Honda and Nissan's Software Alliance: A Misstep in Industry Transparency? The news of Honda and Nissan's potential software alliance has sent shockwaves through the automotive industry.
While some hail it as a beacon of cooperation between former rivals, closer examination reveals that this deal is primarily about cost cutting. Honda's struggles in China are particularly notable.
The company's combustion engine and hybrid market shrank by 40% in the quarter, with retail units falling 50% year over year.