Honda Motor Co. will invest $2 billion and take a 5.7 percent stake in General Motors’ Cruise self-driving vehicle unit, extending cooperation between the two automakers in a technology that has enormous costs and risk but no market-ready products.
Citing a reduction in consumer demand and product profitability, Ford is not investing into the next generation sedans.
The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money.