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Hyundai targets further U.S. growth with new Georgia plant

The automaker plans to scale production at a new $7.6 billion facility in Georgia to win additional U.S. sales and market share.

Reported · Written up by our desk · M&A & Deals

Hyundai says it is not finished with its rapid U.S. growth and wants to keep expanding by increasing vehicle production in the United States, according to CNBC Markets.

The company plans to ramp output at a new $7.6 billion plant in Georgia, aiming to capture more sales and market share as it scales operations.

CNBC World reports Hyundai views the facility as a key step in sustaining its momentum in the U.S. auto market.

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