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Sony and Honda sign agreement to create joint venture to build, sell EVs, with first model coming by 2025; Honda to provide manufacturing, Sony to provide tech expertise in new firm to be named Sony Honda Mobility Inc.

Five automakers file motion in support of EPA in court case brought by 17 states challenging EPA’s waiver allowing California set its own emission standards; EPA waiver lets California set emissions standards independent of federal Clean Air Act

Honda reports May US sales down 57.3% month-over-month at 75,491 units, with sales limited by lowest on-hand inventory in recent history; strong demand yields record high turn rates of over 80% for Honda brand with over 50% of Civics, CR-Vs pre-sold

Toyota cuts June production for second time in a week, is now projected to make 800,000 units in month due to microchip shortage; Honda cuts production by 20% at two Japanese plants, as Subaru warns of record low US stockpile of 5,000 vehicles

Toyota receives highest rating in latest Plante Moran North American OEM-Supplier Working Relations Index followed by Honda, GM, Ford, Nissan, Stellantis; positive supplier relations can translate to better pricing, more technology sharing, better support

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