India, Oct. 27 -- Honda is set to expand its vehicle range in Southeast Asia by entering a segment where it currently has no pickup truck offering. The move will allow the Japanese automaker to add a new body style without developing a completely separate product on its own. For Mitsubishi Motors, the arrangement is expected to support higher output at its Thailand manufacturing facility and improve the use of its existing production capacity.

Honda Pickup: What We Know Honda Motor Co. and Mitsubishi Motors Corporation have signed a memorandum of understanding (MoU) to develop the new pickup. The agreement is the first initiative between the two companies involving the supply of complementary vehicles for their respective line-ups. The c...