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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
June 3, 2009
General Motors has reached a preliminary agreement for the sale of its Hummer brand to a machinery company in western China with ambitions to become a carmaker.
The buyer is the Sichuan Tengzhong Heavy Industrial Machinery Co., based in Chengdu, GM said Tuesday. The price was not disclosed.
The....