Today, Gengral Motors and Tengzhong Sign Definitive Agreement for Sale of Hummer, I think it is not ony an opportunity but also is a challenge for Tengzhong. because it's easy to buy the HUMMER brand, trademark and tradenames, but there are a lot of question to solve. what do you think about the news? welcome here to discuss it.
Although Genaral Motors and Tengzhong had Signed Definitive Agreement for Sale of Hummer. They have to face the presure from Government, industry and so on. Especially at the time of promoting energy-saving and environmental protection. It's very difficult to gain the policy support from the Government. On the other hand, whether it is too expensive that they used 1.5 billion dollar to buy the HUMMER brand, trademark and tradenames, and when this investment can make money for them? to Tengzhong, They have a long way to go. I wish they have a bright furture. Let's look at that together