Honda to Use GM European Plants to Recycle Vehicles

Honda Motor Co., Japan's second-biggest automaker, will contract with General Motors Corp. to use the world's biggest automaker's European plants for recycling scrapped vehicles, the Nihon Keizai newspaper said, without citing sources.

Honda, which has less than a 2 percent share of the European automobile market, has had difficulty building its own recycling plants in the region, the paper said. General Motors will be able to reduce operating costs by increasing the number of vehicles it recycles, the paper said.