AP Source: GM close to signing deal to sell Hummer brand to Chinese manufacturerOctober 8th, 2009 AP Source: GM nearing completion of Hummer saleDETROIT — General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, a person briefed on the deal said.
Pepsi Bottling Group signs distribution deal, invests in natural beverages brand maker O.N.E.September 22nd, 2009 Pepsi Bottling inks natural beverages dealSOMERS, N.Y. — Soft drink bottler Pepsi Bottling Group Inc.
Hummer buyer says it likely will locate headquarters in southeast Michigan near DetroitSeptember 22nd, 2009 Hummer buyer likely to locate HQ in MichiganDETROIT — The Chinese company that's in the running to buy Hummer from General Motors Co. likely will locate the brand's corporate headquarters near Detroit, a spokesman said Tuesday.
Hummer buyer says it likely will put headquarters in southeast Michigan near DetroitSeptember 22nd, 2009 Hummer buyer likely to put HQ in MichiganDETROIT — The Chinese company that's in the running to buy Hummer from General Motors Co. likely will locate the brand's corporate headquarters near Detroit, a spokesman said Tuesday.
Perry Ellis inks deal to distribute Pierre Cardin sportswear in US department storesAugust 28th, 2009 Perry Ellis signs deal to distribute Pierre CardinNEW YORK — Apparel maker Perry Ellis International Inc. said Thursday it inked a five-year licensing deal with S.A.R.L.
General Motors' brands on the chopping blockJuly 6th, 2009 General Motors' brands on the chopping blockA summary of what brand General Motors is shedding as it exits Chapter 11 bankruptcy protection:
WHICH BRANDS ARE SLATED TO GO?: Pontiac, Hummer, Saab and Saturn. WHERE DO THEY STAND?: GM said it would stop making Pontiac brand cars.
AP source says GM nearing deal to sell Saab; reports say Swedish carmaker Koenigsegg a bidderJune 11th, 2009 AP source: GM nearing deal to sell Saab unitDETROIT — General Motors Corp. is nearing a deal to sell its Saab unit, but nothing has been finalized, a person briefed on the negotiations said Thursday.
AP Source: General Motors to sell Saturn brand to dealer chain owner Roger PenskeJune 5th, 2009 AP Source: GM to sell Saturn brand to Roger PenskeDETROIT — A person briefed on the deal says General Motors Corp. will sell its Saturn brand to former race car driver and dealership chain owner Roger Penske.
Chinese regulators could block purchase of GM's Hummer unit by Sichuan truck makerJune 5th, 2009 Reports question Chinese Hummer acquisitionSHANGHAI — General Motors Corp.'s planned sale of its Hummer brand to a little-known Chinese truck maker could be blocked by regulators who have not approved the deal and are questioning its wisdom. Sichuan Tengzhong Heavy Industrial Machinery Co.
US company will keep building Hummers despite GM's sale of civilian brand to ChineseJune 4th, 2009 Military versions of Hummer excluded from GM saleDETROIT — The U.S. Army is assuring people that General Motors' deal to sell its Hummer brand to a Chinese company has nothing to do with the military version of the rugged vehicle.
GM has found buyer for Hummer: ReportJune 2nd, 2009 NEW YORK - General Motors is expected to announce later Tuesday the tentative sale of its muscle Hummer brand, but won't identify the buyer or price until later, The Wall Street Journal reported. The announcement is to be made on its first day of bankruptcy court proceedings after the country's largest car maker and the White House announced Monday that GM would pursue protection under US bankruptcy laws.
China-based Sichuan Tengzhong announces plans to acquire Hummer brand, preserve 3,000 jobsJune 2nd, 2009 Sichuan Tengzhong to buy GM's Hummer brandDETROIT — China's Sichuan Tengzhong Heavy Industrial Machinery says it plans to buy General Motors' Hummer brand for an undisclosed sum. Tengzhong is a privately held maker of road, construction and energy industry equipment based in the Chinese province of Sichuan.
GM says it has 16 potential buyers for Saturn brand as automaker refocuses on promising assetsJune 2nd, 2009 GM says it has 16 potential buyers for SaturnDETROIT — General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand.
General Motors in tentative deal to sell Hummer brand, day after filing for Ch. 11 protectionJune 2nd, 2009 General Motors in tentative deal to sell HummerNEW YORK — General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S.
General Motors retains adviser to evaluate offers for sale of Saturn brandMay 4th, 2009 GM retains adviser for Saturn saleDETROIT — GM says it is retaining a former company adviser to help it review potential buyers for its Saturn brand. The automaker says several parties expressed interest in buying the brand and its dealerships.