Hyundai Motor Group Continues Significant Investment Across the United States
SEOUL/WASHINGTON, D.C., May 17, 2019 — Hyundai Motor Group (HMG) has been an integral part of the U.S. auto industry for more than 30 years creating jobs, opportunities, and supporting American communities. In 2019 alone, Hyundai Motor Manufacturing Alabama (HMMA) opened a new engine shop, Kia Motor Manufacturing Georgia (KMMG) added production of the all-new Telluride SUV, Hyundai’s nonprofit organization Hope One Wheels announced $16 million in new grants and CRADLE, Hyundai’s innovation center, plans on opening additional offices in the U.S.
HMMA’s New Engine Shop
This week’s grand opening of HMMA’s new engine shop represents the most recent of many investments around the country that demonstrate the company’s ongoing commitment to the American market. A third engine shop was opened to manufacture engine cylinder heads and enhance existing operations to support the production of new Sonata and Elantra sedans. With the addition of the new 260,000 square foot building, HMMA’s engine plants will now produce two all-new 4-cylinder engines: the Smartstream 2.5L Gasoline Direct Injection 4-cylinder engine, and the Smartstream 1.6L Turbo Gasoline Direct Injection 4-cylinder engine.
KMMG Begin Telluride Production
Kia started production of the all-new Telluride at KMMG, the only auto manufacturing facility located in Georgia. The three-row SUV is built exclusively at the plant and is sold in the U.S. and exported to other international markets.
Hyundai Hope On Wheels Announces 2019 Grants
Now in its twenty first year, Hyundai Hope On Wheels will surpass $160 million in awards to doctors and hospitals across the country to raise awareness and find a cure for childhood cancer with $16 million in new donations in 2019. Hyundai Hope On Wheels is one of the largest U.S. funders of pediatric cancer research.
Hyundai CRADLE Investments
HMG’s CRADLE is an open innovation center that aims to position HMG for the future through partnerships and investments across the entire mobility value chain ― including vehicle production, fleet operation and mobility services. CRADLE is steadily growing in headcount and is on track to more than double its investments before the end of this year. To accelerate the adoption and integration of our startup portfolio, CRADLE is also expanding its open innovation activities, which includes collaborative projects with startups, research institutions, and ecosystem partners. In addition to the employment it is creating, CRADLE is investing in technology and talent to not only position HMG for growth, but also to improve mobility for all.
Hyundai Motor Group’s Operations
Overall, HMG’s U.S. operations, which includes design, engineering, manufacturing, operations, sales and marketing for Hyundai and Kia, support approximately 137,000 private sector jobs in the United States*. HMG directly accounts for nearly 30,000 of those jobs, and its dealership network employs Americans in every state. HMG’s affiliates and suppliers have invested more than $10 billion in their U.S. facilities, and these investments are growing continuously.
When HMG decided to build cars in the U.S., it made an important decision to manufacture high-value core components in the country as well. In addition to the 700,000 engines produced each year at HMMA, approximately 650,000 transmissions are made by Hyundai Powertech each year in Georgia. These and other investments have created an entire automotive manufacturing hub in Alabama and Georgia that didn’t exist before HMG put down roots in the United States.
Nestled between Canton and Ann Arbor, Hyundai’s U.S. technical center is a 220,000-square-foot state-of-the-art engineering and technology nucleus for designing, planning and overall development of Hyundai and Kia vehicles for the North American market. HMG is committed to satisfying the demands of increasingly sophisticated consumers and Hyundai’s technical center is a founding member of the American Center for Mobility (ACM). This engagement furthers Hyundai’s commitment to the future of American engineering development and allows HMG to develop and validate advanced driver-assistance systems and connected vehicle technologies to advance safety, connectivity, cyber security and autonomous technologies.
Beyond manufacturing, design and engineering, HMG invests in the people and communities it calls home across the United States. For example more than 22,000 teenagers and their parents have attended Kia’s BRAKES program to learn advanced safe driving skills across 18 states. And The Hyundai America Technical Center, Inc. (HATCI), located in Michigan, has been a longtime supporter of local Habitat for Humanity projects.
Over the last 30+ years since entering the U.S. market, Hyundai has been investing in and contributing to the growth of the U.S. auto industry. HMG is committed to continuously expanding employment, growing its operations, and investing in the United States.
* Considering U.S. job multiplier by American Automotive Policy Council (AAPC) + Hyundai Motor Group Employee (30,000)
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About Hyundai Motor Group
Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics,
finance, IT and service. With about 250,000 employees worldwide, the group’s automobile brands include Hyundai Motor Co. and Kia Motors Corp.
Armed with creative thinking, cooperative communication and the will to take on all challenges, we are working to create a better future for all.
For more information on Hyundai Motor Group, please see:
Global PR Team / Hyundai Motor
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