Hyundai, GM to co-develop 5 vehicles, target 800,000 unit sales
Hyundai and GM will co-develop five new vehicles, including an EV van for North America and four flexible-platform models for Latin America. Launches begin in 2028, with annual sales targeted at 800,000 units. The deal includes joint sourcing of materials and emissions-reducing steel. Retail sentiment remains muted, with GM up 2.1% YTD and Hyundai down 1.9%.