First of all, it's not my picture, just in case. It made the rounds several months ago.
Budweiser fully intends on keeping the hitches alive to promote the brand. They still have three complete hitches that travel the country year-round. What they have more or less rolled back on is using them as much in advertising spots (especially Super Bowl spots). Which is sad, because those commercials were the highlight of the Super Bowl commercials in my opinion.