- Jan 17, 2011
Hyundai reportedly considering second U.S. plant to meet rising demand
The millionth vehicle built at Hyundai Motor Manufacturing Alabama rolls off the line in 2009
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.]