General Motors and Hyundai Motor Co. will jointly engineer and build five vehicles — four for Latin America and an electric commercial van for North America — under a manufacturing and sourcing pact the companies say could top 800,000 units annually once fully ramped.
The first models are slated to roll out in 2028, providing both automakers cost relief as tariffs and Chinese competition squeeze margins.
Hyundai and GM say they will pursue joint sourcing of raw materials, components and low-carbon steel across the Americas.
Four of the five vehicles — a compact car, compact SUV, small pickup and mid-size pickup — are aimed at Central and South America. All will have the flexibility to use either internal combustion or hybrid propulsion systems.
The lone North American product will be a battery-electric commercial van positioned as a “smaller sibling” to Chevrolet’s BrightDrop platform.
GM will lead development of the mid-size pickup chassis, leveraging its Kansas and São José dos Campos engineering centers, while Hyundai will steward the compact platforms and the van’s architecture. Each brand will market the vehicles under its own badge but will share hard points, mounting brackets and many under-hood components.
Beyond vehicles, the partners will pool procurement of components, logistics and low-carbon steel, giving the combined entity greater leverage over tier-one suppliers. The two companies said they will “explore collaboration on fuel-cell systems and other propulsion technologies.”
