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Announced

General Motors and Hyundai to form a joint venture.

Synopsis

General Motors, an American multinational automotive manufacturing company, and Hyundai, a South Korean multinational automotive manufacturer, agreed to form a joint venture. “GM and Hyundai have complementary strengths and talented teams. Our goal is to unlock the scale and creativity of both companies to deliver even more competitive vehicles to customers faster and more efficiently,” Mary Barra, General Motors Chair and CEO.

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