GM and South Korean automaker Hyundai may soon share midsize pickup trucks and all-electric commercial vans in the North American market, as well as automotive chip technology and next-gen EV battery technology.
According to a recent report from Reuters, which cites unnamed sources familiar with the matter, as well as internal Hyundai documents, the two automakers are apparently closing in on a partnership deal amid wide-ranging discussions.
As part of the agreement, Hyundai is considering supplying General Motors with electric commercial vans, which The General could use as a replacement for the aging Chevy Express and GMC Savana, both of which are ICE-based. Hyundai plans to initially import these vans from South Korea, but is exploring North American production by 2028 through either a new plant, expansion of an existing facility, or outsourcing.
In return, Hyundai is looking to sell a version of GM’s midsize pickups (Chevy Colorado, GMC Canyon) under its own brand in North America. The automaker has also expressed interest in GM’s full-size pickup trucks, although GM has yet to commit to that aspect of the deal.
Beyond vans and pickup trucks, Hyundai may also provide General Motors with the Creta, a small crossover, to refresh GM’s model lineup in Brazil. In return, General Motors could leverage Hyundai’s platforms to strengthen its offerings in South America.
The discussions also reportedly include a broader collaboration in automotive chips, next-generation EV batteries, and EV battery materials. Although neither company has confirmed the details of the negotiations, both have acknowledged that talks are indeed ongoing.
The initiatives are expected to help both automakers reduce costs and remain competitive in the face of growing competition from Chinese EV manufacturers. Additionally, the potential partnership arrives amid broader trade uncertainties as the Trump administration continues to ramp up rhetoric and threaten wide-sweeping tariffs on some of the U.S.’ biggest trade partners, raising concerns over the global automotive supply chain.
Comments
GM shouldn’t give Hyundai a contract in its favor. Don’t give Colorado to Hyundai.
What is “give a contract in its favor”???
100% agree. Not a smart move to give the successful domestic trucks to the Korean automaker.
GM can’t even sell the electric commercial vans they have and they’re trying to sell more 🙄
You’re right Tigger. They can’t give away the BrightDrop vehicles. Fleet buyers are reporting gm is offering up to 40% off those products to unload their inventory.
Great plan gm. Set the Korean’s up with your most important product(s) in the only significant market where you are still profitable. What’s next, share the large BOF SUV’s with them too?
Once the Korean’s enter the BOF truck market and gain some traction with gm’s products they’ll produce their own trucks and undercut them big time. I’ve seen this picture before.
Honestly, it’s like gm has a d**th wish.
They have a terrible CEO that hates the company and she probably hates America too.
She hates the company so much that she’s been there since 1980. Yeah, that makes perfect sense. Another loser afraid of a woman in leadership.
No, Joe G -like anyone else with common sense- realizes poor management when he sees it.
Ok…What would you do differently?
Seriously…please, give specifics.
We’re all interested in your knowledge and just can’t wait until your upcoming TED Talk Series.
What would I do differently?
1) Stop importing half of GM’s vehicles they sell in the US and build them here instead of underutilizing their US plant footprint. After all, GM’s supposed to be an AMERICAN car company based on the US.
2). Offer compelling products that lure people in the showroom instead of trying to shove EVs down everyone’s throat.
3) instead of buying back stock to artificially prop up your stock price, use the money instead to fill the massive gaps in your product lineup.
4) speaking of product, how about new a ICE powered sedan,
a Wrangler/Bronco competitor, a new van to compete with the Ford Transit , a new Camaro that one does not have to be a contortionist to get in
5) More choice in power trains and exterior and interior colors
6) Actual quality materials and interiors like leather instead of glorified vinyl
I couldn’t care less if a woman is running the company if it were IMPROVING rather than PROGRESSING, I couldn’t care less if GM is currently making money, the fact is that the last 5 years they’ve made some of the worst vehicles in history. I WORK ON THEM. And the folks starting a class action law suit over the six and eight speed trans should have waited, the ten is much worse. It looks like a last stand before utter ruin. Make a bunch of junk, scoop the profits, and vanish. I will always drive a GM… unless I can’t get an old one anymore. All the same I think it’s bizarre to continue cutting ICE when the market is still strong, and EV market is extremely poor, and doomed to get worse for a few years at least. GM doesn’t necessarily need a change of CEO, it needs a changed CEO.
Badge engineering has been a thing between automakers for decades… Have you forgotten that GM and Toyota shared platforms before?
GM has had product sharing with Isuzu, Toyota and Suzuki for many years. Worked well. The more vehicle they produce, the longer plants stay open and people make more money.
If you want to bring in a Hyundai EV van and rebadge it, fine.
But DON’T MESS with the Express/Savanna gas V8 models! Sell them side-by-side with the Hyundai EV vans, and SEE which SELL. Let the free market decide. (I think you know which I would bet on.)
Current EPA changes are likely to help with the FREE market. I definitely agree GTO Guy!