Tagged: Hummer

China may nix Hummer buyout

Reports say Chinese regulators likely will block a Chinese manufacturing firm from purchasing the Hummer franchaise from bankrupt General Motors, in part they say because the gas-guzzling Hummer doesn’t fit China’s energy-saving policies.  School of Management Dean Louis Lataif, a former Ford executive, can discuss the ongoing GM situation. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

G.M. sells Saab

Bankrupt automaker General Motors will sell its Swedish unit, Saab, to a consortium led by Koenigsegg Automotive, makers of high-performance sports cars.  GM already has sold Opel and is selling or dumping its Hummer, Saturn, and Pontiac lines.  Former Ford executive Louis Lataif, now dean of the School of Management, can discuss the industry’s big […]