Hyundai and GM unveil first five co-developed vehicles

Business |Agreements & Stratergies

Hyundai and GM will jointly build four models for Latin America and an electric van for North America, with launches from 2028.

519 views | Date: August 7, 2025

Hyundai and GM unveil first five co-developed vehicles

Detroit,Seoul- Hyundai Motor Company., and General Motors company., have announced the first five vehicles from their strategic collaboration, marking a major milestone in their global partnership.

The two automakers will jointly develop four vehicles for Central and South America — including a compact SUV, a compact car, a compact pickup, and a mid-size pickup all capable of running on internal combustion or hybrid powertrains. In addition, they will co-develop an electric commercial van for North America, expected to be manufactured in the U.S. by 2028.

Under the collaboration, GM will lead development of the mid-size truck platform, while Hyundai will lead on the compact vehicle and electric van. The companies will share platforms but design unique interiors and exteriors to reflect their individual brand identities.

Once fully scaled, annual sales of these co-developed vehicles are projected to exceed 800,000 units. Design and engineering work is already underway, with launches planned for 2028.

The partnership also extends beyond vehicles, with Hyundai and GM pursuing joint sourcing initiatives in North and South America covering materials, transport, and logistics. They will further explore collaboration on low-carbon steel to support sustainable manufacturing.

Mr. José Muñoz, President and CEO of Hyundai Motor Company, said, “Hyundai’s strategic collaboration with GM will help us continue to deliver value and choice to our customers across multiple vehicle segments and markets. 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.”

Mr. 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.”