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GM and Hyundai Confirm Plans to Co-Develop Five Vehicles for American Markets

Engineering has begun on the five co-developed vehicles with production targeted for 2028.

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Overview

  • The partnership covers four ICE and hybrid models for Central and South America and an electric commercial van for North America.
  • Under a framework agreement signed in September 2024, detailed design and engineering kicked off on August 6–7, 2025.
  • GM will lead development of the midsize pickup platform while Hyundai spearheads the compact vehicle and electric van programs.
  • Joint sourcing and logistics initiatives across the Americas and exploration of low-carbon steel aim to drive down R&D and production costs.
  • Once fully scaled, the co-developed lineup is expected to achieve annual sales exceeding 800,000 units.