Hummer lacks a future product plan.
"Until we have a deal, we have some hypothetical product plans," Hummer CEO Jim Taylor said.
In June, General Motors announced that China's Sichuan Tengzhong Heavy Industrial Machinery Co., a heavy-equipment maker, was the winning bidder to purchase Hummer. Taylor hopes the deal will close at the end of September.
If the deal is approved, Taylor expects to push ahead on a wish list for Hummer products that would be funded by Tengzhong. He wants to re-engineer and restyle the H2, restyle the H3 and possibly add an H4 for young buyers.
Hummer production at GM has ended.
The Hummer team now consists of Taylor and about 30 others. If the deal goes through, the company will employ about 100 people to direct product development and marketing.
Here is Taylor's wish list.
H2: H2 production ended last December. Taylor said it would take three or four months to get H2 production running again if the deal is approved. The H2 was the sole vehicle produced by AM General at its plant in Mishawaka, Ind.
Taylor said Tengzhong supports the H2 styling and engineering changes that have been proposed by the Hummer team. Those changes likely would not appear until at least 24 months after the Chinese company acquires Hummer.