Thursday, June 4, 2009

HUMMER,, A SAD STORY

We all has been flabbergasted by the recent action done by the GM (General Motor), they filed bankrupt and turning the firm into a smaller firm.
Alright then.... the Big Three are seems unable to be saves anymore. Mr Obama abruptly going to be disappoint due to the failure of the "mega stimulus bailout plan", then what will happened to the Big Three?
I personally wont give any bloody care for Chrysler though.... Ford? nahhhh.......big NO! then lastly GM? they own several brands that are seems to plays a sentimental roles in American history. Brand such as Lincoln, Cadillac, Holden, Hummer, Pontiac and other major brands under their line are part of American culture and urban legend.
I'm not saying that Ford and Chrysler didn't played a very significant part in American society. But I felt that GM should be highlighted on this essay. (Technically)
When GM filled for bankruptcy, they also intended to sell some of their unprofitable brands. But when they intend to sell their Hummer brand to a China company.
Most people will says @#&$..........
Sichuan Tengzhong Heavy Industrial Machinery is the Lucky company to acquire Hummer. (we'll see how lucky are they...)
The price of the purchase has not been disclose yet but according to GM, Bankers have said that Hummer could fetch about USD 100 million in cash.
Sichuan Tengzhong Heavy Industrial Machinery is expected to resume Hummer in the third quarter of the year. This will marks the first China company buying one of the most struggling American car maker.
The issues here is not about the ability of Sichuan Tengzhong Heavy Industrial Machinery purchasing Hummer. This is a free-trade world under globalization tag. "Who has the money, they're the winner" and "who does not, they'll be the looser" But the vital issue is that this event will marks that China has the ability to be the world economic leader.
Minister Mentor Lee Kuan Yew once quoted on a conference in Singapore by saying that China will be the next emerging market leader.
How true is that actually? I don't exactly know. Even if Sichuan Tengzhong Heavy Industrial Machinery ability to purchase Hummer, it's still not a solid concrete indicator to verify that China has the credibility to be the next market leader.
How will Hummer under China production? Will the future manufacturer will still maintain the front silver grill on the SUV? Will it go with 19' rims? alloy some more....Will the carbon fiber part still be maintain? I don't know....
We can't predict how does the standard of China productivity. Are they following the ISO as with other country in the world... It's hard to say right now..
But one thing I can assure all of the petrol-heads out there. Hummer will not be the same again if the Luxury SUV be manufacture in the People Republic Of China.
I'm not here to condemn or discriminate the ability of China and its production workers, it's not my right to do so.. and it is still early for me to justify the credibility of Sichuan Tengzhong Heavy Industrial Machinery..... but I just sad that my favorite brand go to other unknown name and not with some other famous brand which will in other hands improvise more on the SUV..

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