Which Chinese company acquired Hummer?
1 Answers
Hummer was not successfully acquired and is currently out of production. Brand Background: Hummer (American automotive brand), Hummer is a car brand produced by the American GM company, mainly manufacturing military vehicles and off-road vehicles. The brand gained worldwide fame for producing the Hummer. The founder of GM, Ute, was a bicycle manufacturer who established the Overland automotive division in 1903. In 1908, John Willys purchased the Overland automotive division and founded the Willys-Overland Motor Company in 1912, producing Willys-Knight cars. In 2009, Tengzhong Heavy Industrial Machinery's attempt to acquire Hummer from General Motors ended in failure. Overview of Domestic Hummer: The domestic Hummer refers to the Hummer vehicles proposed for production by Sichuan Tengzhong Heavy Industrial Machinery after acquiring the Hummer brand, with fuel efficiency being its main feature. On the afternoon of June 8, 2009, the company linked to a 'Confidence in Acquisition' website on its official website and issued a statement saying that after the acquisition, it would establish a production base in China at an appropriate time and focus on energy conservation and environmental protection as the direction of research and development.