Neuromarketing thinks the reason Tengzhong is seeking to buy HUMMER from GM is to give global brand recognition to the products of the little-known industrial equipment maker. From HUMMER – All About Branding:
What better way to leverage this powerful brand image than to extend it to a broader line of industrial vehicles? If Tengzhong aspires to build a strong export market for its current and future commercial product, do you think it would be more successful if these vehicles were branded “Tengzhong” or “HUMMER”?
…if you are a little-known Chinese equipment maker who wants to go to war with with the likes of Caterpillar, Mercedes, and Volvo, wouldn’t you like to enter the battlefield in a HUMMER?
The hypothetical illustration above was part of the Neuromarketing post – the Tengzhong truck is real, but not the HUMMER branding and chrome!
Maybe they should have bought HOT WHEELS.TONKA or BUDDY L.Wish Penske would have wanted Hummer.These Chinese could care less they just wanted the name.