546:Former
1515:Zedriv
1510:Yutong
1495:Yaxing
1478:Xinkai
1338:Sunwin
1288:Qiantu
1213:Jonway
1130:Henrey
1125:Heibao
1120:Hawtai
1000:Denway
959:Hongqi
846:Dayang
815:Luxeed
805:Jetour
800:Jaecoo
756:Deepal
704:Jinbei
686:BeiBen
649:Arcfox
634:Aiways
530:
446:"腾中重工"
339:Hummer
294:bridge
61:2005 (
2202:Other
1971:Sehol
1927:Jetta
1878:Ciimo
1729:Riich
1719:Qoros
1709:Oshan
1672:JMCGL
1652:Huali
1645:Hunkt
1635:Hafei
1630:Gonow
1568:Byton
1525:Zotye
1488:Foday
1483:XPeng
1399:Seres
1389:Sokon
1333:Roewe
1318:Maxus
1243:Lichi
1228:Kawei
1223:Kandi
1157:Ankai
1145:HiPhi
1135:Hozon
1115:Haima
1110:Grove
1083:Haval
1066:Radar
1059:Livan
1054:Lifan
1042:Zeekr
1022:Geely
1010:Hycan
915:Voyah
850:Dayun
832:Ciwei
820:Omoda
810:Karry
790:Exeed
785:Cowin
780:Chery
751:Avatr
726:Denza
669:Foton
639:Aoxin
297:piers
282:China
81:China
2395:XCMG
2351:Sany
2336:Heli
2147:Ranz
2051:SDLG
1983:JMEV
1773:Soar
1766:Gyon
1692:Yema
1588:Dadi
1505:Yudo
1413:Suda
1404:AITO
1308:SAIC
1201:JMCG
1093:Tank
1049:Jidu
1027:CAMC
995:Aion
867:DFAC
795:iCar
528:ISSN
321:and
306:and
290:road
227:騰中重工
213:腾中重工
119:.com
1677:JTC
1278:Nio
1172:JMC
1152:JAC
1098:Wey
1088:Ora
990:GAC
934:FAW
837:CNJ
721:BYD
709:SWM
659:BAW
115:www
2427::
1345:SG
1323:MG
526:.
522:.
497:.
435:^
425:.
384:.
325:.
299:,
280:,
78:,
2312:e
2305:t
2298:v
2194:)
884:/
571:e
564:t
557:v
540:.
507:.
459:.
429:.
388:.
65:)
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