Tagged: Sichuan Tengzhong Heavy Industrial Machinery

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