Investment in the U.S. production market is a high priority for Hyundai. Reports gleaned from a South Korean news agency indicated that in order to keep up with the healthy demand for Hyundai’s lineup of small SUVs and crossovers, a plan would soon be announced to build a new plant in the southern United States. Today’s lower gas prices have slowed the sale of cars while driving-up a high demand for trucks and SUVs.
“We need more truck capacity,” Dave Zuchowski, CEO of Hyundai North America remarked. “The volumes we’re talking about, a new plant would make more sense than U.S. expansion,” of an existing plant.
That might rule out expanding use of Hyundai’s Montgomery Alabama Plant where the Elantra and Sonata are already built, but an entirely new Hyundai plant, built next to the existing one, could be completed in about two years. “We’re positioned well to get into more crossovers and do more with existing ones,” says Zuchowski.
You can check out the entire 2015 lineup of sleek and stylish Hyundai SUVs and sedans at SouthTowne Hyundai. With more expansion and selection just around the corner, it’s a great time to be behind the wheel of a Hyundai.