On Wednesday, leaders with the state of Alabama, as well as Montgomery city and county officials, joined Hyundai Motor Manufacturing Alabama executives to pull the cover off the auto manufacturer’s redesigned, fifth generation Santa Fe SUV and announce news of the multi-million dollar investment behind it.
“Today, the legacy of the Santa Fe continues with HMMA investing $190 million dollars to prepare our assembly plant for the next generation of this popular SUV,” said HMMA President and CEO Ernie Kim, adding “an additional $100 million dollars will be invested to support ongoing production of the Tucson SUV and Santa Cruz Sport Adventure Vehicle.”
HMMA first started building the Santa Fe in 2006, and the latest version of the SUV will be the first full model change since 2018. The company touts the redesigned vehicle as having “a bold exterior design, enlarged tailgate and cabin, a more refined interior with sustainable materials, and a variety of high-tech features including a 12.3 inch Panoramic Curved Display.”
“The people of Montgomery and the wider River Region have benefitted from our partnership with Hyundai for more than two decades,” said Montgomery Chamber Board Chairman LaBarron Boone. “During that time, there have been 16 expansions of HMMA, an investment that totals $3.377 billion at just the Montgomery plant alone. With today’s announcement, Hyundai continues to be a leading driver of the momentum in Montgomery.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: wsfa12news - 🏆 338. / 59 Read more »
Source: wsfa12news - 🏆 338. / 59 Read more »