A Hummer is on display at the Herb Chambers GM dealership in Danvers, Mass. Chinese automakers are interested in buying up iconic brands such as Hummer in order to gain technological expertise in the automotive market.
America’s auto titans are dismantling their global empires. But across the Pacific, it’s as if the global economic forces that have pummeled Detroit never struck. Chinese auto sales are up, and this year China is projected to displace Japan as the world’s largest car producer.