General Motors and Sichuan Tengzhong Heavy Industrial Machinery has announced that the companies have entered into a definitive agreement that will allow Tengzhong to acquire GM’s premium HUMMER...
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General Motors to slash 1100 dealerships
General Motors issued a statement saying that, as part of their updated viability plan, they plan to reduce its dealer network from 5,969 stores today to approximately 3,600 by the end of 2010. ...