General Motors Co. and Honda Motor Co. Ltd. on Thursday …
General Motors Co. and Honda Motor Co. Ltd. on Thursday said they have signed a memorandum of understanding toward establishing a strategic alliance in North America. The partnership would build on previous collaborations in electrified vehicles and technologies, enabling both companies to explore sharing vehicle platforms and propulsion systems. It includes a range of each company’s vehicles as well as cooperation in purchasing, research and development, potential manufacturing efficiencies and connected services that could save both companies costs as they develop and deploy new technologies.
