Just like we told you on Tuesday, GM’s deal to sell Hummer to Sichuan Tengzhong is now deader than Generalissimo Francisco Franco. Before giving the ‘do not resuscitate’ order, GM admitted their disappointment with the deal’s collapse. Plans are to wind down the Hummer business and close the remaining dealerships in an orderly fashion; GM will continue to honor warranties on Hummer vehicles, presumably through GMC Truck dealerships.
