The economic crisis that has affected the automotive industry to a large extent will be charged the nationality of the subsidiary of General Motors, Hummer. Cease to be American to be Chinese, a change caused by the fact that Sichuan Singsong Heavy Industrial Machinery, a Chinese manufacturer of industrial machinery, is very close to a deal with General Motors for $ 150 million (102.7 million euros.) And that GM wanted $ 500 million when put on sale a year ago... (more...)

Hummer, Saab and Volvo, they go through very hard times and as we have said for weeks, are on sale.

Its parent, General Motors (GM) and Ford do not want to continue with a burden in times of crisis but the problem is that today nobody wants to buy and has a bad solution, since it raises the disappearance of some of them like Hummer . (more...)