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GM to talk to regulators over Chinese Hummer bid

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GM to talk to regulators over Chinese Hummer bid

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General Motors says it and Tengzhong will begin talking with regulators this week in a bid to obtain government approval for the Chinese company to buy the Hummer brand by the end of September. The relatively unusual step is seen as reflecting widespread scepticism about the deal. Tengzhong is a little known heavy machinery maker with no experience in the car industry.