Hummer Deal with Tengzhong 'on Track'> reviews and analysis
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Tengzhong's bid for the now bankrupt US car giant General Motor's Hummer brand is "rational and normal" given the current global financial crisis
General Motors signed a deal on Oct 9 to sell its famous Hummer brand to Sichuan-based Tengzhong Heavy Industrial Machinery. But payment and the absence of technology transfer are worrisome parts of the deal
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