Latest News

JK Tyre Launches ‘Shresth Plus’ Premium Tractor Tyre |

New Holland Launches WORKMASTER 105 in Telangana|

Case IH Expands Dealer Network with Townson Tractors|

Mahindra Appoints Harsh K. Rai as CEO for Farm Division|

New Holland Debuts 3032 TX Smart Tractor at KDE 2026|

Komatsu Debuts New Machines at ConExpo 2026|

Gencor Showcases New Innovations at ConExpo 2026|

Zoomlion to Showcase Construction Tech at CONEXPO|

Swaraj Tractors Extends Partnership with MS Dhoni|

SAKAI Debuts Pneumatic Tire Roller at CONEXPO|

Blaw-Knox Showcases New Highway-Class Pavers |

Tadano Debuts Aerial Work Platforms at CONEXPO 2026|

RUBBLE MASTER Launches Impact Crushers 2026|

BOMAG Showcases Compaction Equipment at CONEXPO|

John Deere Upgrades 8-Series with New 8R and 8RX Models|

Massey Ferguson Updates MF 9S Tractor Series|

Discover Battery Showcases Lithium Tech at ConExpo|

Link-Belt Unveils New Excavators at ConExpo 2026|

JLG Showcases Smart construction Tech at CONEXPO|

Epiroc Showcases Construction Technology at CONEXPO|

Escorts Kubota Tractor Sales Growth in February 2026|

John Deere Introduces 130HP 5M Series Tractor in India|

VST Reports 36% Sales Growth in February 2026|

AGCO Corporation Appoints Holtberg-Benge as CIO|

Sinoboom Introduces Dual-ETM Smart Technology|

Zoomlion Unveils North America Machines at CONEXPO|

Sinoboom Showcases Smart Technology at CONEXPO|

Lingong Showcases New Equipment at CONEXPO 2026|

DEVELON Unveils -9 Series Excavators at CONEXPO 2026|

Jacto Launches 5030 NPK Fertilizer Spreader|

Nordson Precision Agriculture Acquires CapstanAG |

Titan Appoints Kendra Mann AG Aftermarket Director|

HD Construction Equipment Grows in Australia|

Doosan Bobcat Expands India Excavator Reach |

Bank of Baroda Partners with Tata Hitachi and SANY|

VST Showcases Farm Machinery at Krishi Expo|

CASE Construction Updates G Series Wheel Loaders |

John Deere & Tarter Launches Rotary Cutters|

Mitas Launches Mitrak Agricultural Rubber Tracks|

SANY Introduces SSR212 Single-Drum Roller |

Liebherr Launches New R 9100 Gen 8 Mining Excavator|

Shaktiman Expands Women in Agri Mechanization|

SIP Expands New STAR Rotary Rake Range|

Epiroc Launches New Gen Mining EV Charging System|

American Augers M150D Fluid Cleaning System|

Komatsu Unveils New D175AX-10 Large Dozer|

VST Tractor Sales Rise 12.5% in March 2026|

Metso Expands Nors Exclusive Distribution Territory |

BEML Launches First Indigenous Electric Dump Truck|

Sonalika Tractors Highest-Ever Sales in FY’26|

TAFE Records Highest-Ever Tractor Sales in FY26|

Caterpillar Appoints Kyle Epley as New CFO |

King Kutter Appoints Hughes as New Sales Director|

All
- Loading...

About Us|T & C|Contact|Privacy

onClick=handleToggle

Subscription Plans

Grow better with the right plan

Choose only the relevant plan group and compare a cleaner set of cards on mobile.

Compare the individual plans only, with a cleaner mobile layout built for solo users.

Individual Basic

Individual Plan

Built for individual professionals who need premium news access and a clean entry plan.

₹0.00

/year

Individual Pro

Individual Plan

Designed for advanced individual users who need more tools and broader content access.

₹0.00

/year

Hyundai and GM Sign MoU to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies

Business |Agreements & Stratergies

Both Companies to investigate joint product development, manufacturing and future clean energy technologies.

905 views | Date: September 13, 2024

Hyundai and GM Sign MoU to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies

Want a quick snapshot?

View Flash Reports and insights for this market.

Click to explore interactive charts & trends.

New York- General Motors and Hyundai Motor Company have signed an agreement to explore future collaboration across key strategic areas.

GM and Hyundai will look for ways to leverage their complementary scale and strengths to reduce costs and bring a wider range of vehicles and technologies to customers faster.

Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies.

The two leading global OEMs also will review opportunities for combined sourcing in areas such as battery raw materials, steel and other areas.

The framework agreement was signed by Hyundai Motor Group Executive Chair Euisun Chung and GM Chair and CEO Mary Barra.

Barra said a partnership between the two companies has the potential to make vehicle development more efficient by driving greater scale and supporting disciplined capital allocation.

Ms. Mary Barra, GM Chair and Chief Executive Officer, said, “GM and Hyundai have complementary strengths and talented teams. Our goal is to unlock the scale and creativity of both companies to deliver even more competitive vehicles to customers faster and more efficiently,”

Hyundai and GM’s flexibility and agility will allow both companies to explore the development of their shared capabilities.