Displaying Items By Tag: Toyota

Honda and GM are moving ever closer together. The two automotive goliaths signed a memorandum of understanding today toward establishing an alliance in North America. Earlier this year, it was announced that Honda would be borrowing GM's EV technology to build two electric cars sold under the Honda name in the U.S. Today's move looks like it has the potential to cement the two companies even closer.

As of now, the proposed alliance would have the two collaborating on electric powertrain tech, internal combustion engines, vehicle platforms, connected services (infotainment technology), purchasing and general R&D. Honda and GM would collaborate in certain vehicle segments, already expressing intentions to share common vehicle platforms.

TOKYO — The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi, will have each company focusing on geographic regions.