GM to File for Bankruptcy in Next 5 Days

[cargirl1990]

apparently GM announced that there is a buyer secured for Hummer. they won't release the name at this juncture, but the deal is expected to close by september.

just read about that in the paper, online. there are at least 11 or 14 buyers who want to purchase the Saturn brand.

[ThisBlood147]

apparently GM announced that there is a buyer secured for Hummer. they won't release the name at this juncture, but the deal is expected to close by september.

I believe it's a Chinese company that is making the bid for Hummer.

[cmcpokey]

I believe it's a Chinese company that is making the bid for Hummer.

Sichuan Tengzhong Heavy Industrial Machinery Company Ltd.

Jalopnik - REPORT: Chinese Company Buying Hummer - Hummer

[cargirl1990]

I believe it's a Chinese company that is making the bid for Hummer.

Chinese people in a Hummer? that would be very interesting...

[Ferrer]

Spot on. Ferrer, you may have dreams of true live and let die capitalism but do you really think that that would be in the best interest of the US and even the world at this point? The unemployment rate would skyrocket if GM was liquidated and/or died a true death and that'd be an epic disaster.

No. Which is why controlled is/would be much better (BL didn't disappear immediately either). But I don't think they should be "let go" as if nothing happened.

[Wouter Melissen]

Chinese people in a Hummer? that would be very interesting...

Care to elaborate?

[cargirl1990]

Care to elaborate?

Chinese people don't grow to be tall people. Hummers are made for 300 pound North Americans. do u see what im getting at?

[LTSmash]

Chinese people don't grow to be tall people. Hummers are made for 300 pound North Americans. do u see what im getting at?

Really...

[cargirl1990]

Really...

thats inhancements

[LeonOfTheDead]

Chinese people don't grow to be tall people. Hummers are made for 300 pound North Americans. do u see what im getting at?

you should consider those who buy it, not those who own the company.

[Dino Scuderia]

I don't agree, btw, if it was all about the UAW, then why not to kill the UAW? Considering the Government is handling the situation, it should be a solution to be considered, no?

The UAW, and unions in general, are favored by the Democratic party who now have the White House and Detroit was governed by the same party.

So it isn't about what makes sense as usual with politics.

[ScionDriver]

Chinese people in a Hummer? that would be very interesting...

To be fair a large portion of the country is rural and mountainous with rocky unpaved roads, sounds like a Hummer to me (That is if they can harden up the H2 and H3 which were based on cushier, less hardcore off-road vehicles)

[ScionDriver]

I don't agree, btw, if it was all about the UAW, then why not to kill the UAW? Considering the Government is handling the situation, it should be a solution to be considered, no?

You make an interesting point, technically the government does not allow unions, or more specifically striking. In the 1980s all the air traffic controllers in this country went on strike (against the law) and were fired. But then again that was Reagan and he wasn't exactly blue-collar friendly.

[cargirl1990]

To be fair a large portion of the country is rural and mountainous with rocky unpaved roads, sounds like a Hummer to me (That is if they can harden up the H2 and H3 which were based on cushier, less hardcore off-road vehicles)

you should consider those who buy it, not those who own the company.

sorry peeps. i should of known better.

[john14]

Aren't Americans concerned that the United States of America has an 11 trillion dollar debt and the government are giving $10 billions of working TAXPAYERS money to the companies which have failed so badly like AIG and GM?