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Tag: Hummer

GM Sells Bling-Bling Brand to Sichuan Tengzhong

By Chazwald, Section News
Posted on Wed Jun 03, 2009 at 11:05:33 AM EST
Tags: Obama, GM, Hummer, Economy (all tags)

Cross-posted at http://conservativecanvas.wordpress.com/

Amidst filing for Chapter 11 bankruptcy Monday, General Motors announced positive news regarding Arnold Schwarzenegger's choice vehicle, the Hummer.

The all-terrain military tank-like HUMVEE was originally produced by AM General. However the Hummer brand was later purchased by General Motors who has since expanded the line up to include several specialized sport utility beasts and pickup trucks (M.C. Keegan).

For years, the Hummer has been an icon of status and style. Many of Hollywood's elite celebrities have owned a Hummer including Paris Hilton, Mike Tyson, and of course Arnold Schwarzenegger (who at one point owned eight).

In contrast, some celebrities, including green-guru Al Gore and his "greenwashed" worshipers, have long since desired Hummer's demise. Their green-cultic-dream nearly became reality, but General Motors announced a tentative agreement with the Sichuan Tengzhong Heavy Industrial Machinery Company of China which would acquire the touted brand.

According to Fox News the "Sichuan Tengzhong deals in road construction, plastics, resins and other industrial products, but Hummer would be its first step into the consumer automotive business."

The news report went on to say:
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(476 words in story) Full Story