Hyundai Motor Manufacturing Alabama (HMMA) has announced US$290m in investment to bolster production of popular SUVs.

US$190m has been allocated for tooling and equipment updates to build the redesigned fifth generation Santa Fe. 

Related Company Profiles

View all

“An additional $100m will be invested to support ongoing production of the Tucson SUV and Santa Cruz Sport Adventure Vehicle,” said HMMA president and CEO Ernie Kim.

HMMA has assembled the Santa Fe since 2006. 

This model change is the first comprehensive update since 2018. 

See Also:

Production is scheduled to commence later this year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

HMMA also produces the Tucson SUV, Santa Cruz Sport Adventure Vehicle, plus the Genesis GV70 luxury SUV.