Hummer has said the Chinese manufacturer planning to buy it has indicated it will push ahead with plans to expand the brand, including introducing alternative powertrains.
Speaking following the announcement that parent company GM was in talks to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery Co., Hummer CEO Jim Taylor said: "The Hummer brand lives another day.
"We've been in talks with these guys for over six months. The reality is in China you have folks that are willing to make investments all over the world and they go on a world search for a business that would be complementary for them.
"They see a lot of growth potential with this brand both inside and outside of China."
Based in the Chinese province of Sichuan, Tengzhong makes special-use vehicles, highway and bridge structural components, construction machinery, and energy facilities.
Speaking following the announcement that parent company GM was in talks to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery Co., Hummer CEO Jim Taylor said: "The Hummer brand lives another day.
"We've been in talks with these guys for over six months. The reality is in China you have folks that are willing to make investments all over the world and they go on a world search for a business that would be complementary for them.
"They see a lot of growth potential with this brand both inside and outside of China."
Based in the Chinese province of Sichuan, Tengzhong makes special-use vehicles, highway and bridge structural components, construction machinery, and energy facilities.
Thanks to: Autocar