Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / China

GM To Shed Brands One Way Or Another

February 2010 | Company News Alert

General Motors Company (GM) has almost completed the divestment of four brands to be cut loose under its restructuring, following the news that it will discontinue the Hummer SUV brand. A statement from GM claims that China's Sihuan Tengzhong Heavy Industrial Machines 'was unable to complete the acquisition', despite the two sides reaching a deal in June

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