GM, Hyundai to Co-Develop Five Vehicles for Americas

General Motors and Hyundai have announced plans to jointly develop five new vehicles for markets in North, Central, and South America. This marks the first major product initiative under the strategic partnership signed in September 2024.

The collaboration covers four flexible-architecture vehicles for Central and South America—a compact SUV, a compact car, a compact pickup, and a mid-size pickup—each capable of supporting both internal combustion and hybrid powertrains. In addition, the companies will co-develop an all-electric commercial van for the North American market.

Design and engineering work for the Latin American models will begin immediately, with market launches planned for 2028. The electric van will also enter production in the United States in the same year.

Each automaker will lead specific segments: GM will oversee platform development for the mid-size pickup, while Hyundai will take charge of the compact vehicles and the electric van. While sharing common platforms, each model will feature distinct exterior and interior designs tailored to their respective brand identities.

Once production is fully scaled, annual sales of the five models are expected to exceed 800,000 units, according to GM and Hyundai.

“The vehicles announced today focus on key market segments in Central and South America, as well as the commercial segment in North America,” said Shilpan Amin, GM’s Senior Vice President and Global Head of Purchasing and Supply Chain. “Through this alliance, GM and Hyundai will deliver more options to customers, faster and at lower cost. These initial products clearly demonstrate how we will leverage our complementary strengths and combined scale.”

Beyond product development, the agreement includes joint sourcing efforts across the continent covering materials, logistics, and transportation. The companies also plan to explore joint initiatives involving raw materials, components, and complex systems. Hyundai and GM further agreed to investigate partnerships for sourcing low-carbon steel, reinforcing their commitment to sustainable manufacturing practices.