DAN STRUMPF
AP Business Writer
NEW YORK – Unless a last-minute buyer steps forward, General Motors Co.’s Hummer brand is fading into history.
The sale of the sport utility vehicle brand with military roots to a Chinese heavy equipment maker has collapsed. GM said it would still hear offers for the company, but potential investors would have to move fast.
“In the early phases of the wind-down, we’ll entertain offers and determine their viability, but that will have to happen in pretty short order,” said GM spokesman Nick Richards.