General Motors will wind down its Hummer brand after a proposed sale to China’s Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through.  GM said in a statement that Tengzhong “was unable to complete the acquisition.”  Reports have indicated that the company failed to win Chinese government approval of the sale.  GM has said it will honor warranties, provide spare parts and will support service for Hummers worldwide. GM currently has 153 Hummer dealers in the United States.

The failed deal likely seals the fate of the last of GM’s four unwanted U.S. brands. GM is winding down Saturn after its sale fell through in September. Pontiac is also being phased out. GM yesterday completed the sale of Saab to Dutch niche carmaker Spyker Cars NV.  GM is open to receiving other bids for Hummer as it winds down the brand, the source said. The sale of Saab arose out of a similar situation: Spyker entered a bid after a proposed sale of Saab to another party fell through in November. Many believe the chances of resurrecting Hummer are viewed as slimmer than they were at Saab.