Sichuan Tengzhong Takeover of Hummer Seen As ‘Risky’

As General Motors Co. reaches a definitive agreement today to unload Hummer, the question on everyone’s lips remains why anyone would want a luxury SUV brand tarnished by a gas-guzzling image of late-’90s excess.

“That’s a good question,” says Aaron Bragman, an analyst at IHS Global Insight in Troy, MI. “It’s a risky brand.”

And China-based Sichuan Tengzhong Heavy Industrial ...