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February 25, 2010

GM: end of the road for Hummer brand

  • But the car maker will continue to honor existing Hummer warranties.
    • By DAN STRUMPF
    AP Auto Writer

    DETROIT — 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.


     
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