General Motors Corp. and Honda Motor Co. Ltd. announce an arrangement for the two companies to provide one another with engines in the near future. The sharing agreement is just that — GM and Honda both take pains to stress that “The agreement includes no equity stake by either company in the other.” Honda will annually supply GM with about 100,000 Ultra-Low Emissions Vehicle (ULEV) compliant multivalve V-6 engines — and, significantly, automatic transmissions as well. Presumably the ...
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