By Wikipedia Six Palestinians died on Friday after their car swerved into the opposite lane and crashed into an IDF armored vehicle. The incident occurred early…
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Hummer was a marque of trucks sold by General Motors. The HUMMER brand was not transferred to Motors Liquidation Company as part of the GM bankruptcy. Instead, this brand was retained by GM in order to investigate selling the brand. The original Hummer H1 was based on the military High Mobility Multipurpose Wheeled Vehicle (HMMWV, or Humvee). However, the Hummer H2 and the Hummer H3 were based on other, smaller civilian-market vehicles. Chinese automaker Sichuan Tengzhong Heavy Industrial Machinery Company announced in 2009 that it will acquire the Hummer brand pending government approvals. However, the Ministry of Commerce of the People's Republic of China rejected the deal on February 24, 2010, and GM has decided to retire the brand. There have been reports that Sichuan Tengzhong may pursue the purchase of the Hummer brand from GM by purchasing it privately through the company's new J&A Tengzhong Fund SPC, a private equity investment fund owned by an offshore entity that is already recruiting private investors to buy into its acquisition plan. On February 26, 2010, General Motors announced it has been approached by several other companies interested in purchasing the brand after the deal with Sichuan Tengzhong could not be completed. GM is currently reviewing other potential buyers for the brand despite having announced a wind-down of operations.
