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The U.S. auto industry is still reeling from the latest, most unexpected chapter in the Chrysler/GM bankruptcy saga. Now the iconic American brand, Hummer, is being sold to a virtually unknown Chinese company from earthquake-ravaged Sichuan province. The buyer, Sichuan Tengzhong Heavy Industrial Machinery Company is based in Chengdu and it has no experience in [...]
Posted by Jim Trippon on Thursday, June 4, 2009 at 11:16 pm
Filed under china stocks · Tagged AMC Jeep, Chery, China Economy, China Markets, china stock market, chinese stimulus package, chinese stock market, Chrysler bankruptcy, Geely, GM, GM bankruptcy, hummer, Investment China, MG Rover Group ltd, Sichuan Tengzhong Heavy Industrial Machinery Company, Ssangyong Motor Co, volkswagen
