Hyundai reportedly considering second U.S. plant to meet rising demand
Filed under: Plants/Manufacturing, Hyundai
Every automaker wishes it had this problem: not enough supply to meet demand. The solution? Expand production, of course. That’s the situation Hyundai is reportedly facing, and the automaker says that if it’s going to build another plant, it should be right here in the United States.
Hyundai currently builds the Sonata and Elantra at its solitary American plant in Montgomery, Alabama. (The Santa Fe, meanwhile, is built at the Kia subsidiary facility in West Point, Georgia.) And with demand for its compelling lineup rapidly increasing in the United States – up nearly 25 percent in 2010 versus 2009 – the Korean automaker is seriously considering expanding its production capacity with another plant to meet growing demand.
Executives will reportedly evaluate the possibility next year after they observe whether the upward trend in demand will continue enough to warrant such an expansion.
[Source: Automotive News - sub. req.]
Hyundai reportedly considering second U.S. plant to meet rising demand originally appeared on Autoblog on Mon, 17 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.
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