Buckle Up: Alabama auto industry accelerates growth (Video)
Alabama’s auto industry is on a hot streak, with record production numbers, rising investment, expanded hiring, and redesigned models rolling off the assembly lines. Last year alone, the auto industry added around 6,500 jobs and $3 billion in new investment in the state, according to a preliminary analysis of data in the Alabama Department of…
Alabama auto exports span the globe to set record
From the Far East to the Arabian Desert, Alabama-built vehicles continue to make their mark across the globe. The value of Alabama auto exports topped $7 billion last year, a record annual total and a 5.8 percent gain from 2014. Meanwhile, overseas shipments of Alabama-made motor vehicle parts reached $1.2 billion, an 18 percent increase.…
Alabama-built Elantra stars in Hyundai Super Bowl 50 ads
Hyundai is showcasing the features of its redesigned 2017 Alabama-built Elantra sedan in Super Bowl 50 commercials starring actor Ryan Reynolds and a pair of frightening but chatty bears. The two spots are part of a Super Bowl blitz by the automaker, which has produced a total of four commercials for Sunday’s game. Hyundai is…
Alabama 2015 auto production tops 1 million, setting record
Alabama’s three global automakers combined to produce more than 1 million vehicles in 2015, the first time the state’s annual output has reached that big-league milestone. Mercedes-Benz, Honda and Hyundai produced a total of at least 1,033,095 vehicles last year, according to the Economic Development Partnership of Alabama, a key player in the growth of…
Hyundai to add Santa Fe Sport to Alabama production lineup
MONTGOMERY, Alabama – Hyundai said today it plans to add the Santa Fe Sport SUV to the production lineup at its Alabama plant, diversifying the product mix at a facility that turns out the automaker’s top-selling U.S. sedans. Hyundai will invest $52 million to begin producing the Santa Fe Sport at the Montgomery manufacturing facility,…
Commerce, allies target Alabama auto sector growth
Alabama’s auto sector is charging forward, with record-setting production and new expansion activity that’s adding more muscle to the state’s prominent position in a global industry. Just this week, a new analysis showed that Honda’s Alabama assembly plant had an economic impact totaling $6.8 billion in 2014. A similar study this year focusing on Hyundai’s…
Hyundai to launch production of redesigned 2017 Elantra in Alabama
LOS ANGELES — Hyundai showed off the redesigned 2017 Elantra sedan at the Los Angeles Auto Show on Wednesday, with the automaker giving the Alabama-made vehicle a bolder aerodynamic design, more interior space and other significant new features. The sixth-generation Elantra – one of Hyundai’s best-selling models – will arrive in dealer showrooms early next…
Korean logistics company LogisAll to open $4 million Alabama facility
SHORTER, Alabama – Korean logistics company LogisAll plans to open a facility in Macon County that will serve the bustling Interstate 85 automotive manufacturing corridor, creating between 40 and 60 jobs in the plant’s first year of operation. LogisAll will initially invest $4 million in its new Alabama facility, which will receive, quality-test, inventory and…
Hyundai’s Alabama economic impact: $4.82 billion in 2014
Hyundai’s Alabama auto assembly plant and its supplier network generated a total impact approaching $5 billion in 2014 while also accounting for more than 12,600 direct jobs across the state, according to an analysis released today. The new study by M. Keivan Deravi, dean of the College of Public Policy and Justice at Auburn University…
Hyundai marks 10 years of production in Alabama
MONTGOMERY, Alabama – Exactly 10 years ago today, former President George H.W. Bush took the stage at Hyundai’s new Alabama plant for a splashy grand opening ceremony. Chairman M.K. Chung was on hand for the celebration, along with top state officials. At one point, Korean pop sensation Elec Cookie delivered a rendition of Oh Susanna,…
