3rd UPDATE: GM Finalizes Deal To Sell Hummer To China's Tengzhong - WSJ.com: "General Motors Co. on Friday finalized an agreement to sell its Hummer truck brand to a Chinese manufacturer, which would mark China's first major entry into the U.S. auto market.
Sichuan Tengzhong Heavy Industrial Machinery Co. bought Hummer in a $150 million deal, according to several people familiar with the deal. Under the terms, GM will continue to manufacture the vehicles until no later than 2012, when Tengzhong will take over production..."
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