Will You Miss Hummer?
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Feb. 25, 2010


The economy is supposed to be in the throes of recovery, but that hasn't saved some popular brands from biting the dust. General Motors said this week it would begin to wind down its Hummer business after the company failed to complete a deal with a Chinese company that had planned to buy the division.


New GM 2010 Hummers H3 are seen at the Team Chevrolet Hummer dealership in Pasadena, Calif., on Wednesday, Feb. 24, 2010. General Motors today announced that Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. (Tengzhong) was unable to complete the acquisition of HUMMER. As a result, GM will begin the orderly wind-down of the HUMMER operations.
Hummer is one of several brands GM has scuttled as the embattled auto company works to restructure itself into a leaner, more profitable firm and pay back the billions of dollars it received in government aid. GM last year bid goodbye to its Saturn and Pontiac brands.

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