
GM and Hyundai Unite to Kick Off a Game-Changing Global Car Launch
General Motors and Hyundai, two of the world's most recognizable carmakers, have officially joined forces in a bold new collaboration. Their goal? Develop five all-new vehicles designed specifically for Latin America and North America — and build them at a scale that could reach over 800,000 units a year once fully up and running.
So What Are They Building?
The joint lineup will include:
A compact SUV
A sleek sedan
A small pickup truck
A mid-size pickup
And an electric commercial van made for North America
These models are expected to hit the roads by 2028, and while they'll be sold under each company's own badge, they'll share components and engineering under the hood.
What's in It for Both Sides?
This isn't just about building cars together — it's a strategic match built on complementary strengths. Hyundai will take the lead on the smaller models and the electric van, while GM will handle the mid-size truck platform. By sharing the heavy lifting, both companies save time, cut costs, and fast-track innovation.
And let's be honest — the timing isn't random. With Chinese electric vehicles flooding markets at unbeatable prices and packed with tech, both GM and Hyundai saw a need to adapt fast. Hyundai gets access to GM's deep truck expertise. GM, in turn, taps into Hyundai's hybrid and EV know-how.
A New Way Forward
This partnership isn't just smart — it's necessary. The auto world is changing fast, with rising tariffs, supply issues, and intense pressure to electrify. In that context, GM and Hyundai's alliance shows what's possible when old rivals look past competition and focus on shared solutions.
It's not just about who builds the next popular model — it's about reshaping how mobility gets made. Could we one day see a Hyundai-designed electric van powered by GM hardware? Or a GM pickup built on a Korean platform? That future is closer than it looks.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Argaam
2 hours ago
- Argaam
Trump threatens Powell with 'major lawsuit', demands rate cut
US President Donald Trump threatened on Tuesday to allow a 'major lawsuit' against Federal Reserve Chairman Jerome Powell to proceed, calling for immediate interest rate cut. The president said on his 'Truth Social' platform that the lawsuit would relate to Powell's management of major renovations at the Fed's headquarters in Washington, D.C. 'The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that we've blown through Powell and the complacent Board,' Trump claimed. 'I am, though, considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings.' 'Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good!' he wrote.


Argaam
2 hours ago
- Argaam
Saudi Arabia vaults to 23rd globally on Mining Investment Attractiveness Index
The Saudi mining sector ranked 23rd globally on the Mining Investment Attractiveness Index, according to the Annual Mining Companies Survey Report 2024 issued by the Canada-based Fraser Institute. According to the report, the sector has witnessed an unprecedented global achievement over the past decade, outperforming peers in key destinations in Asia and Latin America, solidifying the Kingdom's position as one of the world's key emerging powers in the mining sector. The Kingdom has achieved remarkable progress on the Policy Perception Index, rising to 20th place globally in 2024 out of 82 countries surveyed. Meanwhile, the Geological Capabilities Index witnessed an unprecedented leap for the Saudi mining sector, reaching 24th place in 2024, showed the report. The Kingdom also recorded exceptional improvement in several key indices between 2013 and 2024, as shown in the following table:


Arab News
6 hours ago
- Arab News
Saudi Arabia's mining sector jumps to 23rd globally in Fraser Institute index
RIYADH: Saudi Arabia's mining sector has leapt 81 places over the past decade to rank 23rd globally in the Fraser Institute's Investment Attractiveness Index, underscoring the Kingdom's rapid emergence as a global mining contender. The rise from 104th place in 2013 marks one of the steepest climbs recorded by the Canadian think tank and puts Saudi Arabia ahead of several established mining destinations in Asia and Latin America. The Fraser Institute credited the surge to sweeping regulatory reforms, strategic investment, and accelerated exploration activity. These improvements reflect investor confidence in a stable regulatory environment and the vast untapped mineral wealth supported by large-scale geological surveys, new discoveries, and competitive mining licensing rounds. The rise aligns with the rapid growth of Saudi Arabia's mining industry, a key pillar of the Kingdom's Vision 2030 diversification strategy. Commenting on the Fraser Institute's 2024 report, Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Al-Mudaifer said: 'It reflects the structural transformation of the Saudi mining sector in line with the targets of Vision 2030.' He added: 'Our focus remains on maximizing the economic value of our mineral resources, creating jobs for citizens, and localizing supply chains.' The vice minister said mining is no longer a traditional sector; rather, 'it has become a key driver of industrial and economic growth, and we are committed to building on this momentum to ensure sustainable success.' The Kingdom also ranked 20th globally in the Policy Perception Index, up from 82nd a decade ago, and 24th in the Best Practices Mineral Potential Index, rising from 58th. This comes as Saudi Arabia issued a record number of new mining exploration licenses in the first half of 2025, registering a 144 percent increase year on year, official data showed. The Ministry of Industry and Mineral Resources reported that 22 licenses were granted during the period, up from nine in the same period a year earlier, underscoring rising investor interest and the government's drive to build a more competitive and attractive mining sector. Commenting on Saudi Arabia's significant jump in the rankings, Minister of Industry and Mineral Resources Bandar Alkhorayef described the progress as 'unprecedented positive results that align with the Kingdom's rise as a global mining power, reflecting the impact of reforms to enhance competitiveness in the mining investment environment, which have increased global investor confidence.' 'We are proud of this progress and will continue to develop the mining sector to maximize its role in diversifying our economy in line with Vision 2030 targets,' he added. معالي نائب وزير #الصناعة_والثروة_المعدنية لشؤون التعدين، م. خالد المديفر، معلقًا على نتائج المملكة في تقرير معهد فريزر الكندي لعام 2024: "تعكس التحوّل الهيكلي لقطاع التعدين السعودي وفق مستهدفات رؤية 2030". — وزارة الصناعة والثروة المعدنية (@mimgov) August 11, 2025 The Fraser Institute highlighted the Kingdom's broad regulatory transformation, covering areas such as security of tenure, taxation, environmental legislation, infrastructure, and community engagement, which enabled Saudi Arabia to rank in the top quartile of the index for the first time. The report also noted investors had no concerns regarding political stability — one of the Kingdom's key strengths — and commended the Mining Exploration Enablement Program for reducing investment risks and boosting early-stage project confidence. Data from the report showed marked improvements between 2013 and 2024, including a 305.8 percent increase in the clarity and effectiveness of mining administration, from 17 percent to 69 percent, ranking 11th globally. The clarity of land use for mining activities rose by 82.2 percent, from 45 percent to 82 percent, placing the Kingdom 7th globally. The effectiveness of labor regulations improved by 102.2 percent, from 45 percent to 91 percent, while the quality of geological databases saw an 81.8 percent increase, from 33 percent to 60 percent. The Fraser Institute's Annual Survey of Mining Companies is considered one of the most trusted global benchmarks for evaluating mining investment environments and is widely used by investors, governments, and financial institutions to assess opportunities in the sector.