SAD times for HUMMER

Hummer hit the streets for civilian use in 1992 while owned by AM General LLC, which makes Humvees for the U.S. Army, and California Gov. Arnold Schwarzenegger was among the first customers.


The brand, whose smallest model gets 16 miles per gallon (14.7 liters per 100 kilometers) in combined city and highway driving, sold well until the middle part of this decade when fuel prices began to rise. Sales peaked at 71,524 in 2006.


But only 8,193 Hummers have been sold in the U.S. through the first nine months of the year. That's down 64 percent from a year earlier. And only 426 Hummers were sold nationwide last month, according to Autodata Corp.


More: http://finance.yahoo.com/news/Iconic-Hummer-brand-sold-to-apf-2907039406.html?x=0
 
HUMMER HISTORY

June 2009 — China's Sichuan Tengzhong Heavy Industrial Machinery Co. announces it is buying the Hummer brand pending regulatory approval.

Oct. 9, 2009 — GM and Tengzhong announce that they have signed a definitive sales agreement, subject to approval of Chinese and U.S. regulators. Tengzhong would get 80 percent of Hummer while Hong Kong investor Suolang Duoji will take the remaining 20 percent.


Ummm.. Buster, can you explain the difference between June and October's announcements?

Both seem to be the same- announcements of a sale to the Chinese company- "pending regulatory approval".

"Pending regulatory approval" is geek=speak for "if the communist chinese leaders get a cut".

All I can see, is the first one was just to put money in the pockets of the key communist Chinese government leaders responsible or Tengzhong, and the second announcement just spreads a bit more of kickback to another chinese communist party leader/ investor- Suolang Duoji. Other than that, I don't see much difference between the two- In neither announcement is it a "done deal".


Mr. Suolang Duoji has been a member of Zigong Committee of National Committee of the Chinese People’s Political Consultative Conference (中國人民政治協商會議四川自貢市委員會) since 2003 and the deputy chairman of the third council of Zigong Overseas Friendship Association (自貢海外聯誼會) from 2005 onwards. Mr. Suolang Duoji is the chairman of Top Promise and the chairman of Haton Polymer & Fibre Corp, which is engaged in the production and development of PPS resin, PPS compounds and PPS fibre. He was appointed as a non-executive Director on January 2, 2008.
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Sad, but I will buy NO Chinese autos!!:cool:
Selling our biggest manfacturing companies to other countries? If things are so bad and we can't make money manfacturing automobiles, how will the chinese do it? I know, cheap labor, cheap steel (which is just that, lookout for the rust!) the best steel WAS MADE IN the USA, low tariffs, a gift form the people of the USA!!:notrust:
57chevy.jpg
 
At least HUMMERS will still be made by American Labor and that the HUMMER name will live on a few more years...Think of it as when Jaguar and Land Rover was owned by FORD..the Brits still built the cars.

Don't get me wrong, I still hate the idea of a Chinese company rules the brand now..I say GM caved into the Liberal greenies, teehugging, leaflicking bastards in Washington that wanted this so called gas guzzler off the road if the US Gov was to help them out with the bailout...It was extortion in my book...yet GM keeps the Tahoe, Cadillac Escalade, GMC Yukon, Corvette, etc..Not one of them save any more gas than the HUMMER..so you can see what went on.
 
Ummm.. Buster, can you explain the difference between June and October's announcements?

Both seem to be the same- announcements of a sale to the Chinese company- "pending regulatory approval".



[

June 2009 — China's Sichuan Tengzhong Heavy Industrial Machinery Co. announces it is buying the Hummer brand pending regulatory approval.

Oct. 9, 2009 — GM and Tengzhong announce that they have signed a definitive sales agreement, subject to approval of Chinese and U.S. regulators. Tengzhong would get 80 percent of Hummer while Hong Kong investor Suolang Duoji will take the remaining 20 percent.
Com-mon Jim..Don't be playing coy..the wording is quite different...Oct ..it was signed a DONE DEAL finally..up till then it was in question... I thought you were smarter than that.:rolleyes:
 
Com-mon Jim..Don't be playing coy..the wording is quite different...Oct ..it was signed a DONE DEAL finally..up till then it was in question... I thought you were smarter than that.:rolleyes:

No, the second one doesn't say it's a done deal. Google around a few places, and you'll find that there are still things which are not closed yet in this deal.

I looked at it, and was trying to figure out why they would make such an announcement. It still says "pending regulatory approval" on both sides of the pacific--both government's have to approve. The only difference I could find anywhere on both announcements was the inclusion of the additional senior communist party member in the second one.

I am thinking that since Hummer production was curtailed, and tney said no more Hummer money would be spent until they closed a deal, that this is an attempt by GM to try and make like a deal has been closed, and therefore allow them to restart production at Shreveport, and start throwing money at redesign costs for the future. I may be wrong, but I think that this announcement is more about "saving face" and trying to get permission to restart production and development of new models, than it is about a real deal.

I don't see any Chinese money flowing yet. That's all I am saying. I think this announcement is just an attempt to get the U.S. government to authorize money to restart production here. That's what I am thinking.

From the news article I clipped:
Financial terms were not disclosed, although a person briefed on the deal said the sale price was around $150 million. The person did not want to be identified because the terms were being kept private. GM's bankruptcy filing last summer said that the brand with military roots could bring in $500 million or more.

Suolang Duoji also is the controlling shareholder and chairman of Lumena Resources Corp., a Hong Kong listed mining company.

GM and Tengzhong said in a statement that the transaction still must be approved by the U.S. and Chinese governments. Chinese regulators initially expressed reservations about Tengzhong's ability to run such an enterprise.

Hummer's current management team will stay with the new company, which will be headquartered either in Detroit or suburban Auburn Hills, Mich.
James Taylor, the GM executive who has run Hummer recently, will remain as its chief executive officer.

Taylor said in an interview with The Associated Press that he knows resurrecting the brand will be difficult, but the key will be quickly rolling out more fuel-efficient models that get over 20 mpg.

"I'm not in any kind of denial that we have a very steep uphill challenge in front of us," Taylor said.

Hummer, he said, has been in a state "suspended animation" since June 2008 when GM announced it would be reviewed for sale or closure. Since then, its future has been uncertain and it got no marketing support or new products. Financing for leases, a big part of its luxury market, also dried up, Taylor said.
Could be interesting. GM says they can make Hummers at Shreveport through 2012. After that, they have to find someplace else. The Penske deal for Saturn was the same thing- they had to get someone else to manufacture them after 2011. Penske couldn't find anyone who wanted to make Saturns at the right price. I am thinking that the Chinese Company is going to end up being the one who builds Hummers after 2012 in a Chinese plant.

We'll see how things work out.
 
If that's what you think..I like it..at least the labor will be US AMERICAN jobs..who cares at this point who signs the checks for our people to have an income again.

At least HUMMERS will still be made by American Labor and that the HUMMER name will live on a few more years...Think of it as when Jaguar and Land Rover was owned by FORD..the Brits still built the cars.

Don't get me wrong, I still hate the idea of a Chinese company ruling the brand now..I say GM caved into the Liberal greenies, teehugging, leaflicking bastards in Washington that wanted this so called gas guzzler off the road if the US Gov was to help them out with the bailout...It was extortion in my book...yet GM keeps the Tahoe, Cadillac Escalade, GMC Yukon, Corvette, etc..Not one of them save any more gas than the HUMMER..so you can see what went on.
 
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Chinese Hummer will run on E85.

From today's "Business in China":


Hummer to become more environmentally-friendly

Published: 11 Oct 2009 10:02:01 PST
By Cong Mu


Hummer will commit to its target of becoming the first automaker to offer alternative fuel powertrains across its entire vehicle lineup after its pending sale to Tengzhong.

Analysts still have mixed views on how well the green Hummer will play in China.

Sichuan Tengzhong Heavy Industrial Machinery signed a definitive agreement with GM Friday to acquire the US automaker's premium all-terrain Hummer business.

According to the agreement, Hummer will add E85 FlexFuel capability to 2010 H3 and H3T models, GM, Hummer's parent company, said in a press release. The SUV maker has already introduced E85 into its H2 and H2 SUT models in the US.

E85 consists of 85% ethanol and 15% gasoline and is a mostly renewable fuel that can be made from biodegradable wastes and plants, GM said on its website.

In the US, there are already over 7 million E85-capable vehicles on the road, according to GM.

However, due to certain regulations and the lack of infrastructure, ethanol fuel is not used widely in China, said Zhu Xiaoqing, communication manager of the Denmark-based Novozymes (China) Investment, a leading innovator of bioethanol fuels.

There are only a few provinces trying out E10 (10% ethanol), and E85 is far from application, though experiences in Western countries show that E85 can significantly reduce car emissions, Zhu said.

More: http://news.alibaba.com/article/det...mer-become-more-environmentally-friendly.html
 
Now that Tengzhong has reached a definitive agreement to purchase the HUMMER brand from General Motors, plans for the brand’s future are coming to light including more fuel-efficient technology and renewable fuel models.
“Tengzhong has been aware of the importance of energy-efficient vehicles,” said Yang Yi, CEO of Tengzhong, in an interview with China Daily. “A series of fuel-efficient vehicles including electric and renewable fuel models have already been under development. And environmentally-friendly products will be introduced to the market soon.”
Prior to the brand’s sale, HUMMER began exploratory work on the feasibility of plug-in hybrid technology in an H3. One electric HUMMER has been touring the country and undergoing testing of the component durability and packaging. “We will continue to study the impact that plug-in hybrid technology has on the durability and vehicle capability in the off-road environment,” said HUMMER CEO Jim Taylor in our first “Ask Jim” section.
Talk about renewable fuel models hasn’t been as explicit, and we assume that it doesn’t mean e85-capable models which have been available in the H2 since last year and will make their H3 introduction when 2010 models begin production for the United States.
There has also been discussion of diesel engines in the H3, opening the door for renewable biodiesel. “Diesel engines seem to be a natural fit for HUMMER and are one of the best ways available today to increase both efficiency and performance,” said Taylor. “We are finalizing emissions testing on a diesel H3 that will be available outside North America next year. Our next task will be to identify a diesel that meets the stringent U.S. emission standards and bring it to market as quickly as possible.”
Tengzhong has a lot on its plate with its purchase of HUMMER. The speed at which they can develop these new powertrain options and bring new vehicles such as the HX concept to market will be one of the key factors in how successful the HUMMER brand transition will be judged.

HUMMERYangYi_JimTaylor.jpg



courtesy www.hummerguy.net
 
With Shreveport, Louisiana’s GM plant scheduled to be shut down by 2012, Mayor Cedric Glover is in China this week to tout the benefits of keeping HUMMER production in his town in the long-term. Doing so would retain jobs in Shreveport, and also keep the large, limited-use facility humming for years to come.
Currently, the Shreveport plant produces the HUMMER H3, H3T, as well as the Canyon and Colorado pickup-trucks. Just over two years ago, GM spent around $70 million to expand the facility for H3T production. After the HUMMER deal is finalized, production tooling from GM’s South Africa plant will be transported to the Shreveport plant, where production of HUMMER’s international, right-hand-drive models will begin.
Mayor Glover will take part in a three-day economic conference, where officials from several countries, the World Bank, Forbes 500 companies, and even the United Nations will be in attendance. To the benefit of Louisiana taxpayers, the Chinese Government is footing the bill for Glover and his wife to attend.
“We hope to come back with a full list of individuals from China that we can call upon as we look to complete the Hummer transaction,” Glover told the Shreveport Times earlier this week. “We will certainly be looking to connect with companies, groups, individuals who may have some interest in Shreveport from a business standpoint.”
Glover also mentioned he’ll bring some levity to the group by taking along some wind-up HUMMER toys to hand out.
Following his trip to China, Mayor Glover will travel to Washington D.C. to further bolster his city’s chances of retaining HUMMER manufacturing for the long-term.


courtesy www.hummerguy.net
 
A limited run of HUMMER H3 and H3T models will begin this coming Monday at GM’s HUMMER plant in Shreveport, Louisiana according to those familiar with the matter. Following the limited run, regular production will resume on November 9th.
Originally, dealers were told that production wouldn’t begin until November, and even though this only puts everyone a week ahead of schedule, dealers will be excited about having new inventory earlier than expected.
The Shreveport plant is also gearing up for global production, which depending on the destination country, could start soon. Building for left-hand-drive nations will only take some minor adjustments to the current equipment, but building right-hand-drive HUMMERs will take a more time and more equipment.
Currently, the plant equipment used to make these models in South Africa is being dismantled and shipped to Shreveport. Originally, the Shreveport plant only produced models bound for North America, but will now build H3s for all the 39 countries that have HUMMER distribution.
Moving global production to Shreveport is good news for the plant workers, who also make the Chevy Colorado and GMC Canyon – production of which has been somewhat sporadic due to the Cash for Clunkers program.


courtesy www.hummerguy.net
 
Oh Sure!, This is fair..:mad: For the words "Hybrid Owner", insert the word "Progressive"

"If you drive a hybrid, alternative-fuel, or zero-emissions vehicle in Cedar Rapids, Iowa – you’ll soon get the privilege of parking in the most convenient spots in the city’s garages. One of the city’s engineers, Sandy Pumphrey, says he hopes it will make people think twice about bringing vehicles like a HUMMER downtown. But is that an appropriate policy?
In addition to the posh spots, the city is also installing electrical lines for electric vehicle owners to recharge their batteries at the City’s (read: taxpayer’s) expense.
First let me say that I’m not against hybrid or all-electric vehicles, and in fact, I’m quite excited that development is already underway of alternative-power HUMMER vehicles. What I am against is cities and governments giving preferential treatment to anyone on the basis of a vehicle purchase in order to bring about change.
If the city of Cedar Rapids was really concerned about bringing change that people care about, maybe they should look at what citizens are actually concerned about and adopt a parking policy around that.
Below are the results from a CNN poll that asked participants what they thought was the most important issue facing America today.
1) The Economy – 47%
2) Health Care – 17%
3) Wars in Iraq and Afghanistan – 12%
4) Federal Budget Deficit — 11%
5) Education – 6%
6) Terrorism – 4%
7) Energy Policy—2%
Based on these results, Cedar Rapids should give preferential treatment to:
1) Any business owner who has created 5 or more local jobs in the last 6 months
2) Doctors, Nurses, and other workers that save lives
3) Military Men and Women, both current and former
4) Anyone who pays more than $20k in taxes
5) Teachers, school counselors, and their support staff
6) All federal and local agencies (homeland security, police, fire, EMS) that would help during a terrorist attack.
These are six groups that are taking on issues that 97% of Americans think are more important than energy policy. Most would agree that each of these groups is more deserving of preferential treatment, (even though the jury may still be out on #4), regardless of what they drive.
Even though these groups may be more deserving, they are the groups that would never ask or even suggest they should get preferential treatment based on what they do. Unfortunately, it’s apparent the same cannot be said for many hybrid owners who have adopted a ‘holier-than-thou’ attitude."
courtesy www.hummerguy.net
 
A little harsh there Buster, don't cha think?

Why don't you write to Cedar Rapids and send them your suggestion? It might work. I'd love to see reserved parking spaces as you ( and Hummerguy) have outline there. Now is the time to suggest it- Cedar Rapids is still rebuilding from the great flood that happened there last year.

Well the good news is the renewable fuel E85 H3 Hummer is not far off- and, by your story- a biodiesel isn't far away. If they just can find a diesel engine to power Hummer that meets U.S. emission standards- they might be able to do a biodiesel hummer shortly.

I run biodiesel in my tractor- and E85 in my car. Both support American farmers-- and buying American is a good thing.
 
that poor girl, she looks far more unhappy than "bad". I'd be unhappy in those painful looking shoes too.
 
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