Jim Taylor, chief executive officer of Hummer, told Bloomberg's Matt Miller and Greg Miles about General Motors Co.'s sale of its Hummer sport-utility vehicle brand to China's Sichuan Tengzhong Heavy Industrial Machinery Co.
Disposing of Hummer is a victory for GM in its post-bankruptcy restructuring after the sale of the Saturn unit to Penske Automotive Group Inc. fell through last week.
http://www.youtube.com/watch?v=N-v4zeCBkEo
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