Promoting the Joys of Carfree Life in the USA
(Since February 2006)
Wednesday, February 24, 2010
The Day the Hummer Died
General Motors Co. said Wednesday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed.
Heavy equipment maker Sichuan Tengzhong Heavy Industrial Machines Co. pulled out of the deal for Hummer, known for its hulking, military-style SUVs, because it was unable to get clearance from Chinese regulators within the proposed deal timeframe, the manufacturer said in a separate statement.