For the first time in 78 years, historic outsourcing prompted by losses: Honda (HMC.US) partners with Tata Technologies to reduce costs and boost efficiency in new vehicle production

According to Golden Ten Data, sources revealed that Honda Motor (HMC.US) has outsourced its new car series development project to Tata Technologies Ltd. This marks the first time the Japanese automaker has entrusted an Indian engineering services company with building an end-to-end platform, aiming to significantly reduce costs. Anonymous sources stated that this platform is expected to support multiple models and will be compatible with traditional internal combustion powertrains, hybrid, and fully electric options. They did not specify which markets the vehicles engineered by Tata will be sold in.