General Motors Close Hummer And Sells The Cars In Stock
General Motors said that despite its efforts to rescue, the Hummer division will be closed and all remaining 2,200 models in stock will be offered with discount.
After the Chinese government has put impede in the transaction between General Motors and Tengzhong, Hummer division will be finally closed. American announced the last chance to make a subsidiary or treating with several bidders, refused at first instance. The GM officials announced today that it will put the locks on the Hummer door . The news was sent out on a total of 153 points of sale of Hummer models, which will also be forced to close their doors.