General Motors has announced that it will begin to wind down Hummer operations after the take over deal with a Chinese firm failed.  Sources have reported that Beijing had refused to approve the take over, though as of yet no official statement has been given.  One reason proposed by Klaus Paur, North Asia director of [...]

The wake of General Motors‘ June 2009 bankruptcy left several brands stranded: the military-turned-civilian Hummer was sold to a Chinese machinery company, the affordable line of Saturn cars is set to be totally phased out and off lots by this October, and iconic American brand Pontiac will vanish by the end of 2010. Not all [...]