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GM and Honda form North American alliance

Large  Small Date:2020-09-08  From:ICC
Note: GM and Honda have signed a non-binding memorandum of understanding to form the North American Automobile Alliance
GM and Honda have signed a non-binding memorandum of understanding to form the North American Automobile Alliance. In addition to the vehicle platform (which also applies to electric vehicles), this will also involve cooperation in purchasing and research.

According to the two manufacturers, the scope of the planned alliance will include a series of vehicles to be sold under the different brands of each company, as well as cooperation in areas such as procurement and research and development. After "detailed preliminary negotiations", a letter of intent has now been signed for broader cooperation.
 
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