General Motors (G.M.) has decided to close its Hummer brand. The New York Times Dealbook blog that the planned sale of Hummer to the Sichuan Tengzhong Heavy Industrial Machines Company has fallen through. Dealbook says G.M. did not explain why the deal did not work out. Fox News says there had been reports that Chinese regulators were refusing to approve the sale.
John Smith, G.M.'s vice president of corporate planning and alliances, said in a statement. "G.M. will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner."
General Motors (G.M.) has decided to close its Hummer brand. The New York Times Dealbook 
