GM is looking at two offers for its Hummer brand after a deal to sell the line of sport utility vehicles to a Chinese manufacturer collapsed this week, a person familiar with the situation said Thursday. Sounds very similar to the Saab sale, which was also on again, off again. I suppose it is worth selling rather then letting it go idle. All we have for now is an article on the Wall Steet Journal quoting an unknown source. More to come.

Quote from the article:

The latest suitors previously submitted bids for Hummer, which GM turned down in favor of a deal with China's Sichuan Tengzhong Heavy Industrial Machinery. But the auto maker is giving the bidders a fresh look after Tengzhong failed to win approval from Chinese regulators for its bid, the knowledgeable person said.

Source: GM Looks at Two Hummer Offers