Hyundai To Invest Half-A-Billion Dollars In Alabama
Big move coming for Hyundai. The Tucson hybrid facilities are moving from Korea to Montgomery, Alabama.
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Hyundai will invest about half a billion dollars at its Alabama manufacturing facilities to build new engines, hybrid components, and an extended-range electric powertrain, per Automotive News today.
The Hyundai CEO said, “We are bringing Tucson hybrids to Alabama, and then we will bring the Santa Fe.”
The Tucson is Hyundai’s #1 seller in the US, and the hybrid version sold here is currently assembled in Korea. Every car built in Alabama will be exempt from a 15% tariff.
The move by Hyundai is a huge economic boost for Alabama.
Tuscaloosa Hyundai is your local Hyundai dealership, located on Skyland Blvd.
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