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The Wall Street Journal said Saturday that the executive, whose name was not revealed, dismissed the report from China National Radio that regulators would reject the deal due to environmental concerns and the buyer's lack of experience building cars.

The executive chalked the report up to "pure speculation", and the Journal described the China National Radio report as an "analysis" written by a reporter.

The proposed purchase of Hummer by Sichuan Tengzhong Heavy Industry Machinery requires government approval. Company officials will meet with regulators on Monday with the discussions expected to last several weeks.

General Motors put Hummer on the block as part of its bankruptcy overhaul and new emphasis on fuel-efficient vehicles.

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