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Nissan Motor, Honda Motor Begin Feasibility Study For Strategic Partnership For Vehicle Technology
(RTTNews) - Nissan Motor Co., Ltd. (NSANF.PK, NSANY.PK) and Honda Motor Co., Ltd. (HMC) announced Friday that the two companies have signed a memorandum of understanding under which they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence.
The companies said it will be essential to strengthen environmental and electrification technologies as well as software development in order to further accelerate efforts toward carbon neutrality and zero traffic-accident fatalities.
The scope of the feasibility study includes automotive software platforms, core components related to EVs, and complementary products.
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Honda Cuts EV Sales, Investment Targets As It Shifts Focus
Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
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CPSC Recalls: Polaris ROVs, Accessory Heaters, Window Hinge Tracks, Bear Lights, Propane Heaters
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53 days ago
CPSC Recalls: Honda Motorcycles, Power Adapters, Hair Dryers, Children's Pajamas
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Honda off-road motorcycles, power adapters, hair dryers, and children's pajamas, citing various reasons. Torrance, California-based American Honda Motor Co. Inc., affiliated to Japanese automajor Honda Motor Co., has called back about 40,700 units of off-road motorcycles citing crash and injury risks.
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327 days ago
Toyota Stock Hit By Halt Of 3 Models, HQ Raid By Japan Officials
Toyota Motor Corp. stock was hit on Tuesday's trading in Japan after the Japanese auto major announced the halt of shipments and sales of three models produced in the country following certification issues and a raid at its headquarters by government officials.
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358 days ago
Honda, GM, Cruise To Begin Driverless Ridehail Service In Japan In 2026
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587 days ago
Nissan Recalls 236K Sentra Sedans For Steering Issue
Japanese auto major Nissan Motor Co., Ltd. has issued a recall of more than 236,000 cars citing possible steering control problem, according to the National Highway Traffic Safety Administration or NHTSA. The recall involves Sentra compact cars from the 2020 through 2022 model years.
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American Honda Recalls Honda TRX90X All-Terrain Vehicles
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC.
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France GDP Growth Confirmed At 0.1%
The French economy recovered in the first quarter, as initially estimated, the statistical office INSEE reported Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent.
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