General Motors and Honda to jointly develop vehicles in North America

General Motors

General Motors and Honda Motor on Thursday revealed plans to team up in North America to make a series of vehicles, deepening their ties as the auto industry comes under more pressure to share technology and costs to meet demands for cleaner automobiles. Under the alliance, both automakers said, they intend to share common vehicle […]

Honda invests in China’s CATL for developing electric vehicle batteries

Contemporary Amperex Technology CATL logo

Japanese automaker Honda Motor will purchase a 1% stake in Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will together develop EV batteries, the companies stated on Friday. The move comes at a time when automakers and EV battery makers are getting along to develop electric vehicles. CATL said last […]

Japanese automakers’ May global sales declined 38% due to coronavirus

Tokyo, Japan

Japanese automakers’ global sales dropped 38% in May, in the third straight month of big declines as most automotive factories and dealerships remained shut because of coronavirus lockdowns. The country’s seven major automakers sold about 1.47 million vehicles last month, dropping significantly from 2.38 million units a year ago, according to Reuters calculations based on […]

Toyota, Nissan and Honda gear up to restart Mexico plants

Toyota Motor, Nissan Motor, Honda Motor

Japanese automakers Toyota, Nissan and Honda stated they are gradually resuming plants in Mexico as the country’s automotive industry reboots in line with a broader economic reopening, even though numbers of new coronavirus cases continue to increase. Mexican officials in mid-May stated the automotive industry could exit the coronavirus lockdown before June 1 if the […]