The FINANCIAL — Nikola Corporation and General Motors announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s program. As part of the agreement, Nikola will utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology,
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The FINANCIAL — General Motors and Honda announced that they had signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under
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The FINANCIAL — Four recalls have been issued by the government for some of Honda’s vehicles. The biggest recall includes 608,000 Odysseys from 2018 to 2020, the 2019 and 2020 Passport and the 2019 through 2021 Pilot. Honda is announcing these recalls to encourage each
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The FINANCIAL – Toyota is amending a safety recall involving possible fuel pump failures that can cause engines to stall. Toyota is adding 1.2 million vehicles to a major recall in the U.S. and added vehicles bring the total to 1.8 million.
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