GM may finally be losing some dead weight -- well over 6,400 pounds per H2 of it. Reuters reports that a group of investors is eyeing GM's not-too-fuel-friendly Hummer brand. Reuters reports, "Two Gulf Arab investors have expressed interest in buying General Motors Corp's (GM) Hummer brand," and adds "GM was readying sales documents for its Hummer brand and had initial expressions of interest from potential buyers that it hoped to develop into formal sale talks, the automaker's Chief Executive Rick Wagoner said on August 21."

Industry experts have long said that Hummer is a must-sell for GM as sales of the military-inspired SUVs are tanking and GM struggles to raise cash to fund a company-wide turn around.

Interest in American-owned car brands isn't unheard of in the Gulf. The Gulf Daily News (Baharain) quotes Terry Johnson, GM's Middle East Managing director, as saying: "For sure, there has been interest from various parties within the Gulf ... there is a precedent in the cases of Aston Martin, Ferrari or Daimler, and those kinds of solutions could be very realistic solutions." The Gulf Daily News says that investors from the Golf spent $60 billion on forgein assets last year. "In the car industry, Abu Dhabi's Mubadala Development bought a five per cent stake in Ferrari in 2005, while Kuwait's Investment Dar last year bought half of Aston Martin. Dubai International Capital, which bought a $1 billion stake in DaimlerChrysler in 2005, said in May last year it had sold all its shares in the carmaker."

Earlier reports of other foreign buyers purchasing Hummer have turned out to be untrue.

If you're interested in getting a GM-made Hummer, check out our reviews of the H2, H3 and brand new H3T.