Hyundai Motor Company and General Motors have outlined plans to co-develop five new vehicles, marking the first products of their strategic alliance. The companies aim to launch the jointly engineered models in 2028, with production capacity projected to exceed 800,000 units annually once fully scaled.
Four of the co-developed vehicles will target Central and South American markets. This lineup includes a compact SUV, a car, a small pickup, and a mid-size pickup, each designed for either internal combustion or hybrid powertrains. Separately, Hyundai and GM will collaborate on an electric commercial van intended for the North American market, with U.S. assembly expected to begin in 2028.
Under the partnership, GM will take the lead on the mid-size pickup platform development, while Hyundai will steer work on the compact vehicle platform and the electric van architecture. Both automakers will share core platforms but will apply distinct interior and exterior designs to align with their brand identities.
Work is already underway on design and engineering for the Central and South American models, with Hyundai and GM coordinating joint sourcing initiatives in the Americas. These efforts will cover materials procurement, transportation, and logistics, and may extend to raw materials, key components, and complex system integration. The agreement also includes a commitment to explore low-carbon steel solutions to support sustainable manufacturing practices.
“Hyundai’s strategic collaboration with GM will help us continue to deliver value and choice to our customers across multiple vehicle segments and markets,” said José Muñoz, President and CEO of Hyundai Motor Company. “Our combined scale in North and South America helps us to more efficiently provide our customers more of what they want – beautifully designed, high-quality, safety focused vehicles with technology they appreciate.”
Shilpan Amin, GM senior VP and global chief procurement and supply chain officer, said the vehicles announced today were targeted at the largest segments in the Central and South American markets, as well as the commercial segment in North America.
“By partnering together, GM and Hyundai will bring more choice to our customers faster, and at lower cost,” Amin said. “These first co-developed vehicles clearly demonstrate how GM and Hyundai will leverage our complementary strengths and combined scale.”
Since signing their framework agreement in September 2024, Hyundai and GM have also been evaluating additional joint development opportunities across global markets and propulsion technologies, including internal combustion, hybrid, battery electric, and hydrogen fuel cells.
Source: Hyundai Motor Company Newsroom
