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Honda And General Motors Establishes A Strategic Alliance In North America

Honda And General Motors Establishes A Strategic Alliance In North America

General Motors and Honda have 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 each company’s distinct brands, as well as cooperation in purchasing, research and development, and connected services.

Under the proposed alliance, Honda and GM would collaborate on a variety of segments in North America, intending to share common vehicle platforms, including both electrified and internal combustion propulsion systems that align with the vehicle platforms. Co-development planning discussions will begin immediately, with engineering work beginning in early 2021.

Introducing advanced technology is imperative, given shifting consumer and regulatory requirements. To address this challenge efficiently, the alliance would explore combining the R&D efforts between the two companies related to advanced technology areas, including electrical architecture, advanced driver assist systems, infotainment, connectivity and vehicle-to-everything communication.

“This alliance will help both companies accelerate investment in future mobility innovation by freeing up additional resources. Given our strong track record of collaboration, the companies would realise significant synergies in the development of today’s vehicle portfolio,” said Mark Reuss, president of General Motors.

“Through this new alliance with GM, we can achieve substantial cost efficiencies in North America that will enable us to invest in future mobility technology, while maintaining our own distinct and competitive product offerings. Combining the strengths of each company, and by carefully determining what we will do on our own and what we will do in collaboration, we will strive to build a win-win relationship to create new value for our customers. In this way, Honda will continue making steady progress in solidifying our existing business by realising strong products, strong manufacturing capability and a strong business structure,” said Seiji Kuraishi, executive vice president of Honda Motor Co., Ltd.

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Honda Shuts Automobile Production In Philippines

Honda Shuts Automobile Production In Philippines

Honda Cars Philippines (HCPI), Incorporated which produces passenger cars, BR-V, City has announced that it will stop production operations in its plant in Sta. Rosa, Laguna, effective March, 2020. The automaker has struggled to shore up global automobile operations.

According to Reuters, the automaker has seen a decline in profitability by more than half in the past two years, led by quality-related issues. However, automobile sales and after-sales service operations in Philippines will continue through Honda’s Asia and Oceania regional network.

To meet its customer needs in Philippines for reasonably priced and good quality products, the company has considered efficient allocation and distribution of resources. As such, Honda will focus and optimise efforts in production operations in the Asia and Oceania region.

 

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Kennametal Receives Indirect Procurement Supplier Award From Honda

Kennametal Receives Indirect Procurement Supplier Award From Honda

Kennametal Inc. was recently awarded a 2019 Indirect Procurement Supplier Award for Performance Excellence by Honda. The award places Kennametal amongst an elite group of 22 honoured suppliers that provide indirect products and services to Honda’s manufacturing plants in North America, including Honda’s corporate functions across the region. The awards were presented at the annual Honda Indirect Procurement Supplier Conference held at the Bridgewater Banquet and Conference Centre in Powell, Ohio.

Award-winning suppliers were selected for achievements in the categories of Special Recognition, Outstanding Value and Performance Excellence, as well as the Supplier of the Year. These outstanding honourees were selected from the more than 2,200 suppliers that provide equipment, products and services to Honda manufacturing plants and corporate functions across North America.

“Our suppliers and business partners make us a stronger company, helping us realise innovation and advancement, by delivering the benefits the marketplace has to offer,” said Monica Oliverio, department manager of the North American Indirect Procurement Department at Honda of America Mfg Inc. “This complimentary and valued relationship is an important part of our mutual success.”

 

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