These reports said the foreign press, and authoritative source familiar with the progress of talks between the two sides, with statements of Reuters reported that "GM and perhaps Tengz hong close agreement even within the week."

It is worth mentioning that if agreement is finalized, it will be the first major market for U.S. industrial unit from Chinese company, while the Chinese seek to enter into high-visibility Western high-tech companies.

This announcement, however, has not yet officially confirmed, after the U.S. parent company GM has avoided any comment and could not by any means of communication with the Chinese company.

As mentioned, however, in all media of America, the sale of the unit manufactures the Hummer vehicle is part of the active reconstruction of the American automobile industry.

Eurodb Automotive is all set to lead the used car market with increasing buyers logging online to make decisions in the car market in Australia.