By on March 12, 2015

2015-santa-fe-sport-03

Per inside sources, Hyundai is planning to increase SUV production in the United States in an effort to capture more consumers amid low fuel prices.

Reuters reports the automaker’s sales of the Elantra and Sonata have slowed as some consumers in the U.S. spend their money on SUVs and crossovers, prompting the company’s shift toward more SUVs. The expansion would come in the form of a new assembly line in Alabama, augmenting the line in Kia’s Georgia facility where the Santa Fe is assembled, and exports of the Tucson from Hyundai’s factories in South Korea.

Korea Investment & Securities auto analyst Suh Sung-moon adds that, aside from Hyundai’s need for a second U.S. plant, Santa Fe production could be moved to Alabama, with the Tucson and a truck — possibly in the vein of the Santa Cruz concept from the 2015 Detroit Auto Show — joining the former. Overall production is expected to be 300,000 units annually, with the first vehicles to leave the line in 2017.

Get the latest TTAC e-Newsletter!

7 Comments on “Sources: Hyundai Expanding SUV Production In US Market...”


Read all comments

Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

  • 28-Cars-Later: Ignorance must be bliss.
  • slavuta: “why should we support Putin?” Why do you feel that you support Putin? We’re free country...
  • slavuta: I think, a lot would be different. sure. Presidents must stop listening to the press.
  • slavuta: “most Americans are not that anxious to be part of a dictatorship” I came to America to be a...
  • slavuta: Jeff, I know only enough to imagine what is going on. But let me throw this at you from oilprice.com Q: Why...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber