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	<title>Hummerpedia.org &#187; gm buy out</title>
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		<title>Hummer Mystery Buyer is&#8230;</title>
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		<pubDate>Wed, 03 Jun 2009 16:16:25 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[gm buy out]]></category>
		<category><![CDATA[hummer mystery buyer]]></category>
		<category><![CDATA[hummer news]]></category>
		<category><![CDATA[Sichuan Tengzhong]]></category>

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		<description><![CDATA[The Hummer mystery buyer has been revealed as&#8230; Chinese Industrial firm Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. &#8211; Try saying THAT three times fast. The firm closed a deal to secretly purchase Hummer from General Motors yesterday. Best news of all, Tengzhong says it plans on keeping Hummer&#8217;s current management team &#8211; no layoffs [...]]]></description>
			<content:encoded><![CDATA[<p>The Hummer mystery buyer has been revealed as&#8230;<span id="more-133"></span> Chinese Industrial firm Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. &#8211; Try saying THAT three times fast. The firm closed a deal to <a href="http://www.hummerpedia.org/hummer-sold-to-mystery-buyer">secretly purchase Hummer from General Motors</a> yesterday. Best news of all, Tengzhong says it plans on keeping Hummer&#8217;s current management team &#8211; no layoffs for you folks!</p>
<p><center><img class="alignnone size-full wp-image-135" title="mysterymen-flag" src="http://www.hummerpedia.org/wp-content/uploads/2009/06/mysterymen-flag.jpg" alt="mysterymen-flag" width="300" height="317" /></center></p>
<p>Both companies plan on closing a deal by September, and stated this &#8220;will allow Hummer to better meet demand for new products such as more fuel-efficient vehicles in the U.S.&#8221; There are talks about expanding the line up and even keeping the Shreveport, La., plant open and building Hummers for the new owner until at least 2010.</p>
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