Motoryzacja

NEW YORK -- General Motors has lined up a Chinese manufacturing company as the buyer for Hummer, in what could be the first entry into the U.S. auto market by a Chinese company.

UPDATED AT 3 P.M.: General Motors has lined up a China machinery company as the buyer for Hummer, marking the first entry into the U.S. auto market by a Chinese company.

General Motors is considering expressions of interest from several potential buyers for its Hummer brand after the planned sale to a Chinese company collapsed, five people briefed on the discussions said.

The U.S. Army is assuring people that General Motors' deal to sell its Hummer brand to a Chinese company has nothing to do with the military version of the rugged vehicle. Officials said some people called the Pentagon, Capitol Hill and AM General LLC, the company that makes the military vehicles, asking whether the rights to the Humvee had been sold to the Chinese.

General Motors Corp., working to sell assets to help keep $13.4 billion in U.S. loans, has drawn interest in its Hummer brand from a Chinese company and a private-equity firm, people familiar with the talks said.