Sorry Hummer fans. Your high powered vehicle is now released by one of the world’s biggest car manufacturer in the planet, not to mention the millions of dollars lost and thousands of people who lost their jobs under this car manufacturer during the global recession.

On GM’s side, this transaction unloads a bi burden off their shoulders. The sale only cost at around $150 million dollars for the sale of this brand to China’s Sichuan Tengzhong Heavy Industrial Machinery Co. If evaluated, the amount of money involved is just small but this will really help GM on their financial lost.

According to Fritz Henderson, GM President and CEO, “HUMMER is a strong global niche brand and this agreement signifies another important milestone in writing the next chapter for both GM and HUMMER”. “For HUMMER, the combination of its knowledgeable leadership team, vehicle design expertise and the capital financing of Tengzhong portend a successful future.” And as a result of the deal, around 3,000 jobs are expected to be saved.

On the other hand, the struggling auto maker also revived one of their fairly good cars into a police patrol car. The Chevy Caprice is now being catered as a police patrol car for the North American Market. It is a good thing that GM came out with the idea because they realized that the Caprice (the same as the Pontiac G8) is too good to waste.

The Chevy Caprice police car will initially be powered by an E85-compatible 6.0-liter V8 that produces 355 horsepower and 385 lb-ft. of torque. The engine is mated to a six-speed automatic and, like the G8, power is transferred to the real wheels. GM says the cop car reaches 0 to 60 mph in less than six seconds.