{"id":354398,"date":"2010-02-23T16:00:39","date_gmt":"2010-02-23T21:00:39","guid":{"rendered":"http:\/\/www.ridelust.com\/?p=38305"},"modified":"2010-02-23T16:00:39","modified_gmt":"2010-02-23T21:00:39","slug":"gm-gets-good-news-bad-news","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/354398","title":{"rendered":"GM Gets Good News, Bad News"},"content":{"rendered":"<div id=\"attachment_38315\" class=\"wp-caption aligncenter\" style=\"width: 510px\"><a href=\"http:\/\/www.ridelust.com\/gm-gets-good-news-bad-news\/11164_2009_saab_9-5\/\" rel=\"attachment wp-att-38315\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ridelust.com\/wp-content\/uploads\/11164_2009_Saab_9-5-500x311.jpg\" alt=\"2009 Saab 9-5\" title=\"11164_2009_Saab_9-5\" width=\"500\" height=\"311\" class=\"size-large wp-image-38315\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Break out the lutefisk, the Spyker deal is done.<\/p>\n<\/div>\n<p>First, the good news: Saab is now officially owned by Spyker, so open up the aquavit  and turn the freak knob up to 12, Saabophiles.<\/p>\n<p><span id=\"more-38305\"><\/span>Now the bad news: it looks the the deal to <del datetime=\"2010-02-23T18:14:51+00:00\">dump<\/del> sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery is terminally pooched.  The original sale deadline was to be this week, but GM agreed to a 30 day extension to get Chinese regulatory approval.  China\u2019s commerce ministry appears reluctant to approve the deal, which goes counter to their plans of domestic automaker consolidation.  Furthermore, the Chinese government is encouraging citizens to purchase small, environmentally friendly vehicles, which is counter to Hummer\u2019s brand and identity.  In short, Beijing has stamped \u201cno deal\u201d across the GM &#8211; Sichuan Tengzhong contract.<\/p>\n<div id=\"attachment_38314\" class=\"wp-caption aligncenter\" style=\"width: 420px\"><a href=\"http:\/\/www.ridelust.com\/gm-gets-good-news-bad-news\/hummer-4\/\" rel=\"attachment wp-att-38314\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ridelust.com\/wp-content\/uploads\/hummer2.jpg\" alt=\"Hummer\" title=\"hummer\" width=\"410\" height=\"268\" class=\"size-full wp-image-38314\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">No saving this Hummer, either.<\/p>\n<\/div>\n<p>Sichuan Tengzhong is hoping to put together a deal with a third party outside of China, but the likelihood of this seems slim.  Looks like Hummers days may be numbered, which should come as a surprise to no one.<\/p>\n<p>Source: <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/768d11dc-2062-11df-bf2d-00144feab49a.html?nclick_check=1\">Financial Times<\/a><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_PGo0lBPsKaIZjJVKA0DNc174c0\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_PGo0lBPsKaIZjJVKA0DNc174c0\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_PGo0lBPsKaIZjJVKA0DNc174c0\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_PGo0lBPsKaIZjJVKA0DNc174c0\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Break out the lutefisk, the Spyker deal is done. First, the good news: Saab is now officially owned by Spyker, so open up the aquavit and turn the freak knob up to 12, Saabophiles. Now the bad news: it looks the the deal to dump sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery is terminally [&hellip;]<\/p>\n","protected":false},"author":2161,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-354398","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2161"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=354398"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354398\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=354398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=354398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=354398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}