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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Jaguar Land Rover: Too expensive to build cars in India

Tata boss Ratan Tata has said that building Jaguar Land Rover in India is impossible at the moment because of silly taxes. With the rise and rise of Jaguar Land Rover, you’d imagine that full scale production of both Jaguar and Land Rover models would be a given in India. But it seems not.

Mitsubishi to preview next generation SUVs in Tokyo

Mitsubishi will showcase three new concept cars at next month’s Tokyo Motor Show, all of which are said to preview the next generation of Mitsubishi SUVs. They’re called the Mitsubishi Concept GC-PHEV, the Mitsubishi Concept XR-PHEV and the Mitsubishi Concept AR. On Bing: see pictures of Mitsubishi concept cars Find out how much a used Mitsubishi costs on Auto Trader The Concept GC-PHEV – or Grand Cruiser – is a full size SUV that will provide several clues to the future direction of the venerable Mitsubishi Shogun.