Honda plans to invest $2.75 billion in GM's autonomous vehicle operations, including plans to develop and deploy a purpose-built self-driving vehicle. Honda will receive a 5.7 percent stake in GM Cruise.
GM's 'deeply trustful' bond with Honda; Renault-Nissan, Daimler mull deeper ties; Ford seeks unity on AVs; Reynolds settlement; China's GAC may delay U.S. entry; In Paris: Peugeot E-Legend, Ferrari Monza.
Honda had a strong U.S. sales performance in September from the freshened Honda Pilot and re-engineered Acura RDX crossovers, but lower sales across the rest of the line resulted in a 7 percent sales dip from the year-earlier period.
Honda is beginning the next round of recalls for Takata passenger front airbag inflators a couple months ahead of schedule because it has adequate replacement parts in stock and has had high repair rates so far.