Hummer
General Motors and China’s Sichuan Tengzhong enter into a definitive agreement over the sale of Hummer
American-based auto maker General Motors has announced that it has entered into a definitive agreement with China’s Sichuan Tengzhong over the sale of Hummer. The definitive agreement indicates that a sale is inevitable. The Chinese company will take over Hummer via an investment company, which it would have an 80% stake in. The remaining 20% would be held by Suolang Duoji, a Hong Kong-based private entrepreneur.
Under the terms of the final agreement, Sichuan Tengzhong will own the Hummer brand, trademark and tradenames, as well as other specific IP license rights necessary for producing Hummer vehicles.
Furthermore, the Chinese company will also get manufacturing, key components and business services from the American seller during a transitional time period. During the period, General Motors’ Shreveport plant, will for example, continue to contract assemble the H3 and H3T models while AM General’s Mishawaka assembly plant will continue to assemble the H2, both until June 2011. Sichuan Tengzhong would also have the option to extend the contract until June 2012.
Once its a done deal, Hummer would become the first automaker to feature alternative fuel powertrains in every model. The auto brand is also in the midst of obtaining emissions certification for a diesel H3 that will be sold in markets outside of North America.
Tengzhong’s Hummer take-over: More details emerge
According to a Chinese online publication, Gasgoo, Tengzhong’s Hummer take-over is close, and apparently, certain details of the take-over from General Motors have been leaked. Tengzhong, a Chinese engineering company, will own the brand’s intellectual property rights and sales network and will continue to fund research and development. However, the production will be based in the US (Detroit or Nashville) and General Motors will still have a part in it, till 2012. Furthermore, the new owner will also be responsible of launching the new Hummer H3 and Hummer H4, which will be considered as a CUV (Cross Utility Vehicle).
423HP Supercharged Hummer H3!
German based auto tuning specialist, Geiger Cars has launched a supercharged version of the Hummer H3. The tuning is based on the H3 V8 and modifications performed has increased output of the 5.3 liter V8 from 300HP to 423HP and twisting power from 434Nm of torque to a mind blowing 680Nm of torque.
This enables the mid size SUV to propel to 100 km/h in just 7 seconds to a top speed of 238 km/h. Isn’t that scary for a vehicle which stands as high as 1,872 mm? Braking power is upgraded with a new six piston setup and handling is refined with a new suspension package and 22-inch alloys.
The tuner has also added a body kit to complement the extra power, with a colour scheme which looks a lot like Martini’s sponsorship liveries. The interior is dressed up with carbon fiber.
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Hummer H3 now in Singapore – first impressions!
The Land Transport Authority of Singapore has recently approved the new Hummer H3 for local roads and on that note, here is all you need to know about the new H3. Among many variants made available by General Motors including the standard H3, H3 Adventure, H3 Alpha, H3x and H3T Pickup, local dealer CyberCars Pte. Ltd., offers the Hummer H3 Luxury back home.
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Land Transport Authority approves Hummer H3 for Singapore roads!
According to published reports by Asia One, the Land Transport Authority of Singapore has approved the Hummer H3 for local roads. Officials at CyberCars Pte Ltd; dealer of the Hummer H3 in Singapore, commented that the H3, which is billed as an SUV (Sports Activity Vehicle) is high on the list of Jeep owners who are looking for a second car.
For the local market, CyberCars offers the Hummer H3 Luxury model which is fitted with a 3.7 liter inline five engine capable of producing a modest 245HP with 328Nm of torque. The engine is coupled with a 4-speed automatic transmission. Most importantly, according to CyberCars, the H3 consumes 20 liters of fuel for every 100 km traveled. The H3 Luxury is priced at S$ 205,000.00. More information is available at CyberCars’ official website.
