Hyundai Motor to Expand Georgia, USA Plant

Hyundai President Muñoz: "Considering expansion of Georgia plant to 800,000 units/year... accelerating due to tariffs"
Yonhap Infomax
(Seoul=Yonhap Infomax) Reporter Jae-heon Lee = Jose Muñoz, President and CEO of Hyundai Motor [005380], stated that the company is considering a plan to significantly expand the annual production capacity of its new plant in Georgia, USA, from the current 500,000 units to a maximum of 800,000 units. He pointed out that the tariff policies of the Donald Trump administration are a factor accelerating the expansion of local production. Hyundai President Muñoz told CNBC on the 20th (local time) ...
Promoted as part of investment plans in the US
Maximum production capacity for a single plant in the US