Latest Automaker Dance Card

Here is a revised version of my earlier graphic (posted originally here) which includes the latest updates in the seismic re-ordering of the global automotive industry. Updates to this version include:

• the cancellation of GM's sale of Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Company, and the General's decision to shutter the brand.
• Similarly, the sale of the Saturn brand to Penske fell through, so Saturn will also be closed down, with all its dealers.
• GM decided ultimately NOT to sell its European Opel division to parts supplier Magna International, opting to retain it instead, causing significant teeth-gnashing among the Germans, Russians and Canadians.
• Ford is completing the sale of Volvo to Geely, a Chinese automaker seeking an American presence.
• Saab was sold off ... but not to Koenigsegg, as earlier attempted, but instead to Spyker Cars, also of Sweden.
• And Mitsubishi and Peugeot-Citroen are rumored to be cozying up to a stock-swap deal that would cement a strategic alliance between the Japanese and French automakers.

So, never a dull moment. It's a soap opera these days. You literally cannot tell the players without a scorecard. Stay tuned as the automotive fallout from the financial meltdown is quite likely far from over.