GM Enters into MoU with Buyer for HUMMER
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Hummer vehicles on sale ar seen at a dealer in New York, the United States, on May 27, 2009. General Motors Corp (GM) announced on June 2 that it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand, a day after it filed for bankruptcy protection. [Xinhua]
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(Xinhua News Agency June 3, 2009)