Having failed to sell the Hummer brand off to a Chinese car manufacturer, GM is shutting it down. This car was like the high-fructose corn syrup of automobiles, something that concentrated everything bad about motoring until it underwent a phase-change and somehow became an object of desire.
"We have since considered a number of possibilities for Hummer along the way and we are disappointed that the deal with Tengzhong could not be completed," said John Smith, GM's vice-president of corporate planning and alliances.
"GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner."
Hummer brand to be wound down after sale fails
(via Memex 1.1)
(Image: Hummer limousine, a Creative Commons Attribution ShareAlike image from Franco Folini's photostream)
