{"id":1105,"date":"2009-10-09T00:00:00","date_gmt":"2009-10-09T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/purchase-confirmed-in-deal-that-could-leave-owners-of-used-cars-in-new-jersey-wary\/"},"modified":"2009-10-09T00:00:00","modified_gmt":"2009-10-09T00:00:00","slug":"purchase-confirmed-in-deal-that-could-leave-owners-of-used-cars-in-new-jersey-wary","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/purchase-confirmed-in-deal-that-could-leave-owners-of-used-cars-in-new-jersey-wary\/","title":{"rendered":"Purchase confirmed in deal that could leave owners of used cars in New Jersey wary"},"content":{"rendered":"

General Motors is still trying to shed some of its niche businesses, selling Saab<\/a> to a supercar manufacturer and attempting to slough off Saturn<\/a> on a major automotive parts dealer. When it comes to its largest vehicles, it took a trip to China in a move that could leave some owners of used cars in New Jersey<\/a> shaking their head.<\/p>\n

The company announced that a memorandum of understanding is now in place to sell Hummer to a Chinese industrial manufacturer, although the base of operations and assembly will remain in the U.S., according to GM officials.<\/p>\n

Interestingly, the press release notes that the automaker sold 8.5 million cars under the “Buick<\/a>, Cadillac<\/a>, Chevrolet<\/a>, GMC<\/a>, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling” nameplates.<\/p>\n

Owners of used cars in New Jersey may know that only Buick, Cadillac, Chevrolet and GMC will continue to be sold as U.S. models from GM starting in 2010.<\/p>\n

The news could hearten some who look to Hummer as a potential supplier of future used cars in New Jersey, but the press release detailed little of how the new owners would operate the brand.<\/p>\n","protected":false},"excerpt":{"rendered":"

General Motors is still trying to shed some of its niche businesses, selling Saab to a supercar manufacturer and attempting to slough off Saturn on a major automotive parts dealer. 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