So I ask my dealer today what he has heard about the Hummer sale and he tells me he was told they were going to close by the end of December. Now last I heard was by the end of September. He also said there was a Belgium investor that was interested in purchasing if the Chinese deal fell through. Might all be rumors but I figured I'd throw it out there.

 

Plz elaborate...as in close for good? Or close the "deal" with CHICOM?

 

Here is the latest as of 9/24/09 (it's always changing).

http://www.hummerguy.net/hummer-news...mer-deal-by-q3

 

Latest as of 10/02/09

http://www.hummerguy.net/hummer-news...al-by-year-end

Didn't really see the Saturn deal unraveling that fast.

 

Report: HUMMER Sale Complete in Days

Executives from Tengzhong are reportedly in Detroit this weekend and could come to an agreement to purchase HUMMER from GM within days according to a report in the South China Morning Post and republished by Reuters.
We’ve seen claims like this in the past from Bloomberg and Reuters, so while we’re not taking this news as gospel, we thought we’d pass along the rumor to keep you in the loop.
Source: Reuters

 

As with any big deal like this with stock holders involved they can't let out any real info without the risk of insider stock info and being charged. Lets just hope they get this shiz figured out and keep Hummer alive. I love my 06 so much I would like to get a new one and give this one to my oldest to drive now that its paid for...