Hummer Sale to Chinese Company Falls Through

GM’s planned sale of the Hummer brand to China’s Sichuan Tengzhong Heavy Industrial Machinery Co. has fallen through. GM says it will wind down all operations for the brand.

GM says it will honor all warranties and provide service and parts through other GM dealers. This is the same process that Saturn and Pontiac went through in the past year since GM’s restructuring.

Hummer sales fell 67% in 2009 compared with 2008 to just 9,046 units. Reports from Bloomberg earlier today pointed to the Chinese government’s desire to portray a green image as its huge population is increasingly buying more cars as a reason it would not approve the sale. 

Comments

That's a shame. I have an H3 and think it's great. Do you think another buyer will come along?

I hope another buyer will come along, Hummer is an American icon. Does this end the 90s-early 2000s big SUV stage? Will Hummer's still be produced as military vehicles?

Dave-
Yes, AM General only sold the rights to make the civilian version of the Humvee to GM. The military version is still manufactured by AM General and will continue to be as long as orders are placed.

Does anyone know though if Hummer is owned by the new GM or the old GM? If the old GM, could AM General start manufacturing a civilian version again once it is killed off?

one of the big oil companies should buy the brand to attempt to boost the consumption of gasoline.