It looks like GM has failed to sell off yet another of its well-recognized brands, as Chinese regulators leave the Hummer deal dead in the water:

Hummer, the off-road vehicle that once symbolized America’s love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment maker collapsed late Wednesday.
Sichuan Tengzhong Heavy Industrial Machines Co. pulled out of the deal to buy the company from General Motors Co. Tengzhong failed to get clearance from Chinese regulators within the proposed timeframe for the sale, the Chinese manufacturer said Wednesday.

(Pulled out. I feel like I should recruit Beavis + Butthead to assist with this post.) Anyway, the sale which had originally been slated to bring in $500 million or $150 million to the bankrupt $GM, depending on whose figures you believe, will now bring in $0, and environmentalists everywhere can rejoice that these gas-guzzlers are going the same route as the economy currently helmed by their biggest celebrity fan, Ahnold.