Hyundai Motor’s US unit plans to make an announcement on Monday (US time) regarding existing engine production facilities but it does not involve a capacity expansion, a company official has said.
According to Reuters, Hyundai Motor said earlier the company and the state of Alabama would announce on Monday “additional investment in the existing infrastructure” at its auto assembly plant near Montgomery, declining to give specifics.
The move comes as the US plant is unable to meet strong demand for Hyundai’s Sonata sedan and Elantra compact.
Affiliate Kia Motors has a plant in Georgia.