Quote:
Scuttlebutt
Ward's Auto World, Feb, 2000
Engine Deal Could Lead to Future Links General Motors Corp. is no novice when it comes to V-6 engines: It makes 2.6 million of them each year. So why did GM cut a deal with Honda Motor Co. Ltd. to take some 100,000 Honda V-6s annually in exchange for about the same number of 4-cyl. diesels built by GM's Japanese affiliate, Isuzu Motors Ltd.?
The answer is each automaker gets something it needs without additional investments and to explore future collaborations. "We wanted to get closer to Honda," admits a high-ranking GM official, "and get to know them." Dispelling speculation that Honda may abandon its go-alone stance, President Hiroyuki Yoshino says the tie-up actually "will strengthen our ability to maintain this course." GM will get a Honda ultra low emission vehicle (ULEV) V-6 whose displacement is yet to be re-vealed. Honda will get Isuzu's 2L turbodiesels produced in Poland for its Civic models and a 2.2L turbodiesel version built in Germany for Accord models. GM will install the Honda V-6 in vehicles for the North American market, while the Isuzu diesels will be used in European markets. GM is cagey about where the Honda V-6s will be used. A source says "four or five vehicles" are being considered for '02 and '03 model years. Likely candidates include the new Cadillac Catera coming in '02.