Kia to produce hybrid cars at Hyundai's Georgia factory
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There are two major automotive plants in the U.S. One in Georgia and one in Alabama. Hyundai Steel will open a $5.8 billion plant in Louisiana in 2028 with a plant that will provide steel to the plants in Alabama and Georgia to produce vehicles.
Go inside the factory, hear from Kia COO Steve Center on U.S. production strategy, and get Hyundai CEO Jose Muñoz’s reaction to the latest trade news. (Rudy Schork)
Hyundai Motor Group announced plans at the White House on Monday to invest $21 billion in its U.S. vehicle supply chain, production and electric vehicle charging — including a new steel factory ...
Shares of Hyundai Motor and affiliate Kia Corp, which are expected to source steel from the proposed factory, rallied. Hyundai Motor shares ended up 3.3% after rising as much as 7.5% to their ...