Chinese automakers have an unlikely U.S. player.
In June, a little-known Chinese heavy-equipment maker, Sichuan Tengzhong Heavy Industrial Machinery Co., struck a deal to acquire Hummer from General Motors.
There's one potential catch, though: Some Chinese media outlets reported that China's central government, which takes a special interest in the auto industry, may quash the deal. Tengzhong was talking to the government about the deal last week but had not yet submitted a formal application to government regulators.
If the deal is approved, Hummer CEO Jim Taylor says, Tengzhong will fund product development and not be a hands-on operator. The deal was expected to close by Sept. 30.
Late last year, a deal by China's Chery Automobile Co. to assemble small cars for Chrysler fell apart.
Both Ford Motor Co.'s partner in China, Chongqing Changan Automobile Co., and China FAW Group Corp. plan to assemble cars in Mexico in the next few years. They have mentioned shipping cars to the United States from Mexico, but they have not spelled out timing or other specifics.
Three small automakers -- Zhejiang Geely Automobile Group, Brilliance Jinbei Automotive Co. and BYD Auto Co. -- also have expressed interest in selling vehicles in the United States. But they, too, have avoided specifics.