Hyundai Motor Company and General Motors have outlined the first five vehicles to come from their strategic collaboration.

Vehicle Development Plans

The automakers will co-develop four vehicles for Central and South America, including a compact SUV, compact car, compact pickup, and mid-size pickup, each capable of internal combustion or hybrid propulsion. They will also jointly develop an electric commercial van for North America.

GM will lead development of the mid-size truck platform, while Hyundai will lead the compact vehicle and electric van. Both companies will use shared platforms but design unique interiors and exteriors for their respective brands.

When fully scaled, the companies expect annual sales of the co-developed models to exceed 800,000 units.

Production Timelines

Design and engineering work is underway for the Central and South American vehicles, with launches planned for 2028. The electric van will be built in the U.S., also targeted for 2028 production.

Executive Statements

“Partnering with GM allows us to efficiently deliver vehicles in multiple segments and markets,” said José Muñoz, Hyundai president and CEO.

“These models target the largest segments in the region and the commercial market in North America,” added Shilpan Amin, GM senior vice president and global chief procurement and supply chain officer.

Additional Collaboration Areas

The companies will pursue joint sourcing initiatives for materials, transportation, and logistics in the Americas, and may expand cooperation to raw materials, components, and complex systems. They also plan to explore collaboration on low-carbon steel production.

The framework agreement, signed in September 2024, also includes potential future joint vehicle programs for global markets and propulsion systems ranging from internal combustion and hybrid to battery-electric and hydrogen fuel cell.