Hummer HX ConceptYes, Hummer fans. Blame it on the oil crunch. We won’t be seeing all-new Hummers for now. And dread it if it’s going to be for good. General Motors has put on hold all developments of the new H3 and the H4 in efforts to arrest the shifting interest of the market.

SUV sales are down, hybrids and small city cars are back. In a business sense, it’s not very likely that GM will break even with the sale slump and the development cost. Also affected, aside from the new H3 and H4 is a planned next-generation H2. However, while all future developments have ground to a halt, GM is still keen on launching the Hummer H3T late this year.

One implication of what’s happening with Hummer is a dreaded sale of the brand. Killing off the Hummer is highly impractical because of the expense and with GM posting huge losses, they might just have to console themselves by selling it off.

Really sad news for Hummer fans this.