Sichuan Tengzhong GM Hummer Buyer

Sichuan Tengzhong GM Hummer Buyer

The question of Who bought Hummer? is answered. Sichuan Tengzhong is buying General Motors' Hummer Brand!

NEW YORK (CNNMoney.com) -- General Motors Corp. has signed a deal to sell its Hummer truck unit to a Chinese industrial company, a person with knowledge of the deal said Tuesday.

The news comes a day after GM filed for bankruptcy protection in New York. The company did not identify the buyer nor name a price, saying only that the deal would close by the end of September.

But a source identified the buyer as Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. in China.

Do you American guys afraid of a Chinese company to control a respected auto brand?

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