Your Search Returned 4 tagged news reports
China's Sichuan Tengzhong Heavy Industrial Machinery Co. hit a pothole in its bid to purchase the Hummer auto brand from General Motors Co., after Chinese regulatory authorities withheld approval and asked for more detail, according to reports Tuesday.
Tags: General Motors Co., Koenigsegg Group, Tengzhong, Saab Automobiles, China News Service
With two weeks left for the deadline on iron ore price negotiation, Brazil’s mining giant Vale expressed the importance of China’s market to its operations, easing the tense atmosphere and indicating desire to reach an agreement. "China makes up 70 %...
Tags: Chinalco, BHP Billiton, U.S, Ministry of Commerce, Taiwan, Rio Tinto, FDI, Yao Jian, hummer brand, Tengzhong
Barely days after GM and Sichuan Tengzhong Heavy Industrial Machinery announced the hurried deal, Chinese press and analysts are abuzz with talk to the effect that the two companies might have just about jumped the gun. ...
Tags: Jarring Notes, GMs Hummer deal, GM, Sichuan Tengzhong Heavy Industrial Machinery, Chinese press, analysts, two companies, Government of United States, Chinese Government, gas-guzzlers, Beijing, energy-efficient technologies, environment-friendly, acquisitions, pare down, Tengzhong, SUVs, USA, China, Blue Point Capital Partners, Chip Chaikin, its pretty unlikely, myVox
The new owner of GM's Hummer will be a Chinese company, identified as Chengdu-based Sichuan Tengzhong Heavy Industrial Machinery Company Ltd, according to GM. Tengzhong is a privately owned company which specialized in road equipment and maintenance...
Tags: Hummer.GM, Chinese, Sichuan, Tengzhong, acquisition, owner