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GM and Honda collaborated on the design of the Cruise Origin, a robotaxi prototype in San Francisco. Photo: Cruise

In a sign of the times, GM and Honda said this week they're looking to develop more vehicles together, sharing platforms and propulsion systems across their product lineups in North America.

Why it matters: Automakers have already been forming strategic alliances to collaborate on expensive technologies like connected, self-driving electric cars. But the pandemic has taken a heavy toll on the industry, heightening the need for cost savings on core products, too.

Details: For now, it's just an agreement to explore a strategic alliance, but the two companies have been partners for 20 years, so a broader deal is likely.

  • In recent years they have collaborated on futuristic projects like fuel cells and the Cruise Origin robotaxi, unveiled in January.
  • In April, Honda announced it would develop two electric vehicles on GM's new Ultium battery platform and embed them with GM's OnStar connected services technology.
  • Now, they're talking about pooling resources on everything from vehicle engineering to purchasing parts and manufacturing.

What they're saying: "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 realize significant synergies in the development of today's vehicle portfolio," GM president Mark Reuss said in a statement.

Go deeper

Dec 11, 2020 - Economy & Business

Hyundai's sprint toward future mobility

Spot, the robot made by Boston Dynamics. Photo: Henrique Casinhas/SOPA Images/LightRocket via Getty Images

Hyundai continues to make aggressive moves as it races to catch up on electric, self-driving cars and other mobility technologies.

The latest: The Korean industrial giant and its chairman agreed to buy an 80% stake in Boston Dynamics — maker of Spot, a four-legged, dog-like robot — from SoftBank.

Ipsos poll: Support growing for abortion rights in Latin America

Members of feminist groups in Saltillo, Mexico, after the decriminalization of abortion was approved in Coahuila, Mexico. Photo: Antonio Ojeda/Agencia Press South/Getty Images

Support for abortion rights in some Latin American countries has jumped considerably since 2014, with Argentina seeing the biggest shift, an Ipsos poll finds.

The big picture: The view that abortion should be permitted at least under certain circumstances is held by a majority of adults surveyed in Argentina, Brazil, Chile, Colombia, Mexico and Peru.

Biden claims "era of relentless war" is over in first UN speech

Photo: Eduardo Munoz/PoolL/AFP via Getty Images

Addressing the UN General Assembly for the first time since taking office, President Biden laid out his vision for how the U.S. will confront what he characterized as a "decisive" next decade in human history.

Why it matters: In the face of unprecedented global challenges — the pandemic, climate change, rising authoritarianism — Biden made a case for multilateralism, democratic values, the rule of law and empathy for common struggles.