Tuesday, June 2, 2009

Tata Motors to take the Hummer brand off GM

Large Automotive Firm Tata Industries today announced that it has bought the Hummer brand off failing US Giant - General Motors.
Tata had the highest bid, with the second highest bid coming from Geely Automotive in China. However in GM's latest statement - it sounds more like Tata will just be taking over the debts of the business than paying for anything.

this is a pisstake....the reality is much worse