Hyundai Expected to Build Genesis Models in Alabama

[YEH]

Christie Schweinsberg | WardsAuto

Hyundai is expected to bring production of two Genesis luxury models to the U.S. by the end of the decade, according to WardsAuto forecasting partner AutoForecast Solutions.

The next-generation Genesis G80 sedan, formerly known as the Hyundai Genesis sedan and an unnamed Genesis D-segment CUV will begin production in September and November 2019, respectively, at a new plant in the U.S. Montgomery, where Hyundai’s current Alabama plant is located, is a likely spot.

Hyundai has talked of expanding its existing 2-million-square-ft. (185,806-sq.-m) vehicle-assembly plant or putting a second facility on the 1,744-acre (706-ha) site.

http://wardsauto.com/industry/hyundai-expected-build-genesis-models-alabama


Makes sense as the largest market for the next gen G80 and the companion crossover model will be the US/NA.

There really isn't a cost advantage in building in Korea these days and w/ uncertainty in currency fluctuation and the yearly strikes/work stoppages - would bring more certainty when it comes to production and cost of the G80 and the companion CUV.

Lexus builds its 2 most popular models (ES and RX) in NA and Honda has been bringing over production of Acura models.

 

[Mark_888]

Dup thread.