General Motors has been unable to complete the sale of it’s Hummer brand to China-based Tengzhong and will now wind down operations of the vehicles. General Motors has said it will close down Hummer after a chinese bid collapsed. Sales of the giant cars have slumped from more than 71,000 in the US in 2006 to just over 9,000 last year.
Poor fuel consumption, emissions and the sheer size also attracted plenty of attention from campaigners and made them expensive to run. Rising fuel prices and economic conditions worsened turning buyers away from the Hummer.
GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in a responsible and orderly manner. GM claims Hummer owner warranties will still be honoured, while their service support and spare parts needs will continue to be met.
The petrol-guzzling vehicles were adapted from the military Humvee and launched commercially in 1992.
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