Automotive

Hyundai Investing In US Production

Commercial idea for Hyundai — Make me a hybrid that flies from Montgomery…
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Hyundai Investing In US Production

South Korean automaker Hyundai Motor Group said it will invest $7.4B in the US by 2025. The announcement comes alongside plans to produce two hybrid versions of existing models in the company's Montgomery, Ala, plant. 

The whole team's here. The company represents Hyundai, Kia, and Genesis. While collective sales slipped 4.5% in Q1, Genesis's luxury sales increased 43%. Genesis recently opened its first standalone store in Lafayette, La.

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