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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., It will also assume the existing dealer agreements relating to HUMMER’s dealership network. Credit Suisse is acting as exclusive financial advisor and Shearman & Sterling is acting as international legal counsel to Tengzhong on this transaction.

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More bad buzz for Chevy Blazer EV: software glitches, doors that fly open

Baua Electric

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. So the company has definitely seen better days.

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Rare Rides Icons: The Cadillac Eldorado, Distinctly Luxurious (Part XVIX)

The Truth About Cars

Since then, I discovered this April 1957 edition of The Cadillac Serviceman , GM’s in-house magazine publication for its dealer service centers. Annual changes to vehicles kept customers coming back, marketing happy with new things to advertise, and made it clear to the general public if you could afford a new car (or not).

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Sichuan Tengzhong To Purchase HUMMER From GM

Green Car Congress

Ltd (Tengzhong) and General Motors Corp. Tengzhong will also assume existing dealer agreements relating to HUMMER’s dealership network. The team intends to expand HUMMER’s dealer network worldwide, particularly into new markets such as China. Sichuan Tengzhong Heavy Industrial Machinery Co., Earlier post.).

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NY Judge Pauses Ford’s EV Dealer Requirements

The Truth About Cars

Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” In exchange, dealers are given access to demo vehicles and a factory guarantee for limited EV allocations.&

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. Reduce its dealers to approximately 3,600 from the current 5,969. GM will launch the Chevrolet Volt extended range electric vehicle in 2010, expects to have 14 hybrid models in production by 2012, and will have 65% of vehicles alternative-fuel capable by 2014.

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