The companies announced details of the first five vehicles the pair will collaborate on. The cars are expected to hit roads by 2028.

General Motors and Hyundai Motor on Wednesday outlined plans to develop five vehicles as they seek to lower costs amid growing competition from nimble Chinese rivals. Four of the vehicles — a compact SUV/car/ pickup,

General Motors and Hyundai have officially confirmed a new alliance that will see the automakers co-develop five new vehicles.