Ode to the Fallen Hummer – China Business
www.salon.com — How low has the Hummer brand sunk? China, a country whose water and air pollution beggars description, a country that is the world's largest consumer of coal and the planet's biggest greenhouse gas emitter, a country where conspicuous consumption by newly affluent millions is considered a long-denied imperial birthright, cannot stomach the idea of bringing into its industrial fold "the poster child for American gas guzzling extravagance."
The quixotic dreams of the Sichuan Tengzhong Heavy Industrial Machinery Co. have been dashed. GM didn't spell out the reasons, but on Thursday China's government made clear its own opinion.
