Now rumor has it (rumor good enough for the New York Times to report on) that the unlikely winner is a Chinese concern. Actually, it is of some concern -- the machinery maker Sichuan Tengzhong Heavy Industrial Machinery Company has no experience in producing automobiles, only recently dipping its toe into heavy trucks. (Its usual stock in trade runs to bridge piers and highway construction and maintenance machinery.) What's more notable is that the deal isn't quite sealed, since it awaits approval by Chinese administrators.
Dear 3,000: Please continue holding your breath.
--Posted by Todd Obolsky, Vault Staff Writer
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