Future of HUMMER still on rocky ground

Tengzhong Heavy Industrial Machinery Company and General Motors (GM) last month announced the companies had signed a definitive agreement over the premium all-terrain HUMMER brand.

The Sichuan-based company will acquire the ownership of the brand, trademark and trade names, as well as specific rights to manufacture Hummers.

The buyer will also assume the existing dealer agreements relating to Hummer's dealership network. The deal is awaiting approval from the Chinese and United States governments.