Honda and Nissan are inching closer to a partnership, and neither company is in a position to wait. A collaboration can’t come soon enough, and the first piece of it looks like shared ECUs that function as a car’s central brain.

 

Speaking at Honda’s annual general shareholders meeting in Japan late last week, Honda president Toshihiro Mibe said that work with Nissan is “quite far along, with some aspects close to an announcement.” Mibe revealing that an announcement could be just around the corner was likely made in part to quell fears among shareholders after Honda recently posted its first annual net loss in its history.