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Chinese Hummer

http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db2009062_646348.htm?campaign_id=rss_daily

Hummer, the most potent symbol of General Motors' commitment to giant gas-guzzling SUVs, will apparently survive the company's bankruptcy filing.

GM has a deal to sell the SUV brand to China's Sichuan Tengzhong Heavy Industrial Machinery, the companies said on June 2. Sichuan Tengzhong specializes in building heavy-duty construction trucks in China.