China's Changfeng had talks on GM's Hummer -source

Newswire

By Fang Yan SHANGHAI, Aug 18 (Reuters) - General Motors Corp has had preliminary talks with Hunan Changfeng Motor Co on a possible sale of its Hummer brand but the Chinese sport utility vehicle (SUV) maker has backed off, a source with direct knowledge of the matter said. GM, struggling against a downturn in the North American auto market and high oil prices, has explored a sale of its gas-gazzling SUV brand with potential buyers in Russia and India as well as in China, sources familiar ...

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