General Motors and Honda Motor Company have announced plans to team up in North America to make a range of vehicles. The agreement builds on the partnership between the two automakers announced in April regarding collaboration on EV development. Under the alliance, Honda and GM said, the companies intend to share common vehicle platforms, including electrified and ICE propulsion systems. “This alliance will help both companies accelerate investment in future mobility innovation by freeing up additional resources,” Mark Reuss, president of GM said in a joint statement. “Given our strong track record of collaboration, the companies would realize significant synergies in the development of today’s vehicle portfolio.” The deal exemplifies the ongoing consolidation of the global auto industry, as pressures to cut emissions and move toward EVs strain the capital and engineering resources of even the largest players.

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