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GM's Hummer Brand To Be Sold To a Chinese Company

kdawson posted more than 5 years ago | from the crash-diet dept.

Transportation 429

An anonymous reader writes in to note that GM will sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, a little-known industrial firm. For now, the deal will save 3,000 jobs in the US. (The military HumVees are made by a separate company and are not involved in this deal.) "As part of the deal, some GM plants will continue to build the Hummer brand for the new owner, at least for awhile. The company said its Shreveport, La., plant will keep building Hummers for the new owner until at least 2010. ... GM said it sold 5,013 Hummers worldwide in the first quarter, down 62% from the 13,050 that it sold in the same period the prior year." AP coverage has more details on GM's planned divestitures, including the shedding of Pontiac, Saturn, and Saab.

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An excellent company name (5, Funny)

hattig (47930) | more than 5 years ago | (#28189081)

Well if any company was to own the Hummer brand, it should have a name including "Heavy Industrial Machinery Co." in it.

Re:An excellent company name (-1, Troll)

larry bagina (561269) | more than 5 years ago | (#28189143)

I enjoy a good chinese hummer. Sucky sucky, 5 dolla!

Re:An excellent company name (3, Funny)

Anonymous Coward | more than 5 years ago | (#28189355)

Chummer?

Re:An excellent company name (1)

shentino (1139071) | more than 5 years ago | (#28189389)

Khan's la-o-tian you insensitive clod!

Yay (4, Funny)

Alethes (533985) | more than 5 years ago | (#28189083)

I love hummers, and I don't care if I get it from an American or a Chinese.

Re:Yay (4, Funny)

Chris Burke (6130) | more than 5 years ago | (#28189225)

Giggety!

Re:Yay (4, Funny)

neoform (551705) | more than 5 years ago | (#28189281)

You love being able to watch Madagascar while driving and merge without looking?

Yeah!!! Rumsfeld!!!

Re:Yay (0)

Anonymous Coward | more than 5 years ago | (#28189293)

I like them in the backseat. I also like them while driving, although that is very dangerous.

Re:Yay (4, Insightful)

TinBromide (921574) | more than 5 years ago | (#28189381)

American Culture: Made in China

Re:Yay (0)

Anonymous Coward | more than 5 years ago | (#28189521)

Yup, USA now available in USB too-dolla version. Culture? Buy some yoghurt.

2011 Hummer will be 100% superglue-resistant plastic with lead paint and genuine imitation plastic leather. A fitting end for a gas-munching behemoth.

Re:Yay (4, Funny)

The Grim Reefer2 (1195989) | more than 5 years ago | (#28189739)

2011 Hummer will be 100% superglue-resistant plastic with lead paint and genuine imitation plastic leather. A fitting end for a gas-munching behemoth.

So it will actually evolve into the Canyenaro.

Re:Yay (3, Funny)

Anonymous Coward | more than 5 years ago | (#28189769)

American Culture: _Manufactured_ in China

The missing part? (4, Interesting)

hackingbear (988354) | more than 5 years ago | (#28189891)

The original post has

Before you worry about soldiers of US army and marines riding on Chinese made jeeps, you should also note that GM China has made recorded sales in China, despite of its parent's woe in the US. I personally did notice quite a lot more Buick's running in the city of Shenzhen than on the streets of California. When I was over there, I owned a Buick myself which was made in China but with US-made engines and transmissions; whereas i own a Japanese car here in California. Strange world.

Why is it edited away? Is / . censoring our post, because the news of american company doing well in China does not fit the site's editorial agenda?

Re:The missing part? (0)

Anonymous Coward | more than 5 years ago | (#28189929)

I owned a Buick myself which was made in China but with US-made engines and transmissions

The worst of both worlds!

Re:Yay (2, Funny)

Alarindris (1253418) | more than 5 years ago | (#28189933)

Chinese economy: Made in America.

Re:Yay (4, Interesting)

TinBromide (921574) | more than 5 years ago | (#28189973)

The American economy recovered from the great depression by draining UK's coffers via the lend-lease act. That recovery turned into a boom which lasted nearly 50 years.

The current Chinese boom is a result of draining America's coffers. Its only a matter of time before the Chinese economy becomes self sustaining and they won't need us anymore. I'm afraid of what will happen when China becomes the new superpower and America takes up France's position of Ex-Superpower Turned Whiney Cheese Eating Surrender Monkeys...

5,013? (3, Funny)

Mex (191941) | more than 5 years ago | (#28189095)

Who are these 5,013 douchebags still buying Hummers? =P

Re:5,013? (1)

Alethes (533985) | more than 5 years ago | (#28189111)

Because they can't get them for free.

Re:5,013? (0)

Anonymous Coward | more than 5 years ago | (#28189593)

There's a difference between who and why.

Re:5,013? (3, Interesting)

larry bagina (561269) | more than 5 years ago | (#28189169)

That's worldwide. They're popular in the middle east and africa for sheiks and dictators.

Re:5,013? (2, Informative)

MichaelSmith (789609) | more than 5 years ago | (#28189451)

A company close to where I work will rent you a stretched version, a bit like a limo. Recently somebody (possibly the same company) tried to avoid an import tax on luxury cars by designating their hummers as buses.

Re:5,013? (3, Informative)

Abreu (173023) | more than 5 years ago | (#28189813)

Here in Mexico City, driving a Hummer is considered an admission of being a drug-dealer or a politician (or both, if you know what I mean...)

Re:5,013? (2, Interesting)

rickb928 (945187) | more than 5 years ago | (#28189761)

Some people actually need a vehicle with more than 12 " ground clearance. Hopefully the H2 delivers this. The H3, OTOH, is a completely inappropriate tool for most anything. For status, get an Escalade. For function, get an H2. For panache, get a Caterpillar.

Mind you, my wife would buy an H1 if she could afford it. And she thinks a Core 2 Duo with a 20" monitor is excessive...

So, who makes HumVees? (2, Interesting)

alphakappa (687189) | more than 5 years ago | (#28189103)

Are they simply licensing the brand and making completely different vehicles to Military Specs?

Re:So, who makes HumVees? (0)

Anonymous Coward | more than 5 years ago | (#28189141)

No, they're taking over the production lines too.

Re:So, who makes HumVees? (4, Informative)

mu51c10rd (187182) | more than 5 years ago | (#28189197)

Military Humvees are made by AM General, who sold the rights to the civilian versions back in 99 to GM I believe. This won't affect the military production lines in Indiana.

Re:So, who makes HumVees? (1)

Sleepy (4551) | more than 5 years ago | (#28190001)

Thank heavens!

If China invaded Taiwan and the US responded... I was worried that China would sue the US to keep those Hummers off the battlefield!

Re:So, who makes HumVees? (5, Informative)

tlhIngan (30335) | more than 5 years ago | (#28189209)

Are they simply licensing the brand and making completely different vehicles to Military Specs?

From what I'm told, AM General [amgeneral.com] makes the HumVee, which for the original Hummer, was sold to GM as-is (well, a stripped down version anyhow). GM then painted them, added luxuries and such and then sold them to the public. That's why the H2 and H3 were so different compared to the original H1 - GM does not own the design of the H1 at all - they merely resold the hardware after some modifications. The H2 and H3 were original GM designs.

So no, the Chinese are not getting military information out of it, other than perhaps how to add leather seats and cupholders to an existing H1.

Turns out (1)

WindBourne (631190) | more than 5 years ago | (#28189491)

that AM General is actually working with two chinese companies in helping them PRODUCE the H1. In fact, they have been doing so since the 80's for one and the 90's for the other. Besides, PLA already has PLENTY of western equipment as well as other items that classified.

Re:Turns out (0)

Anonymous Coward | more than 5 years ago | (#28189659)

Never mind US military equipment built in and by China...

Look what happened to AK47-s.

Give it a dacade and every army in the world, guerrillas, terrorists and such - all will be driving humvees.

Re:Turns out (1)

mustafap (452510) | more than 5 years ago | (#28189817)

Not with today's oil prices

Re:Turns out (1)

baKanale (830108) | more than 5 years ago | (#28189911)

There's also a bunch of different international versions [wikipedia.org] that are either modified HMMWVs (the military Humvee) or are based on the HMMWV chassis, including the versions from two different Chinese companies. There's also the variety of similar vehicles [wikipedia.org] out there, the one from Toyota also being somewhat derived from the US model.

Re:So, who makes HumVees? (0)

Anonymous Coward | more than 5 years ago | (#28189509)

The H2 and H3 were original GM designs.

Original? Ha. The H2 is a rebadged Tahoe with different sheet metal.

I never understood the H2 & H3. Despite its impracticality in regular traffic, the H1 is an awesome off-road machine. The H2 & H3 are POSes off-road.

If you want a Hummer, get a real Hummer. Or get a poser SUV.

Re:So, who makes HumVees? (1)

NotBornYesterday (1093817) | more than 5 years ago | (#28189923)

Hilarious citation [youtube.com] for you re: H2 POS off-road. Hilarious if you aren't driving it.

Re:So, who makes HumVees? (4, Informative)

Brett Buck (811747) | more than 5 years ago | (#28189527)

The H2 and H2 are HMMV-styled bodies on standard GMC truck frames and running gear.

Re:So, who makes HumVees? (1)

frosty_tsm (933163) | more than 5 years ago | (#28189591)

The H2 and H3 are HMMV-styled bodies on standard GMC truck frames and running gear.

Fixed it for you.

But really, should we expect anything more from GM? As you say, "standard ... truck frames."

Re:So, who makes HumVees? (1)

Hatta (162192) | more than 5 years ago | (#28189993)

What about the H2?

. . . Ricardo Montalban sells HumVees . . . (1)

PolygamousRanchKid (1290638) | more than 5 years ago | (#28189789)

So no, the Chinese are not getting military information out of it, other than perhaps how to add leather seats and cupholders to an existing H1.

. . .and rich Corinthian Leather . . .

. . . if the Chinese get that technology, we're all toast . . .

Re:So, who makes HumVees? (2, Informative)

larry bagina (561269) | more than 5 years ago | (#28189219)

The military (humvee) units are manufactured by AM General in Indiana. They sold the brand name to GM, who's now reselling it. The vehicles are built in Louisiana (?) (for the US) and South Africa (worldwide exports). Those plants will continue manufacturing them for at least another year. Maybe not the US one... I think most people who would buy a hummer would refuse to buy a chi-com hummer.

Anyhow, it's basically a name and a grill design.

Re:So, who makes HumVees? (3, Informative)

DragonWriter (970822) | more than 5 years ago | (#28189465)

The military (humvee) units are manufactured by AM General in Indiana. They sold the brand name to GM, who's now reselling it. The vehicles are built in Louisiana (?) (for the US) and South Africa (worldwide exports).

The H1 was built by AM General, who makes the military HMMWV on which the H1 is based. Of the current models, the H2 is built by AM General under contract from GM (its a GM design, based on the same platform as the Yukon and Tahoe) in Indiana. The H3 (based on a different GM platform) is built in Louisiana and South Africa as you describe.

Re:So, who makes HumVees? (1)

johndiii (229824) | more than 5 years ago | (#28189255)

No, the HumVees were the originals. A Hummer is just a big, heavy HumVee-style body on an SUV chassis. At least, that's what they are now. The H1 was closer to the military version. Hummer on Wikipedia [wikipedia.org] .

Re:So, who makes HumVees? (2, Informative)

drinkypoo (153816) | more than 5 years ago | (#28189305)

The Hummer H2 is a Chevy Tahoe with a lift, air lockers, and a nominal performance increase. The Hummer H3 is a newer, more lightweight vehicle, purpose-built or perhaps based on some other SUV, I'm not sure.

Re:So, who makes HumVees? (4, Informative)

BeaverCleaver (673164) | more than 5 years ago | (#28189419)

Don't forget the other modifications from the Tahoe. You know, the extra weight, woeful aerodynamics and awful use of interior space. It's kind of like an inverse-Tardis, it's smaller on the inside than it looks on the outside.

Re:So, who makes HumVees? (1)

confused one (671304) | more than 5 years ago | (#28189619)

GM doesn't have any purpose built chassis any more. Not even the Corvette. The H3 probably shares it's chassis with the Equinox or similar (a wild ass guess)

H3 (1)

thewaker (1249320) | more than 5 years ago | (#28189917)

The H3 is based off the Colorado/Canyon small truck platform as I can recall.

Re:So, who makes HumVees? (0)

Anonymous Coward | more than 5 years ago | (#28189287)

It's a license deal along with the distribution, dealer support network and trademark/design rights for civilian vehicles.

AM General corporation [www.amgeneral.com], a privately held company, builds the HMMWV and other military vehicles [LSSV], as well as the H2 under contract to GM.

GM builds the H3 in Louisiana with a plant developed in conjunction with Isuzu.

The deal partners AM General with Sichuan providing the financing for future models and expanding sales overseas.

AM General is not being sold.

I'm a h1 owner [98 diesel HMCO] and it's a common misconception for a long time that GM builds the hummer/humvee when in reality they contract it out. The H3 is the only product that GM mades directly.

That being said, they stated in the dealer memo that went out today, they were planning on focusing on the future hx/h3 lines including a non crew cab version of the H3T as well as diesel versions.

That being said, I'm surprised it's mentioned on Slashdot.

Re:So, who makes HumVees? (3, Interesting)

fast turtle (1118037) | more than 5 years ago | (#28189437)

Neither. The military versions are called HMMV, which people tend to sound as HumVee. The GM product is called H1/H2/H3 Hummer and is based upon the Chevy Suburban Platform. Mainly the entire division is a marketing drone's wet dream as the best Mileage I've seen listed for the Hummer was 12MPG on the highway. Simply put, what killed the division is the low mileage and fuel guzzler tax here in the states because the vehicles simply couldn't get any mileage at all unlike the Real HMMV, that avgs. 20+mpg and the engine is a true multi-fuel capable. Primary is diesel but it will run on damn near anything including gasoline, ethonal and even what American's fondly call beer.

Re:So, who makes HumVees? (2, Informative)

Anonymous Coward | more than 5 years ago | (#28189799)

HMMWV, actually. High Mobility Multipurpose Wheeled Vehicle.

Re:So, who makes HumVees? (0)

Anonymous Coward | more than 5 years ago | (#28189485)

The H1 is the one that is based on the military model and shares many of the same parts. It was made by AM General (the builder of the military HMMWV) who sold the marketing and distribution off the GM. They stopped making the H1s in 2006.

GM then designed the H2 and contracted AM General to build it.

The H3 is all GM.

Aside from the price tag, the H2 and H3 aren't based on military vehicles.

Aside from the price tag, H2 and H3 aren't based off of the military at all.

Re:So, who makes HumVees? (1)

Neanderthal Ninny (1153369) | more than 5 years ago | (#28189585)

AM General licensed the manufacture of civilian version of the Hummer to GM. The Hummer you buy is actually a Suburban with a HMMWV shaped body on top. AM General High Mobility Multipurpose Wheeled Vehicle -M998 Truck has different design specs for the military vehicle. Here is some history about this:
http://www.globalsecurity.org/military/systems/ground/hmmwv-hummer.htm [globalsecurity.org]

Re:So, who makes HumVees? (1)

PPH (736903) | more than 5 years ago | (#28189825)

HumVees (HMMWVs) are made by AM General [amgeneral.com] . They sold the distribution rights of the civilian version, the H1 Hummer to GM. GM based the H2 and H3 Hummers on other civilian vehicle chassis. The H2/H3 vehicles share no mechanical systems or production facilities with the HMMWV.

Personnaly, I'd rather have a MegaCrusier [megacruiser.com] than any of these.

Maybe it's just me... (3, Insightful)

Tet (2721) | more than 5 years ago | (#28189119)

... but news for nerds? I'm not seeing it.

Re:Maybe it's just me... (0)

Anonymous Coward | more than 5 years ago | (#28189185)

News for Henry Rollins?

Let's all get offroad tattoos in honour of this day!

Re:Maybe it's just me... (1, Funny)

royallthefourth (1564389) | more than 5 years ago | (#28189203)

It's not news for nerds, but it is stuff that matters (to Americans). Things like Hummers make it hard to show pride in my country. At least now we can legitimately shift a bit of the blame on someone else.

Re:Maybe it's just me... (2, Funny)

maxume (22995) | more than 5 years ago | (#28189445)

If you cry into a beer, at least you have a beer.

Re:Maybe it's just me... (2, Insightful)

lothos (10657) | more than 5 years ago | (#28189663)

If you want to see news for nerds, go to the firehose and vote up what you want to see.

I have a story in the firehose: .org now signed for dnssec

Re:Maybe it's just me... (0)

Anonymous Coward | more than 5 years ago | (#28189873)

Most nerds have little in the way of physical endowment, and therefore must compensate.
 
Hummers are the method of choice of compensating for small penises.
 
Therefore, for some, this is most certainly news for nerds.

Swings and roundabouts . . . (2, Insightful)

siloko (1133863) | more than 5 years ago | (#28189123)

Save Jobs, Fuck The Planet! The motto of the new depression. Roll up, Roll up, get your tickets here for the latest 'End of the World' show!

Re:Swings and roundabouts . . . (1, Insightful)

Anonymous Coward | more than 5 years ago | (#28189599)

Save Jobs, Fuck The Planet! The motto of the new depression.

Still employed eh?

This Hummer deal makes sense to me. The Chinese aren't among those nations actively reducing their own standard of living to Save the Planet (tm). Just the opposite, in fact. Hummers will be effectively illegal in the US inside of 5 years. It's just being moved to where the market is permitted to exist.

Expect the pace of heavy industry evacuation from the US to accelerate. Those that can't be taken over and sold off by their unions (Chrysler and GM) will chased out with card check, cap and trade, etc.

Write back siloko; tell me all about it using your Chinese keyboard, and mouse, batteries, LCD displays and chair. Or perhaps you're using a Chinese made laptop?

Re:Swings and roundabouts . . . (1)

NotBornYesterday (1093817) | more than 5 years ago | (#28189963)

+5 Painful, painful truth.

They want the tech (1)

timpdx (1473923) | more than 5 years ago | (#28189147)

They want the technology of building a large automobile & other auto-related technology and practices. They are getting it pretty cheap.

Re:They want the tech (2, Informative)

forgoodmeasure (885419) | more than 5 years ago | (#28189529)

I'm not sure what they want, but they are getting the tech, the brand, the manufacturing plant and let's not forget the distribution network.

The buyer, Sichuan Tengzhong, looks like an interesting company. They manufacture heavy equipment, special-use vehicles, highway & bridge structural components, construction machinery and energy facilities. That's a varied mix, but I don't see passenger autos in there. They've been in business since 2005. They are a private company; I'm not sure where they get their funding or their origins.

http://www.mahalo.com/Sichuan_Tengzhong#guide_note-Official-1 [mahalo.com]

Are they going to still be sold here? (3, Interesting)

Shivetya (243324) | more than 5 years ago | (#28189177)

I wonder if anyone will buy Saab now, it has had worse sales than Hummer for a long time.

http://www.autoblog.com/2009/06/02/by-the-numbers-may-2009-gm-and-ford-surprise-edition/ [autoblog.com]

The above link has some sales data.

The real problem isn't that Hummer is sold, it is that the bankruptcy of GM and Chrysler have both been shoved down the companies and investor's throats. So they will trot out that they saved 3,000 or so jobs. What about the 100,000 plus jobs lost when all the dealerships are being forced to close, even ones who make a profit? A considerable number, if not the majority, of dealerships being punted are profitable.

This is all about Wall Street and not Main Street. The people tasked with doing these close outs and sales are all Wall Street regulars. If Wall Street had been held to the same standards as Detroit the change might have been something I could believe in. Instead communities are going to face real problems when dealerships close. Yeah, 3000 jobs is nice but it is a nickle on a Cadillac in terms of loss/gain. In other words, who the flip cares?

Hummer. Funny thing is they will survive in the real world and not the alternate reality world the US has become.

Re:Are they going to still be sold here? (4, Insightful)

larry bagina (561269) | more than 5 years ago | (#28189379)

The "bankruptcy" is really just a wealth (for lack of a better word) transfer. And by transfer, I mean theft. Contract law was ignored when deciding what secured debt holders deserved. Tim Geithner's hand is shoved up the banks, GM, and Chrysler like a ventriloquist dummy, so they can do nothing but nod their heads. Not that the banks mind too much -- the revolving door between treasury, federal reserve, and the investment banks looks like a bukake session with you and i in the middle.

Re:Are they going to still be sold here? (1)

SerpentMage (13390) | more than 5 years ago | (#28189669)

And the alternative is????

I mean seriously, who in their right freaken mind would ever buy any of the assets from GM? Oh gee, 1 used car manufacturing plant building outdated vehicles! Yeah that will work REALLY well.

While I agree that there is contract law it does not matter squat if thousands of people get unemployed, the economy collapses, etc. And as a matter of fact contract law was not ignored. What happened is that a majority of people agreed with the terms and a small minority disagreed! In fact I could argue whatever happened to majority shareholder decisions? BTW the bankruptcy judge seems to have agreed with Chrysler.

Let's get real with the Indiana pension funds it was a scam to raise dirt even though they would loose very little in the overall scheme of things. They just wanted to whine and scream and score political points. It was never an intellectual discussion.

Re:Are they going to still be sold here? (1, Flamebait)

larry bagina (561269) | more than 5 years ago | (#28189811)

I'm glad you feel that way. You see, we had a vote and the majority of us decided you should be our toilet slave. I'm sure you'll whine and scream, but it'll help the economy.

Re:Are they going to still be sold here? (0)

Anonymous Coward | more than 5 years ago | (#28189497)

Investors and companies should be happy that GM didn't completely shut down and liquidate 6 months ago, yielding no profits on those precious investments.

GM's failure has been coming for decades. The writing has been on the wall for years. GM's 2007 profits were still poor, even before this recession. Most of GM's cars are poor quality, but GM has been doing better in recent years.

It's pretty clear that GM was over expanding when it bought Hummer, Saab and Saturn. It's pretty clear that the Saturn product turned to crap after GM bought Saturn. It's pretty clear that many GM's cars were among the lowest rated cars according to several automotive magazines. Investors and dealerships should have complained louder when they had the chance.

I'll look forward to the day if and when GM pays off it's US government funded bridge loan. GM has potential.

Re:Are they going to still be sold here? (0)

Anonymous Coward | more than 5 years ago | (#28189577)

The irony is, with less profitable dealerships comes less exposure, and less people buying GM in the long term, which will lead to less dealerships......

Re:Are they going to still be sold here? (0)

Anonymous Coward | more than 5 years ago | (#28189605)

erhm.. worse sales != greater loses
Just because they are selling even less has nothing to do with their ability to cope with it.

Re:Are they going to still be sold here? (0)

Anonymous Coward | more than 5 years ago | (#28189849)

The real problem isn't that Hummer is sold, it is that the bankruptcy of GM and Chrysler have both been shoved down the companies and investor's throats.

My impression was that the federal government went to great lengths to help GM and Chrysler avoid bankruptcy (by, at least indirectly, ponying up substantial amounts of tax payer dollars) and then when it finally became clear that bankruptcy was unavoidable the federal government has bent over backwards to expedite the bankruptcy process.

If anything, the federal government has been way too soft on GM and Chrysler; providing them with preferential treatment unavailable to individuals and small businesses. In a purely capitalist economy GM and Chrysler would have gone bankrupt long ago.

Suburban wives nonplussed (1)

bzzfzz (1542813) | more than 5 years ago | (#28189195)

The demographic segment that characterizes their customer base is already accustomed to buying Chinese-made products from clothing to blow molded lawn ornaments.

In other news, somebody in China thinks the price of oil is headed down.

Re:Suburban wives nonplussed (3, Insightful)

Schnoogs (1087081) | more than 5 years ago | (#28189289)

News flash...most of the products purchased by people who don't own Hummers are also made in China.

Re:Suburban wives nonplussed (0)

Anonymous Coward | more than 5 years ago | (#28189315)

Alternately someone in China thinks the civilian model may be a good platform to build military spec Chinese vehicles....

Re:Suburban wives nonplussed (0)

Anonymous Coward | more than 5 years ago | (#28189677)

Alternately someone in China thinks the civilian model may be a good platform to build military spec Chinese vehicles....

Not really.

Great news! (4, Funny)

Locke2005 (849178) | more than 5 years ago | (#28189299)

My goal of getting a hummer from a cute Asian girl is that much closer to completion!

the price will be better (1)

observer7 (753034) | more than 5 years ago | (#28189303)

labor cost and reintroduction of lead gas and paint will bring the price down . everyone will be able to own one...in the third world. regulations by the environmentalists wont let us have one in the us

Heads aspode (5, Insightful)

microcars (708223) | more than 5 years ago | (#28189307)

at the gas station in Wisconsin where I got "told" by a guy bitching about my Toyota.

Despite the fact that my truck is built in Texas by Americans with 85% US content apparently the "profits" all go back to "Japan" SO THERE! (never mind Toyota being on the NYSE and the "profits" go to the shareholders...)
I can't imagine what this guy will do now when a new Hummer - built in Louisiana by Americans, but owned by the Chinese - pulls up to the pump!

I would love to be there when it happens though! ack ack ack....

Re:Heads aspode (5, Insightful)

Locke2005 (849178) | more than 5 years ago | (#28189371)

Reminds me of the "Buy American" bumper sticker I saw on a Ford Courier... sort of makes you want to pull the driver over and explain to them that a Courier was just a Mazda B2000 with different badges and a higher price tag. Hondas are made in Marysville, Ohio with electrical parts from Stanley -- there is no such thing as a truly "American" or "Japanese" car anymore.

Re:Heads aspode (1)

lelitsch (31136) | more than 5 years ago | (#28189583)

I hope the "Buy American" guy with his Hummer never walks into a Walmart. He might have a coronary.

America... (1)

BJ_Covert_Action (1499847) | more than 5 years ago | (#28189309)

America's classic redneck, blow-hard, compensation-for-a-little-something vehicle is being sold to China?

...It's official, America has truly collapsed and is now on the third-world countries list.

[Insert Small-Asian-Penis Joke Here] (4, Funny)

Fear the Clam (230933) | more than 5 years ago | (#28189311)

Just kinda writes itself, really.

Re:[Insert Small-Asian-Penis Joke Here] (1)

HerculesMO (693085) | more than 5 years ago | (#28189621)

LOL you beat me to it :)

Goodriddance (2, Funny)

Trogre (513942) | more than 5 years ago | (#28189357)

That's about all I can say for the abomination that the Hummer became.

Aha! (1)

oldhack (1037484) | more than 5 years ago | (#28189403)

Suckazz!

Re:Aha! (1)

DrMrLordX (559371) | more than 5 years ago | (#28189499)

You are more right than you know. The United States could profit greatly from transactions such as this. All we need to do is continue to offload worthless assets to clueless foreign investors. The Hummer brand has little to no value, and now that everyone (well, presumably everyone) knows that Hummers will be Chinese-owned (and possibly Chinese-manufactured), what little American machismo the Hummer has left will be gone.

Re:Aha! (1)

oldhack (1037484) | more than 5 years ago | (#28189569)

Worthless asset ... like the gobload of Treasury notes the Chinese hold ...

Re:Aha! (1)

zippthorne (748122) | more than 5 years ago | (#28189805)

Indeed. We somehow managed convince a nation of one billion mostly intelligent people to not only give us valuable goods in exchange for worthless green paper, but also to accept even more worthless representations of pieces of worthless green paper made on the tiny magnetic domains of a cheap piece of rust-covered glass in an undisclosed location in lieu of actual worthless paper...

"Communist" China.. workers paradise? (1)

gringofrijolero (1489395) | more than 5 years ago | (#28189433)

I would definitely love to be around for the contract negotiations.

So.... (0, Redundant)

ak_hepcat (468765) | more than 5 years ago | (#28189549)

Who gets the happy ending now?

EV-1 (2, Interesting)

Nonillion (266505) | more than 5 years ago | (#28189557)

Guess that decision to produce the Hummer over the EV-1 has come back to bite GM in the ASS big time!

Next... (1)

copponex (13876) | more than 5 years ago | (#28189809)

Now when do you think Chevron and Exxon will start licensing the patents the own on electric vehicle technology? Looking at their oil profits these days, I'd say after half of the Caribbean is under water.

Re:EV-1 (3, Insightful)

mobby_6kl (668092) | more than 5 years ago | (#28189909)

If they had been making the EV-1 instead of the Hummers all this time, they would have probably gone bankrupt ten years ago. So... no.

Slashdot: STOP CENSORING my post! (1, Interesting)

Anonymous Coward | more than 5 years ago | (#28189609)

As the original Anoymous poster of the entry, I must obligate to point out the important part of my post was DELETED by the editor:

Before you worry about soldiers of US army and marines riding on Chinese made jeeps, you should also note that GM China has made recorded sales in China, despite of its parent's woe in the US. I personally did notice quite a lot more Buick's running in the city of Shenzhen than on the streets of California. When I was over there, I owned a Buick myself which was made in China but with US-made engines and transmissions; whereas i own a Japanese car here in California. Strange world.

GM's cars are among the top seller over there.

Maybe you don't like to hear US company ``succeed'' in China, but don't censor our posts!

Heavy Machinery? (0)

Anonymous Coward | more than 5 years ago | (#28189627)

My sympathies to the sweatshop kids.

Mil version H1 is good (2, Informative)

AnAdventurer (1548515) | more than 5 years ago | (#28189645)

While the Humvee is a good mil truck. The H2 is basically a Suburban and the H3 is basically a POS that was a failed attempt to capitalize on the desire of those who wished to own a H2 but couldn't afford one.

There is irony that a Chinese company now owns the brand, but I am not going to back that up with how.

hummer (0)

Anonymous Coward | more than 5 years ago | (#28189655)

It's just about network and name recognition. Business and not technology.
(Like Fiat buying Chrysler).

The Chinese already got so many variations of the Hummer it's not funny.

American Cars Sell Like Hotcakes... (1)

tripmine (1160123) | more than 5 years ago | (#28189693)

...in China. Sichuan Tengzhong Heavy Industrial Machinery Co doesn't really care about the lowering demand for SUV's in the United States. They have an emerging middle class that just loves American cars. [msn.com] Remember, a national market does not get any bigger than the Chinese market.

Chummers (3, Funny)

NicknamesAreStupid (1040118) | more than 5 years ago | (#28189791)

China goes chumming for American brands. Who's next, ChitiBank?

Streets of Beijing (1)

specific_pacific (904746) | more than 5 years ago | (#28189975)

I've seen about 50+ on the streets of Beijing between other fancy pants cars from club owners, celebrities and job x. They build it big in China AND the US, so they fit right in.

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